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Federal Reserve lifts asset cap placed on Wells Fargo after 2018 fake accounts scandal
The Federal Reserve Board of Governors voted Monday to remove an unprecedented restriction that had capped the bank’s assets at approximately $1.95 trillion. The Federal Reserve ’s original order pointed to “widespread consumer abuses and compliance breakdowns” after Wells Fargo disclosed its bankers had opened millions of unauthorized customer accounts.
Day SEC Yield of 2.77% as of June 02. Payable Jun 05; for shareholders of record Jun 02; ex-div Jun 02. More on SPDR Nuveen ...
The top originator for 2025 so far this year was Citigroup, with a loan count of 65 and a total balance of $1.93 billion.
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Wells Fargo's interest rates are laughable. See how a high-yield savings account could earn you far more money for almost no work.
U.S. stocks ended mixed on Wednesday, with the benchmark S&P 500 flat, the technology-heavy Nasdaq Composite slightly up and ...
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
Barclays analyst Jason Goldberg lowered the firm’s price target on Wells Fargo (WFC) to $87 from $92 and keeps an Overweight rating on the shares post the Q1 report. The bank’s operating ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...
On Wednesday, Barclays analysts reaffirmed their Overweight rating on Wells Fargo stock, maintaining a price target of $87.00. Currently trading at $75.65, InvestingPro analysis suggests the ...
Detailed price information for Baker Hughes Company (BKR-Q) from The Globe and Mail including charting and trades.
The latest price target for Wells Fargo (NYSE:WFC) was reported by Barclays on April 14, 2025. The analyst firm set a price target for $87.00 expecting WFC to rise to within 12 months (a ...
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