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Zacks Investment Research on MSNWells Fargo's CEO Shows Confidence Over $1.95T Asset Cap Potential EndOn Wednesday, at the Bernstein Conference, Wells Fargo & Company’s WFC CEO Charlie Scharf expressed confidence in the bank’s ...
Wells Fargo (NYSE:WFC) is "very, very confident" that the Federal Reserve's asset cap on the bank will get lifted, CEO ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
We’re not done, but we’re a hell of a lot closer to the end than the beginning, at this point,” the CEO said Wednesday.
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
The regulator’s board Tuesday lifted the $1.95 trillion asset cap the bank has operated under since 2018, but certain ...
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
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