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Wells Fargo’s Asset Cap Lifted by Fed
By
Yizhu Wang
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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