The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of ...

WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.

The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...

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

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

For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...

Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

Wells Fargo & Co. resolved another regulatory punishment, the seventh this year, as the Office of the Comptroller of the ...

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

The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank ...