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 stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in ...
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the ...
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and ...
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 (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 ...
Another Wall Street firm is increasing its S&P 500 target for next year, with a view that stocks are poised to extend their ...
Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors ...
The S&P 500 and Nasdaq poised to gain despite tariff threats from President-elect Trump on key trading partners. Ford and GM ...
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 ...
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.