Shares of Wells Fargo (WFC) are rising after Bloomberg reported that the bank sent the Federal Reserve a third-party review of its risk and control overhauls. This move comes as the bank looks to shed an asset cap that was imposed by the central bank under Fed Chair Janet Yellen in 2018.

Market Domination Hosts Julie Hyman and Josh Lipton report more on the story and how the asset cap has impacted Wells Fargo.

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This post was written by Melanie Riehl