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

(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 ...

(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its ...

The bank exited the $1.95-trillion asset cap last year, but it had remained subject to the rest of the eight-year-old order.

Wells Fargo reported website problems Thursday, attributing them to a cyberattack that created a " traffic jam." Wells, on Facebook, told customers to keep trying to log on to its website "as the ...

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 ...