Wells Fargo shares gain

Exclusive-Wells Fargo asset cap likely to be lifted next year, sources say
By Nupur Anand NEW YORK (Reuters) -Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake accounts scandal,
Wells Fargo Nears End of $1.95T Asset Cap Amid Regulatory Progress
WFC is nearing the removal of its $1.95 trillion asset cap, which was imposed in 2018 following its significant regulatory progress.
Wells Fargo shares gain as asset cap likely to be lifted in 2025, report says
Wells Fargo (NYSE:WFC) is nearing the final stages of meeting regulatory requirements to lift the $1.95 trillion asset cap imposed after its fake accounts scandal, Reuters reported Tuesday, citing three sources with knowledge of the matter.
Don’t lift Wells Fargo asset cap, Warren tells Fed
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells hasn’t changed sufficiently, the senator wrote in a letter to central bank officials.
Fed Could Lift Wells' Asset Cap Next Year: Reports
Wells Fargo is wrapping up the process of regulatory requirements necessary for lifting a $1.95 trillion asset cap next year, according to news reports.
Wells Fargo asset cap could be removed next year, Reuters reports
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing
Wells Fargo asset cap could be lifted by next year; HSBC loses appeal against €32mn Euribor-rigging fine
Since the issues surfaced in 2016, the bank has faced billions in fines and numerous regulatory penalties, many of which remain unresolved. However, the bank has made progress, closing six consent orders since chief executive Charlie Scharf’s appointment in 2019, although eight remain active.
Wells Fargo asset cap likely to be removed next year - report
Wells Fargo stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in 2016.
Texas woman accuses Wells Fargo affiliate exec in San Antonio of sexually assaulting her in Austin
Wells Fargo knew or should have known of the executives' "propensity for excessive drinking and likelihood of sexual assault, ...
Prediction: Trump's Victory Should Pave the Way for Wells Fargo to Shed Its Asset Cap, Which Has Cost the Bank Billions in Profits
Aside from the Great Recession and the bank failures of last year, few issues in the recent banking era have been more ...
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Wells Fargo Stock: Why It Could Continue Its Bull Run Once The Asset Cap Is Lifted
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 ...