termination of 13 orders since 2019, including 7 this year alone." He emphasized that the bank can now allocate more capital to grow deposits and loans, noting, "We now have the flexibility to ...

Fed stress test success, dividend hike, and growth momentum. Read why I believe WFC is a dividend income champ with further ...

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

With its asset cap lifted, Wells Fargo bank CFO Mike Santomassimo outlines key plans for growth in wealth management, consumer banking, and investments.

Wells Fargo listed the four buildings and a parking garage for sale in early 2023 as it moved most of its downtown employees to its West Des Moines campus at 800 S Jordan Creek Parkway.

Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and ...

Wells Fargo Sets Sights on Expansion: What the End of Constraints Means for Its Business Strategy After years of restrictions, Wells Fargo plans strategic expansion following Fed's lifting of ...

After seven years under a restrictive asset cap imposed by the US Federal Reserve, Wells Fargo has finally received approval to resume expansion. The removal of the $1.95 trillion (£1.44 trillion ...

Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s Sar… ...

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.It's a win for Wells ...

San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The ...