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Sen. Warren urges Fed to reconsider removing Wells Fargo asset cap
Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed on major bank Wells Fargo (WFC). The US central bank released Wells Fargo from its cap that held its total assets at $1.
Colin Langan, Wells Fargo automotive and mobility analyst, joins 'Power Lunch' to discuss if customers will come back to ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...
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Gracelin Baskaran, Center for Strategic and International Studies director of the critical minerals security program, and ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
Charlie Scharf, who took over as chief executive in 2019 after multiple scandals felled his two predecessors, has spent his ...
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.
Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
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