Wells Fargo& Co. reported Tuesday another in a series of steady-as-you-go financial performances for the second quarter as the bank emerges from the Federal Reserve's final consent order. Diluted ...

When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

Wells Fargo’s growth has been limited since 2018 by an asset cap restriction imposed by the Federal Reserve as punishment for the bank’s sham accounts scandal and other misdeeds. Mr.

Wells Fargo & Co on Friday reported a 31% decline in third-quarter profit as the bank racked up costs related to a fake accounts scandal and boosted its loan loss reserves in preparation for a ...

JPMorgan’s chief, Jamie Dimon, lauded the “resilient” U.S. economy as his bank reported bumper quarterly earnings.

Wells Fargo's regulatory sanctions began after the fake accounts scandal was discovered in 2016. Since then, regulators identified additional problems with how the bank handled mortgages, auto ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech ...

Wells Fargo stock soared more than 2% in after-hours trading following the announcement. Shares had closed at $75.65, up from $59.34 a year ago. The bogus accounts scandal toppled two Wells Fargo ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.

It’s a win for Wells Fargo, which has spent nearly a decade trying to convince the public and policymakers that it had changed its ways. “We are a different and far stronger company today because of ...