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Fed, Wells Fargo and Elizabeth Warren

Barron's on MSN · 2d

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 · 2d

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 · 4d

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.

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

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 ...

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