The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...

Since taking over in 2019, Scharf’s goal has been to convince the Federal Reserve that Wells Fargo had fixed its toxic ...

Wells Fargo’s stock climbed as much as 3% in premarket trading on Wednesday. Its stock has climbed more than 50% during Scharf's tenure as CEO. The Fed imposed the broad restriction as part of a ...

On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...

Wells Fargo’s decision to move its headquarters in San Francisco is the latest sign of how the banking industry is becoming less prominent in California. Dec. 12, 2024 The Fed placed Wells Fargo ...

The undoing of the penalty, which has hung over the Wall Street bank for seven years, marks a significant victory for CEO ...

The Fed's decision to remove Wells Fargo's $1.95 trillion dollar asset cap is not significant to the bank, according to my next guest. We've got Chris Whalen, he's Whalen Global Advisors chairman.

and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s Sara Eisen, Warren blasted the Fed for ...