News

Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
The Charlotte Observer on MSN3d
Wells Fargo asset cap lifted
Charlotte Observer reporter Kitty Muccigrosso talks about how the Federal Reserve lifted Wells Fargo’s nearly $2 trillion ...
The $1.95 trillion asset cap had forced the bank to scale back ... Now, with the restriction lifted, Wells Fargo has an opportunity to grow its balance sheet and earnings by taking on more ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
The recent uptick follows the announcement from the U.S. Federal Reserve last week stating that Wells Fargo will no longer be ...
The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...
The Observer had an hour long sit-down with the former Bank of America CEO, who offered insights on the city’s development, ...