Trump's promise of light regulation could solve one of Citi's biggest problems.

Under Trump, bank deal approvals are likely to “speed up markedly and the process will be more clearly delineated,” one ...

Major American banks shuttered 35 branches nationwide in a single week this October. US Bank led the closures, shutting down ...

Wells Fargo and Bank of America each closed six branches ... The latest data, registered with the Office of the Comptroller of the Currency (OCC), suggests that banks are on course to close ...

when the Federal Reserve issued an asset cap on Wells Fargo in 2018. Even so, growth caps are an established tool in regulators' toolkits to rein in problem banks. Clifford Stanford, a regulator ...

Wells Fargo said at that time it is the sixth consent ... there are at least eight more consent orders remaining. The bank and the OCC recently announced they had entered an agreement addressing ...

“The OCC seems to have learned from the Fed’s prolonged Wells Fargo asset cap: the TD asset cap states that the OCC may require TD to *reduce* its assets by 7% for every year of noncompliance ...

Representatives for the Federal Reserve, the OCC and the Federal Deposit Insurance Corp ... which has notched record after ...

Wells Fargo has also been subject to an asset cap ... The bank must also receive the OCC’s approval to open new branches, enter new markets and launch new products and services.

US bank stocks rallied following a decisive win by President-elect Donald Trump, in a sign that big Wall Street financial ...