News

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
The Federal Reserve on Tuesday said that Wells Fargo (NYSE:WFC) is no longer subject to the asset growth restriction the ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
The $1.95 trillion asset cap had forced the bank to scale back ... Now, with the restriction lifted, Wells Fargo has an opportunity to grow its balance sheet and earnings by taking on more ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...
Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...
The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week.  Chris Whalen, chairman of Whalen Global ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...