News

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and wealth management ...
Wells Fargo is no longer under the Fed's asset cap. Here's how it plans to grow, where it might invest, and what this means ...
Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
Wells Fargo's asset cap, imposed by the Federal Reserve in 2018, has been lifted, allowing the bank to resume growth efforts.
Wells Fargo recently announced the redemption of its Series U Preferred ... slight upside potential remains should future performance meet analyst expectations. Overall, the moves indicate a ...
The Federal Reserve has completed its review of the bank's remediation efforts and determined the company has satisfied the ...
The Federal Reserve said in Tuesday's three-paragraph statement it had "determined that Wells Fargo has met all the ...