News

Taking Stock: Apart from the muted performance on Wednesday, Wells Fargo shares have climbed 7.3% in 2025, outperforming the 4.3% gain by the S&P 500 Banks Index.
In 2018, Wells Fargo had more than 10% of the market share for U.S. deposits, according to RBC analyst Gerard Cassidy. Now it has closer to 7%.
Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.
For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank’s growth had its roots in 2016. That’s the year that the bank ...
Is Wells Fargo stock a buy? By some estimates, Wells Fargo missed out on upward of $39 billion in profits during the years the caps were in place. There's no way to make up for lost time, but the ...
The Fed lifts Wells Fargo’s asset cap, allowing the San Francisco-based banking giant to expand loans, deposits, and regain its competitive edge in the market.
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts. The news that the Fed ...
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has sought to move past a series of scandals in the last decade.
By some estimates, Wells Fargo missed out on upward of $39 billion in profits during the years the caps were in place. There's no way to make up for lost time, but the stat provides some context ...