When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...

The asset cap required that Wells Fargo keep its total assets at or below $1.95 trillion, where it stood at the end of 2017, until the Fed was satisfied that the bank had met its requirements, ...

The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.

Wells Fargo & Company (NYSE:WFC) is one of the 22 stocks Jim Cramer recently talked about. Cramer was bullish on the company ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...

Wells Fargo & Co.'s board of directors is expected to raise the bank's quarterly dividend by 5 cents to 45 cents in the next ...

The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

Wells Fargo employees will receive a $2,000 bonus to commemorate the lifting of the asset cap. WASHINGTON — Wells Fargo has been released from a punitive, seven-year, $1.95 trillion cap on its ...

With a Federal Reserve-imposed asset cap now off its shoulders, the Wall Street lender is ramping up its buying within the $1 ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

The asset cap cost Wells Fargo 2.2% of aggregate bank deposits, said Siddharth Vij, assistant professor of finance at Terry College of Business at the University of Georgia.

Just a week after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal, the bank’s CFO detailed new growth plans. Over the past five years, risk and ...