Wells Fargo (WFC) stock rose 3% in extended trading on Tuesday after the Federal Reserve lifted an asset cap imposed on the ...

Since taking over in 2019, Scharf’s goal has been to convince the Federal Reserve that Wells Fargo had fixed its toxic ...

Wells Fargo shares surged 3% after the Federal Reserve lifted its asset growth restriction, a key penalty from a 2018 ...

"The Federal Reserve's decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo," CEO ...

Wells Fargo just got a green light from the Fed to grow. Here's what it means for its business and its stock. Wells Fargo & Co. on Tuesday cleared a major obstacle to its growth plans, opening the way ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has ...

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...

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For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...