Wells Fargo asset cap likely to be removed next year

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
Wells Fargo & Company WFC is close to the final stages of meeting its regulatory requirements to remove the $1.95 trillion asset cap, which was imposed in 2018 following its fake accounts scandal. This was reported by Reuters on Tuesday,
Wells Fargo asset cap likely to be removed next year - report
Wells Fargo (NYSE:WFC) stock gained 2.5% in Tuesday premarket trading after a media report that the asset cap placed on the bank almost seven years ago is likely to be lifted in 2025. The company is in the last stages of a process to pass regulatory tests to remove a $1.
Senator Warren urges Fed to keep Wells Fargo asset cap
The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S. central bank on Wednesday.
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 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.
Fintel on MSN21h
Wells Fargo Initiates Coverage of Thomson Reuters (TRI) with Equal-Weight Recommendation
Fintel reports that on November 26, 2024, Wells Fargo initiated coverage of Thomson Reuters (NYSE:TRI) with a Equal-Weight ...
Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
The new policy, which is meant to pressure the U.S.'s neighboring countries into cracking down on trafficking and migration ...
Wall Street stocks end higher on tech; markets analyze Trump's tariff threats, Fed minutes
Wall Street stocks, led by S&P 500 and the Nasdaq, ended higher on Tuesday, as technology stocks rebounded, while investors ...
Business Insider1d
Thomson Reuters initiated with an Equal Weight at Wells Fargo
Wells Fargo initiated coverage of Thomson Reuters (TRI) with an Equal Weight rating and $165 price target The company is well positioned to benefit from the modernization of legal and accounting ...