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.

With its asset cap lifted, Wells Fargo bank CFO Mike Santomassimo outlines key plans for growth in wealth management, consumer banking, and investments.

The Fed lifts Wells Fargo’s asset cap, allowing the San Francisco-based banking giant to expand loans, deposits, and regain its competitive edge in the market.

Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to a fake-accounts scandal.

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.

Wells Fargo has revised previously announced layoff numbers to more workers at its Jordan Creek campus in West Des Moines.

Wells Fargo said that another consent order has been terminated, sparking more speculation about when the bank's 7-year-old asset cap will be lifted.

Voting 5-1 in favor of becoming the 25th unionized branch in the company, Flagstaff's North Fourth Street Wells Fargo location officially joined Wells Fargo Workers United following its Feb. 13 ...

The Maricopa County Office of the Medical Examiner has released the cause of death for the Wells Fargo employee who was found dead at her desk days after clocking into work.

The Maricopa County Office of the Medical Examiner has released the cause of death for the Wells Fargo employee who was found dead at her desk days after clocking into work.

Arizona police are investigating a case involving a Wells Fargo worker who was found dead in her cubicle 4 days after reporting for work.

Four days after last scanning in for work, a 60-year-old office worker in Arizona was found dead in a cubicle at her workplace, having never left the building during that time, authorities said.