News

An apparent proposal for a regulatory change should benefit large banks. Wednesday's action on the stock market was fairly ...
Wells Fargo's Paul Christopher, Societe's Subadra Rajappa and Northern Trust's Carl Tannenbaum, join 'The Exchange' to ...
Wells Fargo is seeing "green shoots" in its businesses tied to Wall Street after adding talent, the bank's Chief Financial ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, marking a crucial milestone in the bank's push to rebuild its reputation ...
Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s ...
WASHINGTON, June 3 (Reuters) - Wells Fargo (WFC.N), opens new tab was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted ...
Self Employed on MSN7d
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 Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade. The ...
A brief background to understand why the fourth-largest bank in the country hadn’t been allowed to grow since 2018.