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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 now that it has shed a major growth restriction imposed last decade by ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
Wells Fargo & Co. plans to shrink its vast mortgage empire, which once churned out one of every three home loans in the US and for a time made the bank the most valuable in the nation.
Wells Fargo's asset cap, imposed by the Federal Reserve in 2018, has been lifted, allowing the bank to resume growth efforts.
Wells Fargo Chief Executive Charlie Scharf at the Future of Everything conference. (Nikki Ritcher for WSJ) Wells Fargo Chief Executive Charlie Scharf said companies remain in solid shape but are ...
Wells Fargo & Co. said late Monday it expects to increase its third quarter dividend to 30 cents a share, from 25 cents a share, subject to approval by the company's board at its July meeting.
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