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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Wells Fargo and Company | NYSE:WFC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.39 | 0.66% | 59.71 | 59.83 | 59.45 | 59.58 | 2,260,411 | 15:37:38 |
From May 2019 to May 2024
By Andrew Ackerman
The Federal Reserve on Wednesday said it would temporarily ease its asset cap on Wells Fargo & Co. to encourage the bank to lend to small businesses harmed by the outbreak of coronavirus.
The central bank said it would "temporarily and narrowly modify the growth restriction on Wells Fargo so that it can provide additional support to small businesses."
Wells Fargo has faced restrictions on its balance sheet growth for more than two years, the result of widespread compliance failures at the lender.
Write to Andrew Ackerman at andrew.ackerman@wsj.com
(END) Dow Jones Newswires
April 08, 2020 11:50 ET (15:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Wells Fargo Chart |
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