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Reinstate Wells Fargo’s Asset Cap

Barron's on MSN · 15h

Warren and Waters to the Fed: Reinstate Wells Fargo’s Asset Cap

The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the amount of assets the bank of assets can hold was warranted

Yahoo Finance · 21h

Exclusive: Sen. Warren urges Fed to reconsider removing Wells Fargo asset cap

Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed on major bank Wells Fargo (WFC). The US central bank released Wells Fargo from its cap that held its total assets at $1.

Bloomberg · 2d

Wells Fargo Asset Cap Lifted by Fed, Paving Way for Growth

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, unleashing the firm from the unprecedented punishment in a major win for Chief Executive Officer Charlie Scharf.

2d

Wells Fargo has finally shed its dunce cap

Charlie Scharf, who took over as chief executive in 2019 after multiple scandals felled his two predecessors, has spent his ...

2d

Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals

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

18hon MSN

Tesla's fundamentals are poor hence 'sell' rating, says Wells Fargo's Colin Langan

Colin Langan, Wells Fargo automotive and mobility analyst, joins 'Power Lunch' to discuss if customers will come back to ...

1don MSN

Wells Fargo shares hit three-month high as Fed ends growth freeze

Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...

14h

The Preferred Stock Of Wells Fargo Is Offering A 52-Week High Dividend Yield Of 6.6%

Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend ...

36m

Xfinity Mobile Arena: Wells Fargo Center signage removed as rebrand begins

Wells Fargo Center signage was removed from the side of the South Philadelphia arena on Thursday as it prepares to rebrand to ...

1don MSN

Wells Fargo CEO goes from fixer to builder as regulators lift punishments

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...

23hon MSN

Don't see the labor market falling apart at this point, says Wells Fargo's Jay Bryson

Jay Bryson, Wells Fargo chief economist, joins 'Squawk Box' to discuss the state of the economy, the Fed's rate path outlook, ...

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