Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...

"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...

The recent uptick follows the announcement from the U.S. Federal Reserve last week stating that Wells Fargo will no longer be ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

The bank can now grow after seven years of purgatory. And that comes as its chief local competitor just landed in a similar ...

The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...