The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...

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

The Federal Reserve said Tuesday it has ended its final consent order over Wells Fargo& Co., allowing the bank to grow beyond the $1.95 trillion asset cap that has restricted the bank since February ...

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.

Texas Partners Bank, doing business as the Bank of San Antonio, didn’t know Chris Pettit was carrying out a scheme to defraud ...

Federal regulators announced this week that they’re lifting a severe punishment on Wells Fargo related to its fake accounts ...

Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

Now, Wells Fargo is free to pursue growth, which post-scandal CEO Charlie Scharf has been plotting for years: Taking Stock: Apart from the muted performance on Wednesday, Wells Fargo shares have ...

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...