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Fed lifts Wells Fargo asset cap, clearing bank for growth

Barron's on MSN · 21h

Warren and Waters to the Fed: Reinstate Wells Fargo’s Asset Cap

The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the amount of assets the bank of assets can hold was warranted

Seeking Alpha · 23h

Wells Fargo Is Finally Out Of Asset-Cap Jail (Buy)

Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits and competitive insights.

The Des Moines Register on MSN · 2d

Fed lifts Wells Fargo asset cap, clearing bank for growth as it rebuilds from scandal

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 award

American Banker2d

Wells shed its asset cap — but it isn't clear why

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.

3d

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 ...

Bloomberg L.P.4d

Stock Movers: Wells Fargo, Broadcom, Dollar General

Wells Fargo (WFC) finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...

5d

Dive Deposits: For Wells Fargo and NatWest, it’s the summer of looking forward

Both banks would probably argue they’ve been future-focused for years. But with the U.K. divesting from NatWest, and Wells’ ...

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