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The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...
Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...
Wells Fargo CEO Charles Scharf joins CNBC's 'Squawk on the Street' to discuss the San Francisco-based lender's response to ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The Federal Reserve on Tuesday voted to scrap a near-$2 trillion asset cap imposed on Wells Fargo over a 2016 scandal that ...
Wells Fargo & Co. WFC +3.27% + Free Alerts just got a green light from the Federal Reserve to break free from a major ...
The undoing of the penalty, which has hung over the Wall Street bank for seven years, marks a significant victory for CEO ...
Wells Fargo shares rose 3.5% in premarket trading Wednesday after the Federal Reserve lifted a key restriction that had capped the bank’s asset growth since 2018.
Sponsored Bank Accounts For other analysts, the outlook for Wells Fargo's regulatory cleanup is still murky. "We still do not have a clear view of when asset-cap removal would come in any event ...
The largest of those remaining speed bumps is Wells Fargo's 2018 asset cap, a Federal Reserve Board restriction that ... and the 12th compliance matter to be resolved since 2019, when CEO Charlie ...