Wells Fargo (WFC.US) shares are up more than 1% today, hitting new all-time highs, after Reuters reported that the bank is in the final stages of undergoing regulatory tests to raise its $1.95 trillion asset limit after fixing problems stemming from a historic scandal over the use of fake accounts. The imposed limits could be lifted as early as the first half of 2025, Reuters sources report.
The company’s shares hit new all-time highs today. Source: xStation
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