By Nupur Anand NEW YORK (Reuters) -Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 ...
Wells Fargo stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in ...
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
WFC is nearing the removal of its $1.95 trillion asset cap, which was imposed in 2018 following its significant regulatory ...
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the ...
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 is wrapping up the process of regulatory requirements necessary for lifting a $1.95 trillion asset cap next year, ...
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and ...
Aside from the Great Recession and the bank failures of last year, few issues in the recent banking era have been more ...
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 ...
Another Wall Street firm is increasing its S&P 500 target for next year, with a view that stocks are poised to extend their ...
Sen. Elizabeth Warren, D-MA, urged Federal Reserve officials, in a letter Tuesday, to reject a plea by Wells Fargo to lift an asset cap that has halted the bank’s growth since 2018. The bank ...