Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading

Regulators expected to remove lid on Wells Fargo’s growth soon

A $1.95 trillion asset cap that’s limited the bank’s growth could be lifted in Q2 with CFPB and other regulators having closed 12 of 14 consent orders aimed at remedying past business practices. Continue reading

Wells Fargo is about to emerge from the regulatory woods

Once the nation’s largest home lender, Wells Fargo could be poised for a comeback in the mortgage business this year as it continues to make progress in addressing regulators’ concerns about its past practices. Continue reading

Wells Fargo warns it will cut costs as mortgage lending continues to slide

Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices. Continue reading