News

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...
Lawmakers have written to the Federal Reserve Board of Governors to express their disapproval of the decision to lift Wells ...
The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
The Federal Reserve said Tuesday it has ended its final consent order over Wells Fargo& Co., allowing the bank to grow beyond the $1.95 trillion asset cap that has restricted the bank since February ...
Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...
Piper Sandler raised its price target on Wells Fargo & Company (NYSE:WFC) to $85 from $75 while maintaining an Overweight ...
Now, the Federal Reserve determined that Wells Fargo has met all the conditions required by the 2018 enforcement action for removal of the growth restriction, the Board of Governors of the Federal ...
"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...