Wells Fargo’s new sign is an overblown addition to Charlotte that brands the skyline, making all of our eyes hurt worse. Last ...

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 ...

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

Wells Fargo chose Scharf as CEO in 2019 after a six-month search mired in controversy. His two predecessors, Tim Sloan and John Stumpf, were ousted in the wake of the sales practices scandal that ...

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. The news that the Fed ...

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 on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 punishment on the bank, leaving it with one more major hurdle to clear.

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.

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 can mark your account as “dormant” if there’s been no real activity for over 16 months. Wells Fargo is closing inactive accounts, and it may start affecting more customers in June.

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.

The Federal Reserve has lifted the asset cap on Wells Fargo, imposed in 2018 due to its toxic sales culture. Skip to content. NOWCAST KSBW Action News 8 Midday.