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Fed lifts Wells Fargo asset cap
The Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo. The restriction was imposed in 2018 due to a ...
The JPMorgan Chase CEO also sounded off on regulatory requirements, expressing optimism that capital rules will be scaled ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief ...
Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to ...
The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...
Wells' CIB revenues have grown despite the asset cap, and the bank has continued to make senior hires. Last year it lured ...
The Federal Reserve said Tuesday it has ended its final consent order over Wells Fargo& Co., allowing the bank to grow beyond the $1.95 trillion asset cap that has restricted the bank since February ...
Wells Fargo shifts focus to organic growth over buybacks after asset cap removal. Explore its valuation, dividend potential, ...
On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...