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Sen. Warren urges Fed to reconsider removing Wells Fargo asset cap
Senator Elizabeth Warren (D-Ma.) is calling on the Federal Reserve to reverse its decision and reinstall its asset cap placed on major bank Wells Fargo (WFC). The US central bank released Wells Fargo from its cap that held its total assets at $1.
Wells Fargo preferred stock offers a safe 6.6% yield, supported by strong earnings, low payout ratio, and resilient dividend ...
Wells Fargo's asset cap has been lifted—but who paid the real price for the bank's scandal? Explore the employee backlash, ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong ...
Colin Langan, Wells Fargo automotive and mobility analyst, joins 'Power Lunch' to discuss if customers will come back to ...
Charlie Scharf, who took over as chief executive in 2019 after multiple scandals felled his two predecessors, has spent his ...
Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
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