A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

Just last week, a 2022 Consumer Financial Protection Bureau consent order was terminated. In that case, Wells Fargo was ordered to pay nearly $4 billion for “widespread mismanagement” of its ...

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

For non-personal use or to order multiple copies ... leading to billions of dollars in financial harm. The agency alleged that the bank had improperly denied mortgage loan modifications ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...

On January 30, 2025, the Consumer Financial Protection Bureau (CFPB) announced  that it had entered into a consent order with an ...

BREAKING: Patelco Credit Union agreed to new terms with California regulators and must pay a fine connected to last year's cyberattack.

The Fed terminations come one week after the Consumer Financial Protection Bureau dropped a 2022 consent order against the bank regarding automobile and mortgage lending and consumer deposit accounts.

Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...