Wells Fargo’s Asset Cap Lifted by Fed

News June 03, 2025 at 04:40 PM
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What You Need To Know

  • The cap, an unprecedented punishment for years of scandals, has restricted the firm's size since 2018.
  • The Fed said that other elements of the 2018 enforcement action will remain in place for now.
  • The cap has weighed on the bank’s valuation since it was imposed.

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