News

S&P Global 'Positive' on Wells Fargo as Regulatory Burden Lifts
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Champagne Toasts, Big Ambitions: Wells Fargo CEO Embraces Newfound Freedom
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...
Wells Fargo, The Fed, DOJ v. Google, TikTok Ban: Votes and Verdicts
The June 3 lifting of Wells Fargo's asset cap imposed by the Federal Reserve in 2018 was among the key catalysts Bloomberg ...
Wells Fargo shares rise as asset cap removal sparks deposit and trading boost
Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...
Wells Fargo CEO goes from fixer to builder as regulators lift punishments
Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...
Wells Fargo Stock Is Rising After Hours: What's Going On?
Wells Fargo & Co. shares are rising in Tuesday's after-hours session after the company announced it's no longer subject to ...
Wells Fargo eyes growth to take on Wall Street
Charlie Scharf can finally play offence. After more than a half-decade cleaning up Wells Fargo & Co's scandals, the chief ...
Wells Fargo scandals and sanctions entanglements began in 2016. Here’s the list
For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...
Wells Fargo Shares Hit Three-Month High as Fed Ends Growth Freeze
(Reuters) - Wells Fargo shares rose more than 3% in premarket trading on Wednesday, after the U.S. Federal Reserve lifted a ...
Chase, Bank of America and Wells Fargo enter a new era with the digital dollar
The financial system in the United States is undergoing a major transformation, and three of the country’s biggest ...