Wells Fargo Just Got Unshackled. What Next?
1. Wells Fargo stock rose 3% last week, reflecting positive sentiment. 2. The Federal Reserve lifted the $1.95 trillion asset cap on WFC. 3. Wells Fargo's strategy now focuses on higher return businesses. 4. Mixed Q1 results show net income increased but revenue decreased. 5. Higher Treasury yields may influence both costs and profits for WFC.