By Imani Moise
April 5 (Reuters) - Wells Fargo & Co WFC.N said late Sunday that it will cap its participation in the federal small business rescue program at $10 billion due to regulatory constraints.
The San Francisco-based lender said it has likely reached capacity based on the applications it has already received. The bank launched its application portal on Saturday.
(Reporting by Imani Moise; Editing by Tom Hogue)