Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...

Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...

Fed lifts Wells Fargo’s $1.95 trillion asset cap after six years, marking a turnaround for the bank and boosting confidence ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

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

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

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

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

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

Wells Fargo's asset cap removal is set to boost competition in Philadelphia's banking sector, creating growth opportunities and potential market share shifts. OceanFirst adds 36 commercial bankers ...