Chief Financial Officer Mike Santomassimo discussed Tuesday what opportunities the asset cap removal opens up for the bank ...

Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the ...

Charlotte Observer reporter Kitty Muccigrosso talks about how the Federal Reserve lifted Wells Fargo’s nearly $2 trillion ...

The $1.95 trillion asset cap had forced the bank to scale back ... Now, with the restriction lifted, Wells Fargo has an opportunity to grow its balance sheet and earnings by taking on more ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

The Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo. The restriction was imposed in 2018 due to a ...

Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our ...

Wells Fargo & Co. today confirmed that its asset cap has been lifted by the Federal Reserve. The asset cap had been put into place under its 2018 consent order to address the bank’s poor governance ...