An apparent proposal for a regulatory change should benefit large banks. Wednesday's action on the stock market was fairly ...

After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance sheet, signaling a significant milestone in the bank’s recovery from past ...

The regulator’s board Tuesday lifted the $1.95 trillion asset cap the bank has operated under since 2018, but certain ...

The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake accounts scandal nearly a decade ago, a major victory for CEO Charlie Scharf.

The Fed said in a statement that it had “determined that Wells Fargo has met all the conditions required by the 2018 enforcement action for removal of the growth restriction.” ...

Wells Fargo confirmed that the Board of Governors of the Federal Reserve System has determined that Wells Fargo has met all ...

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

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

Wells Fargo ( WFC 0.79%) is out of the penalty box, more than seven years after regulators put limits on growth in response ...

The Federal Reserve said in Tuesday's three-paragraph statement it had "determined that Wells Fargo has met all the ...

Rising unemployment will likely be what pulls the trigger for the Federal Reserve to finally begin lowering interest rates again, economists say.