News

Wells Fargo’s Asset Cap Has Been a Good Punishment
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.
Wells Fargo just got a green light from the Fed to grow. Here’s what it means for its business and its stock.
Wells Fargo & Co. on Tuesday cleared a major obstacle to its growth plans, opening the way for the bank to grow after years ...
Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
Investor's Business Daily on MSN1h
Wells Fargo Asset Cap Lifted By Federal Reserve After Seven Years; Stock Rises In Buy Zone
The Federal Reserve said late Tuesday that Wells FargoWFC is no longer subject to asset growth restrictions imposed in 2018. Wells stock rose overnight, climbing within a buy zone and topping another ...
Letting Wells Fargo off the Leash Will Rattle Regional Banks
The giant lender can once again compete aggressively on all fronts to make up for lost ground in deposits.
EconoTimes10h
Wells Fargo Stock Rises as Fed Lifts Asset Growth Cap
Wells Fargo shares surged 3% after the Federal Reserve lifted its asset growth restriction, a key penalty from a 2018 ...