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Wells Fargo CEO Charles Scharf joins CNBC's 'Squawk on the Street' to discuss the San Francisco-based lender's response to the Federal Reserve lifting the $1.9 trillion asset cap imposed in 2018, the ...
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The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake accounts scandal nearly a decade ago, a major victory for CEO Charlie Scharf.
The move was a victory for CEO Charles Scharf, who said when he took over the top job in 2019 that his "first priority" was to clean up the messes left by his predecessors.
The Federal Reserve is loosening a major restriction on Wells Fargo that was put in place following a fake accounts scandal nearly a decade ago, and the fourth-largest US bank will no longer have to ...
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong cap on growth.
Charles Scharf. On the C-SPAN Networks: Charles Scharf is a President and CEO for the Wells Fargo Bank with eight videos in the C-SPAN Video Library; the first appearance was a 2014 Forum as a CEO ...
A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells Fargo & Company (NYSE:WFC) closer to removing its $1.95 trillion asset cap.
Significant regulatory progress has been made under CEO Charles Scharf, as evidenced by the closing of the seventh regulatory enforcement order in 2025 and the thirteenth since 2019.
The lifting of the OCC order is positive news for CEO Charles Scharf, who has spearheaded a sweeping cleanup effort since taking charge in 2019.