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Exclusive: Sen. Warren urges Fed to reconsider removing Wells Fargo asset cap
Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed ...
S&P Global 'Positive' on Wells Fargo as Regulatory Burden Lifts
The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
Wells Fargo shares hit three-month high as Fed ends growth freeze
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...
Feds lift Wells Fargo $2T asset cap penalty imposed after fake account scandal
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
Fed lifts Wells Fargo restrictions placed after fake-accounts scandal
Since taking over in 2019, Scharf’s goal has been to convince the Federal Reserve that Wells Fargo had fixed its toxic ...
Orlando Sentinel4d
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
NEW YORK (AP) — The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.
Don't see the labor market falling apart at this point, says Wells Fargo's Jay Bryson
Jay Bryson, Wells Fargo chief economist, joins 'Squawk Box' to discuss the state of the economy, the Fed's rate path outlook, ...