Wells Fargo’s asset cap removal, strong earnings, and $40B buyback plan position it for growth and higher returns despite ...

When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...

Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by ...

A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago.

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

Wells Fargo & Co. just did something it hasn’t been able to do for more than seven years: Cross the $1.95 trillion asset mark ...

Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping ...

The asset cap cost Wells Fargo 2.2% of aggregate bank deposits, said Siddharth Vij, assistant professor of finance at Terry College of Business at the University of Georgia.

When it came to light in 2016 that employees at Wells Fargo (NYSE: WFC) ... Will Wells Fargo's Asset Cap Be Removed in 2022? December 30, 2021 — 08:08 am EST.

Investing.com -- Wells Fargo (NYSE:WFC) is nearing the final stages of meeting regulatory requirements to lift the $1.95 trillion asset cap imposed after its fake accounts scandal, Reuters ...

By one method of estimating, Wells Fargo has missed out on roughly $4 billion in profits -- and counting -- since the cap was imposed, and it’s unclear when the Fed will lift it.