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

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

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

The Federal Reserve's asset cap has been the main brake on Wells Fargo's (NYSE:WFC) growth for years. With it now gone, ...

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

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

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

The regulator’s board Tuesday lifted the $1.95 trillion asset cap the bank has operated under since 2018, but certain ...

The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.

Wells Fargo CEO Charlie Scharf said in a statement. “The Federal Reserve’s decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo,” Scharf said.