After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance sheet, signaling a significant milestone in the bank’s recovery from past ...

The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake accounts scandal nearly a decade ago, a major victory for CEO Charlie Scharf.

The Fed said in a statement that it had “determined that Wells Fargo has met all the conditions required by the 2018 enforcement action for removal of the growth restriction.” ...

Wells Fargo ( WFC 0.79%) is out of the penalty box, more than seven years after regulators put limits on growth in response ...

The Federal Reserve said in Tuesday's three-paragraph statement it had "determined that Wells Fargo has met all the ...

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

The Federal Reserve lifted Wells Fargo's (WFC) $1.95 trillion asset cap ... So there's been some really significant changes in their strategy and we'll have to see. They could change again.

Wells Fargo's net interest income is set to come under pressure next year due to a changing inflation/rate trajectory. Slowing inflation indicates that the Fed will change its tightening policy in ...

The two orders were imposed in 2011 due to deficiencies in the bank's legacy mortgage servicing business and Wells Fargo Financial unit. Wells Fargo changes course on rate cuts Former Wells execs ...

Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday ... practices that we have been working systematically to change and provide customer remediation where warranted,” Wells ...

The Federal Reserve is loosening a major restriction on Wells Fargo (WFC) that was put in place ... supported by the processes and cultural changes we have made.” In more recent months, Scharf ...