News

Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to ...
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.
Wells Fargo & Company operates within the financial services sector and is listed under major U.S. stock indexes such as the ...
The cap was introduced following revelations that Wells Fargo employees had opened unauthorised accounts to meet sales ...
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...
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Fed lifts Wells Fargo asset cap
The Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo. The restriction was imposed in 2018 due to a ...
The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells ...
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...
Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...