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The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...
Wells Fargo’s profitability has been rising, with its adjusted preprovision net revenue increasing to nearly $30 billion in 2024 from $23.5 billion in 2022. The company’s return on tangible common ...
Since the pandemic began, the stock market has proven to be erratic, plunging at times only to quickly recover and launch ...
Every year since 2016, Jeremy Kress began his banking law class at the University of Michigan’ s Ross School of Business by putting up a picture of John Stumpf and asking students if they knew who he ...