“Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with Federal Reserve lifting of $1.97 trillion asset cap.

“Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with Federal Reserve lifting of $1.97 trillion asset cap.

Okay, let’s talk about those headlines popping up everywhere, the ones about Chase Bank shutting down thousands of locations.

Okay, let’s talk about those headlines popping up everywhere, the ones about Chase Bank shutting down thousands of locations.

Wells Fargo also provides loans and lines of credit for businesses. ... The girl-teller at Glendale branch on the corner of Brand and Doran didn't want to give me my deposit back.

The Fed lifts Wells Fargo’s asset cap, allowing the San Francisco-based banking giant to expand loans, deposits, and regain its competitive edge in the market.

SAN FRANCISCO, June 03, 2025--Wells Fargo & Company (NYSE: WFC) today confirmed that the Board of Governors of the Federal Reserve System (the Federal Reserve) has determined that Wells Fargo has ...

“Wells Fargo has funding costs — combined deposits and borrowings — of 2.26% which compares with Bank of America at 2.80%, JPMorgan Chase at 2.62% and Citigroup at 3.79%,” Marinac said.

The conclusion that Wells Fargo has complied with the conditions set forth in the 2018 Consent Order led to the removal of the growth restriction effective May 30, 2025.

NEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday ...

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.