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Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of ...
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...
Jay Bryson, Wells Fargo chief economist, joins 'Squawk Box' to discuss the state of the economy, the Fed's rate path outlook, ...
But that came to an end on June 3, 2025, when the Fed said Wells Fargo was no longer subject to the asset-growth restriction ...
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