Exclusive-Wells Fargo asset cap likely to be lifted next year, sources say

By Yahoo! Finance   |   1 year ago
Exclusive-Wells Fargo asset cap likely to be lifted next year, sources say

Wells Fargo is close to passing regulatory tests to lift a $1.95 trillion asset cap after addressing issues from its fake accounts scandal. The Federal Reserve could remove the punishment in the first half of 2025, pending board approval.

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