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The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Wells Fargo CFO Mike Santomassimo reacts to the bank being released from a Federal Reserve asset cap that has restricted its ...
The June 3 lifting of Wells Fargo's asset cap imposed by the Federal Reserve in 2018 was among the key catalysts Bloomberg ...
Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the ...
The giant lender can once again compete aggressively on all fronts to make up for lost ground in deposits.