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Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...
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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 ...
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...
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 Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...
Citigroup is preparing to set aside hundreds of millions of dollars more to cover potential bad loans in the second quarter, ...
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's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...
Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
Citigroup is poised to increase provisions for potential bad loans by hundreds of millions of dollars for the second quarter, ...
Muted” Consumer Lending Ahead Wells?Fargo CFO Mike Santomassimo told investors this week that U.S. consumer loan growth is ...