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WFC Jan 2025 55.000 call
- Reuters
Wells Fargo CEO says corporate business, trading held back by asset cap
Wells Fargo CEO Charlie Scharf said on Wednesday that the asset cap imposed on the bank by regulators is curtailing its ability to take in more corporate deposits and expand its trading business. Corporate lending and trading would be growth areas for the lender if the asset cap is lifted, Scharf told investors. The $1.95 trillion asset cap was imposed on the San Francisco-based bank after a fake accounts scandal prompted billions of dollars in fines and regulatory punishments called consent orders.
- Zacks
Wells Fargo (WFC) Stock Falls Amid Market Uptick: What Investors Need to Know
Wells Fargo (WFC) reachead $59.48 at the closing of the latest trading day, reflecting a -1.21% change compared to its last close.
- Zacks
Wells Fargo & Company (WFC) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Wells Fargo (WFC). This makes it worthwhile to examine what the stock has in store.
