I Thought Well Fargo (WFC) Was Going To Forever Jail

I thought Well Fargo (WFC) Was Going To Forever Jail

Key Points Wells Fargo (NYSE: WFC) has exited key regulatory restrictions imposed after its fake accounts scandal, restoring its ability to grow total assets and re-enter expansion mode. With capital caps lifted, the bank can now pursue growth strategies previously off-limits, making it more competitive among the major U.S. money center banks. Long avoided by institutional investors, Wells Fargo may now re-emerge as a top sector pick, especia…

Wells Fargo no longer has growth restrictions. Its CFO outlines what’s next

Just a week after the Fed removed Wells Fargo’s $1.95 trillion asset cap punishment over its fake sales scandal, the bank’s CFO detailed new growth plans.

Wells Fargo restriction penalties lifted

(CNN, KYMA/KECY) – Wells Fargo's ongoing growth restrictions penalty has finally been lifted by the Federal Reserve. The feds announced that the bank had been taking the required steps to show it made improvements back in 2018. The Federal Reserve issued restrictions that prevented Wells Fargo. From increasing assets beyond $2 trillion the asset camp was implemented in because of the 2016 fake account scandal and other allegations that the bank …

Wells Fargo, Risk Management and Reputational Recovery: Part 2 - Lessons Learned - Compliance Podcast Network

On June 3, 2025, the Federal Reserve lifted its unprecedented $2 trillion asset cap on Wells Fargo, marking the symbolic end to one of the most consequential compliance enforcement actions in modern U.S. banking history. For the compliance and risk management community, this moment is not a victory lap; it is a case study of how compliance failures cascade, reputational risk becomes operationally tangible, and regulatory patience has its limits.…