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News

Wells Fargo asset cap lifted

The Des Moines Register on MSN · 3d
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
Bloomberg · 4d
Wells Fargo Asset Cap Lifted by Fed, Paving Way for Growth
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, unleashing the firm from the unprecedented punishment in a major win for Chief Executive Officer Charlie Scharf.
Seeking Alpha on MSN · 2d
Wells Fargo sets expansion aspirations after asset cap lifted - report
Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans to grow the bank after seven years of being constrained by a $1.95T asset cap,
2don MSN
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 ...
4don MSN
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 ...
3don MSN
Why Wells Fargo Shares Are Up Today
Wells Fargo ( WFC 0.79%) is out of the penalty box, more than seven years after regulators put limits on growth in response ...

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