The bank — once the envy of the industry — could finally be allowed to grow again. Seven years into a US cap on assets, ...
The biggest shadow still hanging over Wells Fargo is the Fed’s order, issued Feb. 3, 2018, that prohibits the bank from increasing its total assets beyond the $1.93 trillion it had on Dec. 31 ...
UPDATE: This article includes new details from Wells Fargo's earnings call and an interview with an analyst. After a decade in regulatory limbo, Wells Fargo seems closer than ever to being released.