News

Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to ...
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Elizabeth Warren and Rep. Maxine Waters, prominent Democrats who sit on influential congressional finance committees, called ...
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...
Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to ...
Scharf, 60, took the helm at Wells Fargo in 2019, vowing to repair its deeply entrenched problems from a fake-accounts ...
The giant lender can once again compete aggressively on all fronts to make up for lost ground in deposits.
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...