The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...

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

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

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

In a historic moment for the U.S. financial industry, the Federal Reserve said on Tuesday that it lifted the unprecedented ...

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

Wells Fargo chose Scharf as CEO in 2019 after a six-month search mired in controversy. His two predecessors, Tim Sloan and ...

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 ...