When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...

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

Wells Fargo's growth plan is to comply with regulators in hopes that the $1.95 asset cap (imposed by the FED in 2018) is removed. Wells Fargo expects the asset cap to be in place throughout 2025 .

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

Federal regulators on Tuesday lifted Wells Fargo's $1.95 trillion asset cap punishment that had prevented the bank from growing for the past seven years. The Federal Reserve determined that Wells ...

The Federal Reserve placed the asset cap on Wells Fargo after its phony-accounts scandal came to light. The cap has cost the bank billions in profits over the years. Analysts and investors are ...

Wells Fargo (NYSE:WFC) stock gained 2.5% in Tuesday premarket trading after a media report that the asset cap placed on the bank almost seven years ago is likely to be lifted in 2025. The company ...

Wells Fargo (NYSE: WFC) is reportedly one step closer to getting an extremely costly $1.95 trillion asset cap removed.Officials from the Federal Reserve, which placed the asset cap on the bank in ...

The question of whether to lift Wells Fargo's asset cap in the midst of a of a crisis is a complicated one for Fed Chairman Jerome Powell, left. As recently as March 10, Wells Fargo CEO Charlie Scharf ...

Longtime bank investor Tom Brown calls for the Fed to ease up on Wells Fargo, saying that in a recession you want all the big banks to be prudently lending more.

Lastly, noting that Wells Fargo completed the second of four steps on the journey to asset cap removal in February, I at the very least would expect to hear something from the media on Wells Fargo ...