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

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

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

Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...

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

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...

The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.

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

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

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

Lawmakers have written to the Federal Reserve Board of Governors to express their disapproval of the decision to lift Wells ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...