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Wells Fargo Asset Cap Lifted By Federal Reserve After Seven Years; Stock Rises In Buy Zone
The Federal Reserve said late Tuesday that Wells FargoWFC is no longer subject to asset growth restrictions imposed in 2018. Wells stock rose overnight, climbing within a buy zone and topping another ...
Wells Fargo asset cap lifted after 7 years, workers receive a surprise bonus
"The Federal Reserve's decision to lift the asset cap marks a pivotal milestone in our journey to transform Wells Fargo," CEO ...
Fed removes restrictions on Wells Fargo after fake-accounts scandal
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has ...
How Charlie Scharf Got Wells Fargo Out of the Penalty Box
Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the ...
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture ...