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Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...
Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...
"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made ...
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
WASHINGTON (Reuters) - The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
Wells Fargo's (WFC) preferred shares offer a decent yield with strong dividend coverage. Read why these preferreds are a top ...
The bank can now grow after seven years of purgatory. And that comes as its chief local competitor just landed in a similar ...
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...