The punishment could be removed as early as the first half of 2025, one of the sources said. The Federal Reserve imposed the ...

Wells Fargo stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in ...

The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...

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 is wrapping up the process of regulatory requirements necessary for lifting a $1.95 trillion asset cap next year, ...

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 ...

Sen. Elizabeth Warren, D-MA, urged Federal Reserve officials, in a letter Tuesday, to reject a plea by Wells Fargo to lift an asset cap that has halted the bank’s growth since 2018. The bank ...

The S&P 500 and Nasdaq poised to gain despite tariff threats from President-elect Trump on key trading partners. Ford and GM ...

Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors ...

HC Wainwright restated their neutral rating on shares of RAPT Therapeutics (NASDAQ:RAPT – Free Report) in a report issued on ...

Raymond James Trust N.A. reduced its holdings in Brookfield Asset Management Ltd. (NYSE:BAM – Free Report) (TSE:BAM.A) by 2.7 ...

America’s fourth largest bank has been barred by US regulators from adding assets to its balance sheet since 2018.