From Yahoo Finance: 2025-06-03 17:15:00

The U.S. Federal Reserve lifted Wells Fargo’s $1.95-trillion asset cap from 2018, boosting shares by 2.1% to $77.27. Analysts speculate on potential asset acquisitions and growth areas. Senator Elizabeth Warren criticizes the decision, highlighting Wells Fargo’s history of legal violations. Industry experts view the move positively, expecting increased opportunities and growth potential for the bank.

Read more: Wells Fargo asset cap lifted, allowing bank to grow