WFC is nearing the removal of its $1.95 trillion asset cap, which was imposed in 2018 following its significant regulatory ...
The punishment could be removed as early as the first half of 2025, one of the sources said. The Federal Reserve imposed the ...
Wells Fargo stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in ...
Wells Fargo (NYSE:WFC) is nearing the final stages of meeting regulatory requirements to lift the $1.95 trillion asset cap ...
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and ...
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing ...
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the 2016 fake accounts scandal. CEO Charlie Scharf has been addressing ...
America’s fourth largest bank has been barred by US regulators from adding assets to its balance sheet since 2018.
WASHINGTON, Nov 20 (Reuters) - The Federal Reserve must not remove Wells Fargo's (WFC.N), opens new tab $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues ...