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

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

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

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 ...

But the asset cap may turn out to be helpful next year. The scandal rocked the banking world, and Wells Fargo has never been the same, largely because it's been dealing with fines and litigation ...

In a more unprecedented move, the Federal Reserve imposed an asset cap on the bank in February 2018 that has essentially prevented Wells Fargo from growing its balance sheet ever since ...

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's ongoing regulatory issues, including a recent OCC enforcement action, delay the likelihood of the Federal Reserve lifting its $1.95 trillion asset cap. The bank's efforts to ...

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 ...