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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.
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
CNBC's Steve Kovach and Aaron Rakers, Wells Fargo senior analyst, join 'The Exchange' to discuss what investors want from ...
The giant lender can once again compete aggressively on all fronts to make up for lost ground in deposits.
Scharf, 60, took the helm at Wells Fargo in 2019, vowing to repair its deeply entrenched problems from a fake-accounts ...
Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to ...
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...
Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend ...
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