For instance, according to details from Wells Fargo regulator the Office of the Comptroller of the Currency, one banker was ...

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

KEY TAKEAWAYS The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series ...

Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...

The Federal Reserve has lifted its asset cap on major bank Wells Fargo (WFC). Yahoo Finance senior banking reporter David ...

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

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of ...

Since taking over in 2019, Scharf’s goal has been to convince the Federal Reserve that Wells Fargo had fixed its toxic ...

On June 3, the Federal Reserve determined that Wells Fargo had met all the conditions required to lift the asset cap, the bank’s biggest penalty stemming from the 2016 scandal. San Francisco ...

Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...

The US central bank has removed a punitive asset cap imposed on Wells Fargo seven years ago over its “fake accounts” scandal, freeing the US bank to increase lending and expand its businesses.

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 ...