What's next for Wells Fargo's post-scandal asset cap?

Wells Fargo's asset cap is turning 5. How will it end? In February 2018, the Federal Reserve Board prohibited Wells Fargo from growing beyond $1.95 trillion. Five years later, analysts, investors and lawmakers are left with more questions than answers about the unprecedented enforcement action. Read our whole series about Wells Fargo's fake-account scandal of a decade ago here.

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Fed's Barr aims to 'eradicate' racial discrimination in banking: The Federal Reserve Board 's top regulator says discriminatory practices of the past still have an impact today and calls on banks and their supervisors to be more vigilant.

Amid fears of recession, credit unions predict strong lending in 2023: This year likely won't match 2022's heights, but executives expect loan growth to remain solid.

Banks tighten credit standards, loan demand wanes: Bank executives are slowing their momentum across commercial and consumer lending segments, a Federal Reserve report finds. Many still expect growth this year, but not as much as in 2022.

Fintech partner's predatory puppy loans get TAB Bank low CRA rating: The Federal Deposit Insurance Corporation (FDIC) Corp. has lowered Utah-based TAB Bank 's CRA score to "needs to improve," putting other banks that work with high-rate lenders on notice.