News

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Wells Fargo's asset cap has been lifted after 7 years, removing a major growth restriction and opening new business ...
Wells Fargo revealed areas of the market it thinks will lead the S&P 500 through the volatility that it's expecting through ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and wealth management now that it has shed a major growth restriction imposed last decade by ...
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.
This case was updated in July of 2018. Wells Fargo was the darling of the banking industry, with some of the highest returns on equity in the sector and a soaring stock price. Top management touted ...
Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future ... added in a note this past week. The consumer business pulls in almost half of the bank's revenue.
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.