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The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
Wells Fargo is flexing its post-scandal muscles, diving into direct lending and targeting midsize firms and leveraged buyouts ...
A former attorney for Wells Fargo was successful in his bid to move the bank’s allegations that he shared confidential information with another firm to arbitration, a federal judge ruled.
Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.
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 ...
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 ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The fourth-largest U.S. bank was operating under a $1.95-trillion asset cap mandated by the Fed in 2018 aimed at restricting ...
The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
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