asset cap

Wells Fargo Says Lift Asset Cap To Helps SMBs

Wells Fargo Says Lift Asset Cap To Helps SMBs
Wells Fargo Says Lift Asset Cap To Helps SMBs
April 06, 2020  |  Loans

Wells Fargo said it wants to help more with the federal government’s programs to disburse $350 billion in loans via the Paycheck Protection Program (PPP). But...

READ MORE >
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

READ MORE >
Federal Reserve Rejects Wells Fargo’s Reform Plan
Federal Reserve Rejects Wells Fargo’s Reform Plan
December 07, 2018  |  Bank Regulation

The Federal Reserve sent Wells Fargo & Co. back to the drawing table with its plan to prevent consumer abuses in the future obligation of...

READ MORE >
Wells Fargo CEO Downplays Regulation Woes To Investors
Wells Fargo CEO Downplays Regulation Woes To Investors
February 14, 2018  |  Regulation

Wells Fargo & Co.’s Chief Executive Tim Sloan said at an investor conference Tuesday (Feb. 13) that the asset cap imposed on it by the...

READ MORE >