Exclusive-Wells Fargo asset cap likely to be lifted next year, sources say
The punishment could be removed as early as the first half of 2025, one of the sources said. The Federal Reserve imposed the ...
Wells Fargo asset cap likely to be removed next year - report
Wells Fargo stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in ...
Wells Fargo Stock: Why It Could Continue Its Bull Run Once The Asset Cap Is Lifted
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the ...
Don’t lift Wells Fargo asset cap, Warren tells Fed
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
Senator Warren urges Fed to keep Wells Fargo asset cap
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and ...
Sen. Warren calls for Fed to keep Wells Fargo asset cap in place
Senator Elizabeth Warren (D-MA) is calling on the Federal Reserve to preserve its $1.95T asset cap on Wells Fargo (NYSE:WFC) ...
Wells Fargo asset cap could be removed next year, Reuters reports
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing ...
Prediction: Trump's Victory Should Pave the Way for Wells Fargo to Shed Its Asset Cap, Which Has Cost the Bank Billions in Profits
Aside from the Great Recession and the bank failures of last year, few issues in the recent banking era have been more ...
Another bullish call for stocks in 2025. Wells Fargo raises S&P 500 target on strong economy, Trump’s policy changes.
Another Wall Street firm is increasing its S&P 500 target for next year, with a view that stocks are poised to extend their ...
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Don’t lift Wells Fargo asset cap, Warren tells Fed
Sen. Elizabeth Warren, D-MA, urged Federal Reserve officials, in a letter Tuesday, to reject a plea by Wells Fargo to lift an asset cap that has halted the bank’s growth since 2018. The bank ...
The Motley Fool12d
Prediction: Trump's Victory Should Pave the Way for Wells Fargo to Shed Its Asset Cap, Which Has Cost the Bank Billions in Profits
In 2018, the Federal Reserve imposed an asset cap on Wells Fargo after its phony-accounts scandal. The asset cap may have been one of the costliest punishments in history. The bank has made ...
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Sen. Warren to Fed Chair: Don't Lift Wells Fargo's Asset Cap
Senator Elizabeth Warren is urging the Fed to reject Wells' reported appeal to lift the $1.95 trillion asset cap imposed following the 2016 fake-account scandal, according to Reuters.