Wells Fargo has started to see results in its Wall Street business ramp-up, after it was freed from a regulatory punishment that restricted its growth around a year ago.
-- Investment banking fees hit $948 million in the second quarter, which the bank said was highest on record.
-- CEO Charlie Scharf said the bank was finally deploying capital and taking prudent risks after "years of not being on a level playing field with our competitors because we couldn't grow our balance sheet."
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