An apparent proposal for a regulatory change should benefit large banks. On top of that, an analyst raised his price target on Wells Fargo's shares. Late on Tuesday, Bloomberg reported that ...

Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since April of 2022.

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

Wells Fargo opens its 13th Long Island branch, announces $100K grant for affordable housing in North Bellport with LIHP.

It was previously announced that Casey’s had acquired the naming rights to Wells Fargo Arena in Des Moines, the home of the Iowa high school state basketball an ...

The Fed in 2018 banned Wells Fargo from growing its assets beyond $1.95 trillion in response to a series of sales scandals across several divisions of the bank. Along with the asset cap — the ...

The Federal Reserve has lifted the asset cap on Wells Fargo, imposed in 2018 due to its toxic sales culture ...

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.

Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief executive officer has cleared away the firm’s biggest impediment ...

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts.