On June 3, the Federal Reserve determined that Wells Fargo had met all the conditions required to lift the asset cap, the bank's biggest penalty stemming from the 2016 scandal.

During Wells Fargo ’s first earnings call since its $2 trillion asset cap was lifted, bank officials provided more details Tuesday about how they will grow and also improve company culture.

Wells Fargo said its profit rose in the second quarter but dimmed its net interest income outlook for the year. Net income was up 12% at $5.49 billion. That amounted to $1.60 a share, above ...

Wells Fargo said its profit rose in the second quarter but dimmed its outlook for the year. Net income was up 12% at $5.49 billion. That amounted to $1.60 a share, above analyst estimates of $1.41 ...

Wells Fargo & Co. crossed the $1.95 trillion asset mark, with total assets at $1.98 trillion at the end of the second quarter, after the Federal Reserve lifted its asset cap.

Wells Fargo Investment Institute on Wednesday became the latest Wall Street research house to lift its year-end target for the S&P 500 index, citing tariff delays and strong corporate earnings.

Wells Fargo WFC 1.07% said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by the Federal Reserve. Net income was up 12% at $5.49 billion ...

Wells Fargo said its profit rose in the second quarter, in which a years-long restriction on growth at the bank was lifted by the Federal Reserve. Net income was up 12% at $5.49 billion.