Wells Fargo’s asset cap removed by U.S. Federal Reserve thanks to ‘substantial progress’ addressing shortcomings
- Posted on June 3, 2025
- By The Globe and Mail
- 3 Views
Wells Fargo’s asset cap removed by U.S. Federal Reserve thanks to ‘substantial progress’ addressing shortcomings
The Fed imposed a US$1.95-trillion asset cap on Wells Fargo in 2018 following its long-running sales practices scandal
