Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...

The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...

The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week.  Chris Whalen, chairman of Whalen Global ...

Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...

The US central bank has removed a punitive asset cap imposed on Wells Fargo seven years ago over its “fake accounts” scandal, freeing the US bank to increase lending and expand its businesses.

The Federal Reserve on Tuesday said that Wells Fargo (NYSE:WFC) is no longer subject to the asset growth restriction the ...

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

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's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...

Wells Fargo CFO Mike Santomassimo reacts to the bank being released from a Federal Reserve asset cap that has restricted its ...

"The Federal Reserve's decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo," CEO ...