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Wells Fargo's asset cap is lifted by Federal Reserve after seven years
The Federal Reserve on Tuesday said that Wells Fargo (WFC) is no longer subject to the asset growth restriction the regulator ...
Wells Fargo freed from asset cap punishment imposed after fake account scandal
The asset cap was Wells Fargo’s biggest penalty stemming from its 2016 fake accounts scandal. From 2002 to 2016, thousands of ...
Wells Fargo Stock Rises as Fed Finally Lifts Asset Cap
The Fed said in a statement that it had “determined that Wells Fargo has met all the conditions required by the 2018 ...
Fed lifts Wells Fargo's asset cap, citing progress from sales scandal
The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset ...