Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake accounts scandal, according to three sources ...
Wells Fargo initiated coverage of Thomson Reuters (TRI) with an Equal Weight rating and $165 price target The company is well positioned to benefit from the modernization of legal and accounting ...
Since the issues surfaced in 2016, the bank has faced billions in fines and numerous regulatory penalties, many of which remain unresolved. However, the bank has made progress, closing six consent ...
Sept 26 2024 Reuters - Wells Fargo has sent a third-party review of its risk and control overhauls to the Federal Reserve as it looks to remove an asset cap imposed by the regulator, Bloomberg ...