Wells Fargo Submits Crucial Review to the Fed, Paving the Way for Lifting Asset Cap

Wells Fargo & Co. has submitted a critical review to the Fed that could aid the lender's case for lifting the asset cap imposed on the bank nearly six years ago. According to people familiar with the matter, completing the review is a major step toward releasing Wells Fargo from the regulatory tethers that have constrained its growth since the mid-2000s financial crisis.

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