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Wells Fargo & Co.'s board of directors is expected to raise the bank's quarterly dividend by 5 cents to 45 cents in the next ...
The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...
The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.
Wells Fargo employees will receive a $2,000 bonus to commemorate the lifting of the asset cap. WASHINGTON — Wells Fargo has been released from a punitive, seven-year, $1.95 trillion cap on its ...
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 was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Wells Fargo & Co. finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, unleashing the firm from the unprecedented punishment in a major win for Chief ...
Wells Fargo will no longer have to operate under a $1.95 trillion asset cap that the Federal Reserve imposed on the bank in 2018 following its long-running sales practices scandal. REUTERS ...
The layoffs come just weeks after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its 2016 fake sales ...
San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The ...
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