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Wells Fargo (NYSE:WFC) is "very, very confident" that the Federal Reserve's asset cap on the bank will get lifted, CEO Charlie Scharf said on Wednesday at an investor conference, though he ...
Wells Fargo’s asset cap is still limiting the bank’s ability to maneuver during the current economic crisis, even after the Federal Reserve relaxed the restrictions in April to make more room ...
The asset cap prevents ... Because Wells Fargo couldn't grow its balance sheet in recent years, the bank has been able to be very choosy about the deposits it accepted, Wells Fargo CEO ...
Wells Fargo (NYSE:WFC) stock gained 2.5% in Tuesday premarket trading after a media report that the asset cap placed ...
As 2019 kicked off, Wells Fargo pushed the deadline to after year-end. Sloan unexpectedly stepped down as CEO in March 2019, and two weeks later the company stopped speculating about when the ...
NEW YORK, May 29 (Reuters) - Wells Fargo CEO (WFC.N), opens new tab Charlie Scharf said on Wednesday that the asset cap imposed on the bank by regulators is curtailing its ability to take in ...
Wells Fargo has submitted a third-party review to the Federal Reserve to lift a $1.95 trillion asset cap imposed after the 2016 fake accounts scandal. CEO Charlie Scharf has been addressing ...
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