“Climate change has become a defining factor in companies’ long-term prospects,” Fink warned. “We are on the edge of a ...

The bank’s financial report revealed that Wells Fargo’s total allowance for credit losses (ACL) increased modestly by $16 ...

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales ...

termination of 13 orders since 2019, including 7 this year alone." He emphasized that the bank can now allocate more capital to grow deposits and loans, noting, "We now have the flexibility to ...

Seven years after the cap was enacted, Wells Fargo has a lot of catching up to do.

Wells Fargo was once among the largest buyers of highest-rated CLO bonds, alongside other banks including JPMorgan Chase & Co. and Bank of America Corp.

Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

Wells Fargo listed the four buildings and a parking garage for sale in early 2023 as it moved most of its downtown employees to its West Des Moines campus at 800 S Jordan Creek Parkway.

Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and ...

Wells Fargo Sets Sights on Expansion: What the End of Constraints Means for Its Business Strategy After years of restrictions, Wells Fargo plans strategic expansion following Fed's lifting of ...

After seven years under a restrictive asset cap imposed by the US Federal Reserve, Wells Fargo has finally received approval to resume expansion. The removal of the $1.95 trillion (£1.44 trillion ...