Connect with us

Economy/Markets

Fed modifying asset cap so Wells Fargo can make more small business loans



The U.S. Federal Reserve said on Wednesday it would “temporarily and narrowly” modify the growth restriction on Wells Fargo & Co’s asset cap so the bank can make more loans under government assistance programs for small businesses hurt by the coronavirus disruption.





Source link

قالب وردپرس

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Providence
66°
Cloudy
5:14am8:11pm EDT
Feels like: 66°F
Wind: 7mph SSW
Humidity: 100%
Pressure: 30.23"Hg
UV index: 1
ThuThuFri
77/64°F
77/64°F
72/64°F
Advertisement

Top News cnn