When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...

Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by ...

A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.

The asset cap, introduced by the Fed in 2018, is one of the most stringent penalties regulators can enforce. It was put in place to push Wells Fargo to resolve governance and risk management ...

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

When it came to light in 2016 that employees at Wells Fargo (NYSE: WFC) ... Will Wells Fargo's Asset Cap Be Removed in 2022? December 30, 2021 — 08:08 am EST.

Wells Fargo & Co. just did something it hasn’t been able to do for more than seven years: Cross the $1.95 trillion asset mark ...

Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the 2016 fake accounts scandal. Read more here.

With Wells Fargo's (NYSE: WFC) stock up about 32% this year and its first-quarter earnings report coming Wednesday morning, it's a good time to revisit the asset cap the bank is operating under ...

Summary. Wells Fargo's ongoing regulatory issues, including a recent OCC enforcement action, delay the likelihood of the Federal Reserve lifting its $1.95 trillion asset cap.

Wells Fargo is scheduled to report first-quarter earnings on Friday, and investors will be keeping an eye out for any updates on the bank’s asset cap allowance and net interest income guidance ...

The asset cap that prevents Wells Fargo from growing its balance sheet has now been in place for nearly four years. S&P 500 +---% | Stock Advisor +---% Join The Motley Fool ...