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The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.
Wells Fargo & Company (NYSE:WFC) is one of the best Goldman Sachs bank stocks. On June 10, Wells Fargo Chief Financial ...
Consumer loan growth in the U.S. may remain sluggish—or even decline—in the coming months, warned Wells Fargo Chief Financial ...
Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since ...
Muted” Consumer Lending Ahead Wells?Fargo CFO Mike Santomassimo told investors this week that U.S. consumer loan growth is ...
CFO Mike Santomassimo, at the Morgan Stanley US Financials, Payments & CRE Conference 2025, says it is “hard to get too ...
U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake accounts scandal nearly a decade ago, a major victory for CEO Charlie Scharf.
(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its ...
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