Wells Fargo CEO Asset Cap Outlook

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Wells Fargo asset cap lifted

What's next for Wells Fargo as asset cap penalty ends? Finance experts weigh in

"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made money and that will serve them well in the future." Mar

Investopedia on MSN · 22h

Wells Fargo No Longer Faces Federal Reserve's 2018 Asset Cap

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts.

CNBC on MSN · 20h

Fed's decision to lift asset cap marks a pivotal milestone for Wells Fargo, says CEO Charles Scharf

Wells Fargo CEO Charles Scharf joins CNBC's 'Squawk on the Street' to discuss the San Francisco-based lender's response to the Federal Reserve lifting the $1.9 trillion asset cap imposed in 2018, the company’s growth strategy,

20h

Wells Fargo Freed From Fed Asset Cap: Goldman, BofA Predict Double-Digit Earnings Surge Ahead

Wells Fargo & Co. WFC +3.27% + Free Alerts just got a green light from the Federal Reserve to break free from a major ...

Wells Fargo shares rise as asset cap removal sparks deposit and trading boost

Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...

How Charlie Scharf got Wells Fargo out of the penalty box

NEW YORK (Reuters) -When Charlie Scharf took over as Wells Fargo CEO nearly six years ago, he said its culture was broken. On ...

Seeking Alpha7d

Wells Fargo is 'very, very confident' it's close to getting asset cap lifted, CEO says

Wells Fargo (NYSE:WFC) is "very, very confident" that the Federal Reserve's asset cap on the bank will get lifted, CEO Charlie Scharf said on Wednesday at an investor conference, though he ...

Reuters8mon

Wells Fargo's latest regulatory rebuke may prolong asset cap punishment, analysts say

For other analysts, the outlook for Wells ... when asset-cap removal would come in any event, much less if additional actions like today's could alter the path further," Jefferies said. CEO ...

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