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With a Federal Reserve-imposed asset cap now off its shoulders, the Wall Street lender is ramping up its buying within the $1 ...
Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since April of 2022.
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Octaura Holdings (“Octaura”) today announced it has raised $46.5 million in an oversubscribed round of funding from both existing and new strategic ...
Wells Fargo Sets Sights on Expansion: What the End of Constraints Means for Its Business Strategy After years of restrictions, Wells Fargo plans strategic expansion following Fed's lifting of ...
Sen. Elizabeth Warren and CNBC anchor spar over Federal Reserve's decision to lift asset cap on Wells Fargo. Warren calls for release of Fed report.
Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to a fake-accounts scandal. It has been a lost decade for Wells Fargo ...
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.
Regulatory caps that limited growth have been lifted, freeing Wells Fargo to pursue new business. The caps cost the bank billions in profits during the years they were in place. Wells Fargo ...
Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.
Wells Fargo’s history of fines, fraud, and misconduct spans years, including a $3B settlement and its $2T cap being lifted in 2023.
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