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 ...

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

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.

The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells ...

The Dutch coalition government collapsed after it failed to reach an agreement over far-right lawmaker Geert Wilders' Freedom Party's plan to curb migration. Wilders pulled his party out of the ruling ...

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with Federal Reserve lifting of $1.97 trillion asset cap.

Lalita Clozel covered banking and fintech policy for The Wall Street Journal in Washington D.C.

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 ...

The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset ...

The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...