By Nupur Anand NEW YORK (Reuters) -Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 ...
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the ...
Wells Fargo (NYSE:WFC) stock gained 2.5% in Tuesday premarket trading after a media report that the asset cap placed on the ...
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and ...
Aside from the Great Recession and the bank failures of last year, few issues in the recent banking era have been more ...
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing ...
Since the issues surfaced in 2016, the bank has faced billions in fines and numerous regulatory penalties, many of which remain unresolved. However, the bank has made progress, closing six consent ...
Wells Fargo is wrapping up the process of regulatory requirements necessary for lifting a $1.95 trillion asset cap next year, ...
Elizabeth Warren, a top Democratic Senator, has requested the Federal Reserve not to remove the $1.95 trillion asset cap ...
Sen. Elizabeth Warren, D-MA, urged Federal Reserve officials, in a letter Tuesday, to reject a plea by Wells Fargo to lift an asset cap that has halted the bank’s growth since 2018. The bank ...
Senator Elizabeth Warren is urging the Fed to reject Wells' reported appeal to lift the $1.95 trillion asset cap imposed following the 2016 fake-account scandal, according to Reuters.