Cap-free Wells Fargo could be a fashion faux pas
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Cap-free Wells Fargo could be a fashion faux pas
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid brutal rate hikes was a boon as scandal rocked the C-suite. Now that regulators are freeing it to chase growth, the risk is that it blends in with the crowd.
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