The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...

"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

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

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.

Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...

The largest of those remaining speed bumps is Wells Fargo's 2018 asset cap, a Federal Reserve Board restriction that limits the bank to $1.95 trillion of assets. Amid Wells' substantial regulatory ...

Wells Fargo, in particular, could stand to benefit if regulators ease the $1.95 trillion asset cap that was imposed upon the bank in 2018 following its fake account scandal. The cap had made the ...

Once Wells Fargo gets out from under the asset cap, it can enhance its lending capacity, accept new deposits, and potentially benefit from acquisitions and small bank failures. Wells Fargo trades ...

Wells Fargo’s stock (NYSE: WFC) has gained close to 51% year-to-date, as compared to the 28% rise in the S&P 500 index over the same period. In comparison, Wells Fargo’s peer, Bank of America ...