Wells Fargo Struggling to Stay Under Asset Cap Amid Pandemic, CEO Says

National Mortgage News, May 29, 2020–Jon Prior (subscription)
Even after the Fed eased some limitations in April to promote emergency lending, the bank has had to make some “tough choices” to heed the $1.95 trillion growth ceiling set by regulators in the aftermath of its phony-accounts scandal.
https://www.nationalmortgagenews.com/news/wells-fargo-struggling-to-stay-under-asset-cap-amid-pandemic-ceo-says