Wells Fargo & Company (WFC); Stock Jumps Almost 4% After Seven-Year Growth Freeze Ends as Fed Eases Restrictions

TLDR; Wells Fargo is now free to grow after the Fed lifted a cap imposed in 2018, stock surges 3.71% The decision reflects years of internal reforms and improved oversight. CEO Charlie Scharf says the bank is “far stronger” and “transformed.” Employees will receive a $2,000 award in recognition of their efforts. Wells Fargo & […] The post Wells Fargo & Company (WFC);…