Wells Fargo’s equity research team believes markets may have reached a long-term bottom earlier this month, citing reduced investor panic and improving sentiment around tariff negotiations.

Mixed Q1 Results Wells Fargo’s Q1 figures were mixed. Net income grew by 6% year-over-year to $4.89 billion, while revenue decreased by 3%. Net interest income, a measure of the earnings from ...

Wells Fargo is different than it was the last time it was a heavy buyer of CLOs. When the bank retreated in 2022, it was still subject to an asset cap imposed by the Fed, limiting its balance sheet.

Regulators hit Wells Fargo with a flurry of penalties, among them a record $1.7 billion fine from the Consumer Financial Protection Bureau. None was as painful as the $2 trillion asset cap.

Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...

Wells Fargo Is Allowed to Grow Again After 7 Years Under Asset-Cap Penalty Fourth-largest U.S. bank can gather deposits, increase loans and expand its Wall Street businesses By Gina Heeb Share ...

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.

Wells Fargo WFC-0.22 % decrease; red down pointing triangle, one of the country’s largest banks, missed out on hundreds of billions of dollars of deposit growth when it was handcuffed by an ...

Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture between railcar lessor GATX Corporation and Brookfield Infrastructure .