Wells Fargo Is A Compliance-Constrained Compounder Now Set Free

Wells Fargo (NYSE: WFC ) is still discounted like a penalty-box bank. But the fundamentals are already telling a different story. Credit is stable. The capital stack is pristine. The balance sheet is overbuilt, not under fire. And the bank is buying back stock likeI am an advisory board member at Loyola University Chicago School of Law’s Center for Compliance Studies and currently serve on multiple ABA international committees, including those focused on export controls, capital markets, and sanctions law. ...