Post by Jay_Zee
A lot of the past issues, the old scandals and regulatory problems, are being put in the rear-view mirror. Wells Fargo has been making a real effort to clean up shop, and it's starting to pay off. The biggest news is that the Fed removed that asset cap, which was a huge shackle on their ability to grow. Now they can start using their full balance sheet to increase commercial deposits and expand their trading operations. To the moon! 🚀