(Victor J. Blue/Bloomberg) Wells Fargo is scheduled to report first-quarter earnings on Friday, and investors will be keeping an eye out for any updates on the bank’s asset cap allowance and net ...
Wells Fargo (NYSE:WFC) stock gained 2.5% in Tuesday premarket trading after a media report that the asset cap placed on the ...
The bank’s OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells ...
Wells Fargo said on a call with the media Friday that it cannot provide an update on a potential lifting of its asset cap. Chief Financial Officer Michael Santomassimo said that while the bank ...
By Nupur Anand NEW YORK (Reuters) -Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 ...
Eliminating the asset cap will hand a major victory for CEO ... We can see why this prospect would bring a lot of buyers to Wells Fargo stock this year. I had argued in a previous buy article ...
The asset cap was placed on Wells Fargo (WFC) as punishment for the company ... for failures in preventing money laundering. (WFC) stock slipped 0.4% in Wednesday afternoon trading.
The Federal Reserve imposed the asset cap in 2018 and ordered Wells Fargo (NYSE:WFC ... declined to comment. The stock rose 3% in pre-market on the Reuters report, but pared some gains and ...
Ultimately, I think the asset cap should be removed by next year or early 2026. I've been wrong before, but the market thinks the Trump administration should do the trick. Wells Fargo's stock has ...
Bank of America analyst raises Wells Fargo's price target to $84, citing a high-teens ROTCE trajectory and efficiency gains. Removal of the 2018 asset cap could drive a stock re-rating ...