Wells Fargo's Asset Cap Lifted by Fed After Scandal Resolution
Originally Published 7 months ago — by wellsfargo.com
Wells Fargo has announced that the Federal Reserve has removed the growth limits on its assets imposed in 2018 after the company met all required conditions, marking a significant milestone in its transformation. The bank also announced a $2,000 special award for all full-time employees as recognition of their contributions during this period of change.