In a report released on July 13, Ashish Sabadra from RBC Capital maintained a Buy rating on S&P Global, with a price target of $620.00. The company’s shares closed yesterday at ...

Seven years after the cap was enacted, Wells Fargo has a lot of catching up to do.

Wells Fargo was once among the largest buyers of highest-rated CLO bonds, alongside other banks including JPMorgan Chase & Co. and Bank of America Corp.

Wells Fargo & Co. is ramping up buying top-rated collateralized loan obligations, after largely staying away from the $1.3 trillion market following interest rate hikes in 2022, according to ...

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

Wells Fargo (WFC) spent years worried about the past. Now it can focus on the future. The fourth-largest US bank plans to pursue growth and expansion in investment banking, credit cards, and ...

Wells Fargo Sets Sights on Expansion: What the End of Constraints Means for Its Business Strategy After years of restrictions, Wells Fargo plans strategic expansion following Fed's lifting of ...

After seven years under a restrictive asset cap imposed by the US Federal Reserve, Wells Fargo has finally received approval to resume expansion. The removal of the $1.95 trillion (£1.44 trillion ...

Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s Sar… ...

The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.It's a win for Wells ...

San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The ...