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Fed lifts Wells Fargo asset cap, clearing bank for growth

Reuters on MSN · 17h

Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue unimpeded growth.

The Des Moines Register on MSN · 15h

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

U.S. News Money · 1d

Wells Fargo's Long Road to Lifting $1.95 Trillion Asset Cap

(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its long-running sales practices scandal.

1don MSN

Instant view: Wells Fargo asset cap lifted, allowing bank to grow

The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...

6don MSN

Wells Fargo to sell assets of rail equipment leasing unit

Wells Fargo (NYSE:WFC) announced on Thursday a definitive agreement to sell the assets of its rail equipment leasing business ...

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