The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

By Saeed Azhar, Kanchana Chakravarty and Sukriti Gupta NEW YORK (Reuters) -U.S. stocks rose on Friday after a ...

Wells Fargo's asset cap is lifted after 7 years, unlocking growth potential. Explore the Series L preferred's yield benefits ...

Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a ...

Wells Fargo (WFC) aims to build up its corporate and investment bank and expand its branded credit-card business, among plans ...

In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...

Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...

NEW YORK (AP) — Wall Street’s big rally is easing off the accelerator on Wednesday following some potentially discouraging ...

Another drift higher for U.S. stocks is pushing Wall Street even closer to its record following its big recent rally.

Longer-term Treasury yields have also been rising in recent weeks because of reasons outside the Fed’s control. Investors ...

Over the last three years, Meta Platforms ( META 1.95%) and CrowdStrike ( CRWD 1.20%) have returned 255% and 185%, ...

The bank has emerged from its deserved reprimand much more disciplined. Regulators should use this tool again.