The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.

In a historic moment for the U.S. financial industry, the Federal Reserve said on Tuesday that it lifted the unprecedented growth restriction it imposed on Wells Fargo, the country’s third-largest ...

Wells Fargo & Co.'s board of directors is expected to raise the bank's quarterly dividend by 5 cents to 45 cents in the next ...

Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...

The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal milestone.” ...

The asset cap cost Wells Fargo 2.2% of aggregate bank deposits, said Siddharth Vij, assistant professor of finance at Terry College of Business at the University of Georgia.

The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

The bank sees businesses as a rich vein of growth now that the Federal Reserve has removed a punitive asset cap.

In some ways, the lifting of the asset cap was bound to come with unclear reasons and motives, since correspondence between banks and their regulators are often deemed confidential supervisory ...

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal Reserve lifted the regulatory measure, allowing the bank to pursue ...

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture. With scant information about why the cap was lifted, the action provides ...

But it isn't clear how much of the haziness surrounding the lifting of Wells' asset cap can be chalked up to prudent information management. In an appearance on CNBC on Wednesday, Sen. Elizabeth ...