Wells Fargo No Longer Faces Federal Reserve’s 2018 Asset Cap
On June 3, 2025, the Federal Reserve lifted the asset cap it had imposed on Wells Fargo in 2018, marking a significant milestone in the bank’s recovery from its fake-accounts scandal.
On June 3, 2025, the Federal Reserve lifted the asset cap it had imposed on Wells Fargo in 2018, marking a significant milestone in the bank’s recovery from its fake-accounts scandal.