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Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
Fed lifts Wells Fargo asset cap, clearing bank for growth as it rebuilds from scandal
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
Fed removes restrictions on Wells Fargo after fake-accounts scandal
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has ...
Wells Fargo's Long Road to Lifting $1.95 Trillion Asset Cap
(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 ...
How Charlie Scharf Got Wells Fargo Out of the Penalty Box
Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the ...
Fed loosens the shackles on Wells Fargo nearly a decade after fake accounts scandal
The Federal Reserve is loosening a major restriction on the growth of Wells Fargo that was put in place following a fake ...
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Wells Fargo sheds asset cap, ending seven years of handcuffs
The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells ...
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture. It’s ...
Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
Wells Fargo asset cap lifted, allowing bank to grow
The U.S. Federal Reserve announced late on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion ...
Wells Fargo asset cap axed by Fed after ‘substantial progress’ from fake accounts scandal
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank had directly ordered a bank to stop growing in order to address ...
Wells Fargo Trims ConAgra (CAG) Price Target, Maintains Equal Weight Rating
Wells Fargo reduced its price target on ConAgra Brands, Inc. (NYSE:CAG) to $23 from $27, maintaining an Equal Weight rating ...