Wells Fargo & Co. ( WFC ) just got a green light from the Federal Reserve to break free from a major regulatory handcuff, with Wall Street analysts saying the move could unlock double-digit earnings growth and rising confidence in the stock. What Happened With The Fed's Asset Cap? On June 3, the Federal Reserve removed the asset cap provision...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

09:52 AM EDT, 06/04/2025 (MT Newswires) -- Price: 111.46, Change: +0.80, Percent Change: +0.73 ...

NEW YORK, June 4 (Reuters) - Wells Fargo CEO Charlie Scharf said the bank wants to increase its dividend and focus on growth after the Federal Reserve lifted a $1.95 trillion cap on its assets, according to an interview on CNBC. The bank will focus on growth in credit cards and investment banking, he said. ...