Why Wells Fargo’s asset cap could be a blessing in disguise as recession fears roil markets

Why Wells Fargo’s asset cap could be a blessing in disguise as recession fears roil markets

Wells Fargo bank signage is seen on Broadway on April 12, 2024 in New York City.

Michael M. Santiago | Getty Images

It’s no secret: Wells Fargo’s $1.95 trillion asset cap has long weighed on the company’s business growth and stock price.

But new Wall Street research details how the landmark regulatory punishment might actually be protecting the bank during the recent stock market downturn.

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