News

The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.
WFC gains near-term edge post asset-cap lift, while BAC bets on digital growth and IB rebound for long-term upside. Which ...
The Federal Reserve’s latest stress tests show that the largest U.S. banks could withstand a severe recession with plenty of ...
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade.
Wells Fargo (NYSE:WFC) shares snapped six straight sessions of gains on Friday, as the stock closed 0.7% lower at $79.42. The bank gained about 7% in the preceding six sessions. The stock has gained ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
The results were the first under Fed Governor Michelle Bowman’s tenure as the Fed’s top Wall Street regulator. The stress test is the subject of an ongoing fight between financial regulators and bank ...
This latest forfeiture lawsuit dismissal aligns with recent decisions from other federal courts rejecting challenges to ...
Wells Fargo & Co., Goldman Sachs Group Inc. and Bank of New York Mellon Corp. top the list of 20 banks expected to boost ...
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
Wells Fargo is seeing "green shoots" in its businesses tied to Wall Street after adding talent, the bank's Chief Financial ...