Wells Fargo is expanding its healthcare team within its commercial bank and aims to hire more people at a time when the $1.95 trillion asset cap on the bank has been lifted.

Investors are eager to learn more about the bank’s growth plans and priorities since the Fed's punitive asset cap has been lifted.

Wells Fargo on Tuesday lowered its outlook net interest income, a key measure of profitability, sending shares lower.

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.

Fed stress test success, dividend hike, and growth momentum. Read why I believe WFC is a dividend income champ with further upside.

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

By Denny Jacob Wells Fargo disclosed its board authorized a new common stock repurchase program of up to $40 billion.

PayPal derives the vast majority of sales from consumer transactions and 40% of revenue and gross payment volume comes from international markets, according to Wells Fargo analysts.

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a UC Davis study suggests.