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Wells Fargo let out of the doghouse as Fed lifts restrictions placed on it in 2018 over its fake-accounts scandal
fortune.com/2025/06/04/wells-fargo-doghouse-fed-lifts-restrictions-placed-2018-accounts-scandal
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.
It’s a win for Wells Fargo, which has spent nearly a decade trying to convince the public and policymakers that it…
This story appeared on fortune.com, 2025-06-04 08:23:36.