News

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...
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 ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week.  Chris Whalen, chairman of Whalen Global ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...
The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...