Wells Fargo Nears End of $1.95T Asset Cap

Exclusive-Wells Fargo asset cap likely to be lifted next year, sources say
By Nupur Anand NEW YORK (Reuters) -Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake accounts scandal,
Wells Fargo asset cap likely to be removed next year - report
Wells Fargo stock gained 2.4% in premarket trading on news that the asset cap could be lifted in 2025, following a scandal in 2016.
Don’t lift Wells Fargo asset cap, Warren tells Fed
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells hasn’t changed sufficiently, the senator wrote in a letter to central bank officials.
Wells Fargo asset cap could be removed next year, Reuters reports
Wells Fargo (WFC) is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing
Wells Fargo Nears End of $1.95T Asset Cap Amid Regulatory Progress
Wells Fargo & Company WFC is close to the final stages of meeting its regulatory requirements to remove the $1.95 trillion asset cap, which was imposed in 2018 following its fake accounts scandal. This was reported by Reuters on Tuesday,
Wells Fargo shares gain as asset cap likely to be lifted in 2025, report says
Wells Fargo (NYSE:WFC) is nearing the final stages of meeting regulatory requirements to lift the $1.95 trillion asset cap imposed after its fake accounts scandal, Reuters reported Tuesday, citing three sources with knowledge
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