The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

Wells Fargo is seeing "green shoots" in its businesses tied to Wall Street after adding talent, the bank's Chief Financial ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...

Tesla stock is falling Tuesday as one of the street’s biggest bears is raising alarms over Tesla’s core auto business, and resulting free cash flow.

Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...

For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 ...

Scharf, 60, took the helm at Wells Fargo in 2019, vowing to repair its deeply entrenched problems from a fake-accounts ...

Top management touted the company’s lead in “cross-selling”: the sale of additional products to existing customers. “Eight is great,” as in eight Wells Fargo products for every customer, was CEO John ...