US Federal Reserve lifts Wells Fargo’s asset cap

finance.yahoo.com/news/us-federal-lifts-wells-fargo-135327099.html

In This Article:
The US Federal Reserve has lifted a $1.95tn cap on Wells Fargo’s total assets, ending a restriction imposed in 2018 after a series of scandals exposed at the bank.
The cap was introduced following revelations that Wells Fargo employees had opened unauthorised accounts to…

This story appeared on finance.yahoo.com, 2025-06-04 13:53:27.
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