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Wells Fargo asset cap lifted

Barron's on MSN · 1d

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 · 3d

What's in Wells Fargo's future after the Fed's asset cap lift?

The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap this week. Chris Whalen, chairman of Whalen Global Advisors, explains why Wells Fargo's focus is shifting toward retail banking and away from wholesale lending.

The Associated Press on MSN · 3d

Fed lifts Wells Fargo restrictions placed after fake-accounts scandal

Since taking over in 2019, Scharf’s goal has been to convince the Federal Reserve that Wells Fargo had fixed its toxic banking practices. With the asset cap removed, the bank can now pursue more deposits, new accounts and take on additional investment banking businesses by holding additional securities on its balance shet.

1d

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 ...

3don MSN

Wells Fargo Shares Hit Three-Month High as Fed Ends Growth Freeze

(Reuters) - Wells Fargo shares rose more than 3% in premarket trading on Wednesday, after the U.S. Federal Reserve lifted a ...

Cryptopolitan on MSN59m

S&P 500 hits resistance near ATH as traders await inflation print and Fed decision

The S&P 500 is grinding against 6,000 and can’t break through. The index has surged 20% since April but is now stalled just 2 ...

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