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Wells Fargo, Fed

Wells Fargo No Longer Faces Federal Reserve's 2018 Asset Cap

KEY TAKEAWAYS The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts. The news that the Fed had removed the approximately $1.

Yahoo Finance · 1d

Wells Fargo Stock Rises as Fed Removes $1.95T Asset Cap After 7 Years

WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.

Invezz · 1d

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 in its growth prospects.

1don MSN

Fed lifts curbs on Wells Fargo: All about the accounts scandal that invited $1.95-trillion asset cap penalty on US bank

The US Federal Reserve lifted asset growth restrictions on Wells Fargo, imposed after a fake accounts scandal in 2018. CEO ...

2don MSN

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 ...

U.S. News & World Report3mon

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