Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the ...

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

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

Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...

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

The Fed announced last week that it lifted the sanction, which limited Wells Fargo’s balance sheet to its size at the end of 2017. The verdict marked a major win for CEO Charlie Scharf, closing the ...

Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief executive officer has cleared away the firm’s biggest impediment to growth: ...

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

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...

CEO Charlie Scharf, who was recruited in late 2019 to lead Wells Fargo out of the regulatory wilderness, called the decision to lift the asset cap “a pivotal milestone in our journey to ...