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News

Wells Fargo, Fed

Seeking Alpha · 1d
Wells Fargo Is Finally Out Of Asset-Cap Jail (Buy)
Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits and competitive insights.
HousingWire · 18h
Wells Fargo’s asset cap has been lifted. Will it become a mortgage giant again?
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank accounts.
Barron's on MSN · 1d
Warren and Waters to the Fed: Reinstate Wells Fargo’s Asset Cap
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the amount of assets the bank of assets can hold was warranted
American Banker
2d
Wells shed its asset cap — but it isn't clear why
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
Bloomberg L.P.4d
Stock Movers: Wells Fargo, Broadcom, Dollar General
Wells Fargo (WFC) finally escaped a Federal Reserve asset cap that has restricted its size for more than seven years, ...
5d
Dive Deposits: For Wells Fargo and NatWest, it’s the summer of looking forward
Both banks would probably argue they’ve been future-focused for years. But with the U.K. divesting from NatWest, and Wells’ ...

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