Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...

The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.

Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank over the medium to longer term. Last week, the Federal Reserve said that ...

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

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 ...

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 award. News Sports Opinion Business Advertise Obituaries eNewspaper Legals.

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

The Federal Reserve has lifted its $1.95 trillion asset cap on major bank Wells Fargo (WFC), now enabling the financial institution to further grow its business. Yahoo Finance senior banking ...

Wells Fargo (NYSE: WFC) stock has risen by 3% over the last week and remains up by nearly 9% year-to-date. The recent gains come as the U.S. Federal Reserve announced last week that Wells Fargo ...

San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.