News

The bank can now grow after seven years of purgatory. And that comes as its chief local competitor just landed in a similar ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...
Lawmakers have written to the Federal Reserve Board of Governors to express their disapproval of the decision to lift Wells ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
Wells' CIB revenues have grown despite the asset cap, and the bank has continued to make senior hires. Last year it lured ...
The Federal Reserve said Tuesday it has ended its final consent order over Wells Fargo& Co., allowing the bank to grow beyond the $1.95 trillion asset cap that has restricted the bank since February ...
Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...
Wells Fargo is flexing its post-scandal muscles, diving into direct lending and targeting midsize firms and leveraged buyouts ...
Piper Sandler raised its price target on Wells Fargo & Company (NYSE:WFC) to $85 from $75 while maintaining an Overweight ...