The June 3 lifting of Wells Fargo's asset cap imposed by the Federal Reserve in 2018 was among the key catalysts Bloomberg ...

Wells Fargo’s profitability has been rising, with its adjusted preprovision net revenue increasing to nearly $30 billion in 2024 from $23.5 billion in 2022. The company’s return on tangible common ...

The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

On April 7, the FDIC and the Maryland Office of Financial Regulation terminated two consent orders against a regional bank ...

A former attorney for Wells Fargo was successful in his bid to move the bank’s allegations that he shared confidential information with another firm to arbitration, a federal judge ruled.

Every year since 2016, Jeremy Kress began his banking law class at the University of Michigan’ s Ross School of Business by putting up a picture of John Stumpf and asking students if they knew who he ...

Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...

The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...

The Federal Reserve determined that Wells Fargo has met all the conditions required by the 2018 enforcement action for removal of the growth restriction, the Board of Governors of the Federal Reserve ...