Nupur Anand

New York

U.S. Banking Correspondent at Reuters

Writes on all things banking for Reuters. Author of Mehboob Murderer. Views are personal.

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Articles

J.P. Morgan hires veteran dealmaker Diamandakis to deepen ties with financial sponsors

2 days ago | today.westlaw.com | Niket Nishant |Nupur Anand |Alan Barona

(Reuters) -J.P. Morgan has hired Anthony Diamandakis as the vice chair of its strategic investors group as it ramps up its push to strengthen ties with asset managers and financial sponsors, according to a memo seen by Reuters on Thursday.
Big US banks expected to ace stress tests, boost dividends

3 days ago | today.westlaw.com | Lananh Nguyen |Nupur Anand

NEW YORK (Reuters) -The biggest U.S. lenders are expected to clear the Federal Reserve's annual health check this year, showing they have ample capital that can be used to boost dividends, analysts said. The results of the central bank's so-called...
米ウェルズ・ファーゴ、年内の個人向け融資「減る可能性も」＝ＣＦＯ

2 weeks ago | jp.reuters.com | Nupur Anand

米銀行大手ウェルズ・ファーゴのマイク・サントマッシモ最高財務責任者（ＣＦＯ）は１０日の投資家向けの会議で、米国での個人向け融資が年内に「大幅な伸びは期待できず、減る可能性もある」との見通しを示した。写真はニューヨークで４日撮影。（2025年ロイター/Kylie Cooper/ File Photo） [ニューヨーク１０日ロイター] - 米銀行大手ウェルズ・ファーゴ(WFC.N), opens new tabのマイク・サントマッシモ最高財務責任者（ＣＦＯ）は１０日の投資家向けの会議で、米国での個人向け融資が年内に「大幅な伸びは期待できず、減る可能性もある」との見通しを示した。一方、トランプ米政権の関税政策が不確実なため、商業用融資の伸びを見込むことはより少し難しいと言及した。ウェルズ・ファーゴのチャーリー・シャーフ最高経営責任者（ＣＥＯ）は先週のロイターのインタビューで、クレジットカードと投資銀行、資産運用、商業銀行などの大部分の事業が成長できるように力を入れると語っていた。...
Wells Fargo says consumer loan growth to stay muted or drop this year

2 weeks ago | reuters.com | Nupur Anand

NEW YORK, June 10 (Reuters) - Wells Fargo's (WFC.N), opens new tab Chief Financial Officer Mike Santomassimo said consumer loan growth is likely to remain muted for the rest of the year and could potentially slide. "I wouldn't expect large growth on the consumer side in any way, potentially even a net decline," Santomassimo told investors at a conference on Tuesday. It was a bit more difficult to predict growth in commercial loans, given uncertainty over U.S. tariff policies. Sign up here.
Wells Fargo CEO goes from fixer to builder as regulators lift punishments

3 weeks ago | whbl.com | Nupur Anand |Lananh Nguyen

By Nupur Anand, Lananh NguyenNEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional. “Everyone thinks that I’m this tough, tough person … but it’s been so long in the making, it’s impacted so many people so negatively,” Scharf said.
Wells Fargo CEO goes from fixer to builder as regulators lift punishments

3 weeks ago | today.westlaw.com | Lananh Nguyen |Nupur Anand

NEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf knows he has a reputation for sternness, but he said that when the bank was finally freed of a $1.95 trillion asset cap by regulators on Tuesday, he became emotional. "Everyone thinks that I'm this...
How Charlie Scharf Got Wells Fargo Out of the Penalty Box

3 weeks ago | money.usnews.com | Nupur Anand

By Nupur AnandNEW YORK (Reuters) -When Charlie Scharf took over as Wells Fargo CEO nearly six years ago, he said its culture was broken. On Tuesday, the Fed said the bank's problems were mostly fixed as it lifted a $1.95 trillion asset cap imposed in 2018. Scharf, 60, thanked Wells Fargo's 215,000 employees after they carried out his turnaround plans, one of the biggest in the banking industry.
米ＦＲＢ、ウェルズ・ファーゴの資産上限規制を解除

3 weeks ago | jp.reuters.com | Pete Schroeder |Nupur Anand

６月３日、米連邦準備理事会（ＦＲＢ）は行員が数百万もの不正口座を開設するなどの不祥事を起こした米銀行大手ウェルズ・ファーゴに約７年間課していた１兆９５００億ドルの資産上限規制を解除したと発表した。写真はシアトルの同銀支店。２０２４年１２月撮影（２０２５年ロイター/Chris Helgren） [ワシントン３日ロイター] - 米連邦準備理事会（ＦＲＢ）は３日、行員が数百万もの不正口座を開設するなどの不祥事を起こした米銀行大手ウェルズ・ファーゴ(WFC.N), opens new tabに約７年間課していた１兆９５００億ドルの資産上限規制を解除したと発表した。理事会が全会一致で賛成した。今後ウェルズ・ファーゴは資産規模の拡大を追求できるようになり、２０１９年の就任後に改革を進めてきたチャーリー・シャーフ最高経営責任者（ＣＥＯ）にとって大きな成果となった。ＦＲＢは声明で、１８年に出した是正命令に定めた企業統治とリスク管理プログラムの改善などで同行は「実質的な進展」を遂げ、外部の専門家による検証を踏まえて解除を判断したと説明した。...
Fed lifts Wells Fargo asset cap, clearing bank for growth as it rebuilds from scandal

3 weeks ago | desmoinesregister.com | Pete Schroeder |Nupur Anand

The Federal Reserve lifted the $1.95 trillion asset cap on Wells Fargo, imposed in 2018 due to various scandals. This decision allows Wells Fargo, once the Des Moines metro's largest employer, to pursue growth, and marks a significant victory for CEO Charlie Scharf. Wells Fargo employees will receive a $2,000 bonus to commemorate the lifting of the asset cap.
Fed lifts Wells Fargo’s asset cap, citing progress from sales scandal

3 weeks ago | 933thedrive.com | Pete Schroeder |Nupur Anand

By Pete Schroeder and Nupur AnandWASHINGTON (Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its long-running sales practices scandal. The Fed said in a statement that the bank had made “substantial progress” in addressing its deficiencies, including improving its governance and risk management programs, and completing a third-party review of its overhaul.