Fed Lifts Wells Fargo Asset Cap, Paving Way For Unfettered Growth

HEAVILY 20% 80%   Tuesday, June 3, 2025, 5:22 pm

The Federal Reserve has officially lifted the $1.95 trillion asset cap on Wells Fargo—a penalty imposed over past fake accounts scandals. This regulatory shift, lauded as “substantial progress,” is expected to free up the bank’s growth potential while investors now mull over whether the relief is as sweet as it sounds.

nypost.com / Wells Fargo asset cap axed by Fed after ‘substantial progress’ from fake accounts scandal

cnbc.com / Wells Fargo escapes Fed's asset cap after seven years, able to pursue growth

cnbc.com / Wells Fargo's asset cap is finally gone. It's the news investors have been waiting for

axios.com / Federal Reserve lifts cap on Wells Fargo after fake account scandal fixes

bloomberg.com / Wells Fargo’s Asset Cap Lifted by Fed, Paving Way for Growth (WFC) - Bloomberg.com


permalink / 5 stories from sources in 2 days ago #market #treasury #federal-courts #economy




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