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

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

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

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

S&P Global upgrades Wells Fargo's outlook to positive and affirms BBB+ long-term issuer rating, citing stronger controls and ...

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

Charlotte Observer reporter Kitty Muccigrosso talks about how the Federal Reserve lifted Wells Fargo’s nearly $2 trillion ...

The recent gains come as the U.S. Federal Reserve announced last week that Wells Fargo will no longer be subject to the $1.95 trillion asset cap that was imposed on the bank’s operations ...

The Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo. The restriction was imposed in 2018 due to a ...

Wells Fargo & Co.’s Federal Reserve-imposed asset cap that restricted its size for more than seven years was “grossly unfair,” said Jamie Dimon, longtime boss of its biggest rival.

The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and wealth management now that it has shed a major growth restriction imposed last decade by ...