News

The bank can now grow after seven years of purgatory. And that comes as its chief local competitor just landed in a similar ...
Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...
Wells Fargo Investment Institute (WFII) today released its "Midyear Outlook report: Opportunities amid uneven terrain." The ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since April of 2022.
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...
Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...