The bank has become boring enough to pose no threat to anyone but its shareholders.
Wells Fargo lacks the global reach of other big banks. That minimizes the cumbersome, cross-border issues that others face. The bank, led by John Stumpf, also has a significantly smaller presence on Wall Street, which means its web of securities and counterparties is far less entangled.
Wells Fargo Is the First Big Bank Simple Enough to Fail [Breakingviews via DealBook]