The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

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

Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...

"The asset cap d definitely held Wells Fargo back," Marinac said. "But the company was forced to be creative in how it made money and that will serve them well in the future." Mar ...

The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.

The recent uptick follows the announcement from the U.S. Federal Reserve last week stating that Wells Fargo will no longer be ...

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...

Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans to grow the bank after seven years of being constrained by a $1.95T asset ...

The Federal Reserve lifted the $1.95 trillion asset cap on Wells Fargo, imposed in 2018 due to various scandals. This decision allows Wells Fargo, once the Des Moines metro's largest employer ...

There's been a wave of pushback against diversity, equity and inclusion efforts since President Donald Trump returned to the ...