The recent uptick follows the announcement from the U.S. Federal Reserve last week stating that Wells Fargo will no longer be ...

The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...

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 had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

The Federal Reserve on Tuesday said that Wells Fargo (WFC) is no longer subject to the asset growth restriction the regulator imposed on the bank in 2018, saying the bank has met all conditions ...

San Francisco-based Wells ... Fargo’s asset size at roughly $2 trillion. The central bank also completed an internal assessment of Wells Fargo’s “corporate governance and firmwide risk ...

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted ... of the bank’s corporate governance and risk management programs, it said.

(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the ... governance and risk management programs, clearing ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Federal Reserve effectiveness and risk management order that included the asset cap. Wells Fargo has changed ...