Wells Fargo Reboot Should Put Smaller US Banks on Guard

Wells Fargo reboot should put smaller US banks on guard

One benefit from the lifting of the asset cap is the lender can be more aggressive in attracting deposits

Wells Fargo’s Assets Breach New Threshold After Shackle Lifted

Wells Fargo & Co. just did something it hasn’t been able to do for more than seven years: Cross the $1.95 trillion asset mark.

Wells Fargo's post-asset-cap results top estimates

A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago. Total assets, which had been restricted to $1.95 trillion under a government penalty, were $1.98 trillion on June 30.