Optimism is growing on Wall Street that the Federal Reserve's asset cap on Wells Fargo could be lifted this year. Wells Fargo said Tuesday that another consent order with a key regulator has ended ...

Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered ...

Optimism is growing on Wall Street that the Federal Reserve's asset cap on Wells Fargo could be lifted this year. Wells Fargo said yesterday that another consent order with a key regulator has ended.

Wells Fargo's balance sheet quality remained solid with declining credit provisions, but commercial real estate exposure poses some risk. The delay in federal fund rate cuts supports a positive ...

Wells Fargo & Co. may be a step closer to resolving the federal regulatory challenges overshadowing the bank since its fraudulent customer account scandal erupted in September 2016. Wells Fargo ...

I expect Wells Fargo to continue focusing on improving their efficiency by utilizing technology and rationalizing the workforce. In 2018, the Federal Reserve imposed an asset cap on Wells Fargo as ...

(Reuters) -Wells Fargo said on Tuesday a U.S. regulator has ... adding the brokerage expects the Fed's asset cap to be lifted in the first half of 2025. The asset cap imposed in 2018 prevents ...

Wells Fargo has taken another step toward freedom from the slew ... the $1.9 trillion asset cap imposed by the Federal Reserve in 2018. The journey to getting past the growth limit has been relatively ...

The fourth-quarter earnings report from Wells Fargo & Co. was overshadowed by the disclosure of three more former senior executives being fined a combined $18.5 million by the bank’s federal ...

Wells Fargo's efforts to cut costs continued ... One dampener on its growth remains the asset cap that the Federal Reserve imposed in 2018, and though investors hope it gets lifted soon, executives ...

the Federal Reserve cut interest rates by 50 basis points to 4.25-4.5%. This, along with the rate cut in September, is likely to have offered some support to Wells Fargo’s net interest income ...

The Fed has pared back its forecast for interest ... Still, I don't think bank stocks like Wells Fargo and Jefferies are a bad play now. Wells Fargo is an advertising partner of Motley Fool ...