Regulatory caps that limited growth have been lifted, freeing Wells Fargo to pursue new business. Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put ...

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank’s growth had its roots in 2016. That’s the year that the bank ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts.

Wells Fargo is out of the penalty box, more than seven years after regulators put limits on growth in response to a fake-accounts scandal.. Investors are relieved, sending Wells Fargo shares up 3% ...

Freedom to grow. It has been a lost decade for Wells Fargo. Nearly 10 years ago, the commercial banking powerhouse disclosed it had opened millions of unauthorized customer accounts to pad growth ...

Wells Fargo & Co. shares are rising in Tuesday's after-hours session after the company announced it's no longer subject to asset growth restrictions imposed in 2018.

Wells Fargo used to have a corporate culture where it placed unreasonable sales goals on its branch employees, which resulted in employees opening up millions of fake accounts in order to meet ...

Wells Fargo said on Thursday it has signed a deal to sell its rail equipment leasing business to a newly formed joint venture between railcar lessor GATX Corporation and Brookfield Infrastructure .

The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade.

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, unleashing the firm from the unprecedented punishment in a major win for Chief ...

The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade.