News

Wells Fargo's asset cap is lifted by Federal Reserve after seven years
The Federal Reserve on Tuesday said that Wells Fargo (WFC) is no longer subject to the asset growth restriction the regulator ...
Wells Fargo Sets Sights on Expansion: What the End of Constraints Means for Its Business Strategy
Wells Fargo is no longer under the Fed's asset cap. Here's how it plans to grow, where it might invest, and what this means ...
Wells Fargo scandals and sanctions entanglements began in 2016. Here’s the list
For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...
Winston-Salem Journal8d
Wells Fargo advances to final step of clearing asset cap freeze
The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that ...
Investing.com India20h
Wells Fargo outlook upgraded to positive from stable by S&P Global Ratings
Wells Fargo’s profitability has been rising, with its adjusted preprovision net revenue increasing to nearly $30 billion in 2024 from $23.5 billion in 2022. The company’s return on tangible common ...
Wells Fargo shares rise as asset cap removal sparks deposit and trading boost
Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...
How Charlie Scharf Got Wells Fargo Out of the Penalty Box
Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the ...
Investing10d
Wells Fargo’s SWOT analysis: stock outlook amid regulatory progress and market challenges
Wells Fargo & Company (NYSE:WFC), one of the largest banks in the United States, has been navigating a complex landscape of regulatory challenges, strategic initiatives, and market ...