News

Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.
The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week.  Chris Whalen, chairman of Whalen Global ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
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 was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.
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 & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
"The Federal Reserve's decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo," CEO ...