Wells Fargo has more growth ahead after lifting of asset restrictions, Jefferies says
Airfind news item
By Liz Napolitano
Published on March 26, 2026.
The U.S. Federal Reserve has removed restrictions on the bank's total assets, allowing it to pursue its growth. The bank's shares have been down nearly 16% in the past three months. The removal of these restrictions was due to governance and control issues at the time, including employees opening millions of unauthorized accounts. However, the Federal Reserve lifted these restrictions in June, allowing the bank to pursue an indefinite growth.
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