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The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
The Federal Reserve said Tuesday it has ended its final consent order over Wells Fargo& Co., allowing the bank to grow beyond the $1.95 trillion asset cap that has restricted the bank since February ...
Wells Fargo is flexing its post-scandal muscles, diving into direct lending and targeting midsize firms and leveraged buyouts ...
Wells Fargo shifts focus to organic growth over buybacks after asset cap removal. Explore its valuation, dividend potential, ...
At the time, Scharf said that once the cap was lifted Wells Fargo would be able to expand in a "controlled and linear way," especially within corporate deposits and its corporate and investment ...
Wells Fargo & Co. WFC +3.27% + Free Alerts just got a green light from the Federal Reserve to break free from a major ...
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
Wells Fargo's asset cap, imposed by the Federal Reserve in 2018, has been lifted, allowing the bank to resume growth efforts.
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.