The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...

Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...

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

A brief background to understand why the fourth-largest bank in the country hadn’t been allowed to grow since 2018.

The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade. The ...

NEW YORK (AP) — The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts. The news that the Fed ...

On June 4, the Federal Reserve lifted the long-standing asset cap on Wells Fargo & Company (NYSE:WFC), signaling a ...

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

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