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After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
The Federal Reserve on Tuesday said that Wells Fargo (WFC) is no longer subject to the asset growth restriction the regulator ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
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