The Federal Reserve action comes 9 months after lifting the harshest punishment, the $2 trillion asset cap that kept the bank from growing.

The Federal Reserve terminated the final public consent order against Wells Fargo related to the bank's fake-account scandal ...

We do not expect meaningful cost savings to drop directly to the bottom long,” Raymong James analyst David Long told clients.

(Reuters) - There is probably no broader problem in the U.S. banking industry over abusive sales practices, despite the penalties imosed on Wells Fargo & Co's recently, the head of a federal consumer ...

Add Yahoo as a preferred source to see more of our stories on Google. A sign is posted in front of a Wells Fargo bank office on April 11, 2025 in San Rafael, California. (Justin Sullivan / Staff via ...

I think the city and the state should always ask, ‘What do they have to do to make this an attractive place for the company to be?’ Wells Fargo CEO Charlie Scharf told the Business Times in discussing ...

WASHINGTON (Reuters) -Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the ...

Wells Fargo says the economy is getting better — it sees signs of recovery in its loan business. But the big bank may be more of an exception than a leading indicator. Breaking from the cautious, even ...

Wells Fargo has agreed to pay $85 million to settle a lawsuit alleging it engaged in “sham” diversity hiring practices, according to court documents filed Oct. 15. According to the 2022 lawsuit, SEB ...