Wells Fargo’s asset cap removed by U.S. Federal Reserve thanks to ‘substantial progress’ addressing shortcomings

theglobeandmail.com/business/article-wells-fargos-asset-cap-removed-by-us-federal-reserve-thanks-to

The U.S. Federal Reserve announced on Tuesday that Wells Fargo WFC-N will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its long-running sales practices scandal.
The Fed said in a statement that the bank had made…

This story appeared on theglobeandmail.com, 2025-06-03 20:27:36.
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