NEW YORK, June 3 (Reuters) - The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95-trillion asset cap that the regulator imposed on the ...

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue ...

June 3 (Reuters) - The U.S. Federal Reserve announced on Tuesday that Wells Fargo , opens new tab will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank ...

Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 punishment on the bank, leaving it with one more major hurdle to clear.

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional ...

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional.

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion.

NEW YORK, June 4 (Reuters Breakingviews) - Wells Fargo (WFC.N), opens new tab wore a cap about as stylishly as it could have hoped. The Federal Reserve imposed a $2 trillion limit on the assets ...

Christopher Wolfe, managing director for North American Banks at Fitch Ratings in New York, said Wells Fargo would no longer be encumbered by the $1.95 trillion asset cap.

S&P Global upgraded its outlook on Wells Fargo to "positive" from "stable", the ratings provider said on Friday, after the U.S. bank was released from a $1.95 trillion asset cap earlier this week.

Major U.S. banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in ...

Wells Fargo shareholders on Tuesday approved executive pay packages and ... 2017. REUTERS/Stephanie Keith Purchase Licensing Rights ... The bank also operates under an asset cap of $1.95 ...