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Wells Fargo sets expansion aspirations after asset cap lifted - report
Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...
What’s next for Wells Fargo as asset cap penalty ends? Finance experts weigh in
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
Wells Fargo Stock Rises as Fed Removes $1.95T Asset Cap After 7 Years
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
What's in Wells Fargo's future after the Fed's asset cap lift?
The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week.  Chris Whalen, chairman of Whalen Global ...
Cap-free Wells Fargo could be a fashion faux pas
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
Wells Fargo can finally grow due to the Fed lifting its asset cap, says RBC's Gerard Cassidy
Gerard Cassidy, RBC Capital Markets global financials research co-head, joins 'Money Movers' to discuss the Fed lifting Wells ...
Wells Fargo's handcuffs are off as Fed lifts asset cap imposed in 2018
After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance ...
Wells Fargo’s (WFC) Growth Engine Restarts with Fed’s Asset Cap Removal
On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...
HousingWire16h
Wells Fargo’s asset cap has been lifted. Will it become a mortgage giant again?
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
American Banker16h
Wells shed its asset cap — but it isn't clear why
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
Federal Reserve lifts asset cap placed on Wells Fargo after 2018 fake accounts scandal
Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.
The Manila Times on MSN22h
Wells Fargo escapes Fed's asset cap
WASHINGTON, D.C. ― Wells Fargo was released from a punitive, seven-yearlong $1.95-trillion cap on its assets on Tuesday after the US Federal Reserve (Fed) lifted the regulatory measure, allowing the ...