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 ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

subscribe to our free daily Banking Dive newsletter. The Federal Reserve terminated two consent orders Wells Fargo had been under since 2011, bringing its tally of closed consent orders up to nine ...

Two more federal agency consent orders tied to Wells Fargo’s prior problems have ended, the bank said Tuesday. But the bank’s asset cap remains in place, a significant penalty that’s ...

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.

Counting the Fed board's actions Tuesday, there have been nine consent order closed by Wells Fargo’s regulators since 2019. However, according to banking analysts, there are at least five more ...

On February 4, the California DFPI announced a consent order issued against a credit union (respondent) following a significant cybersecurity ...

SAN FRANCISCO, February 04, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding consent orders ...

Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered ...

The bank has had to work beneath a $1.95 trillion asset cap since 2018 due to risk management and compliance issues. Wells Fargo noted Tuesday that the 2022 order was the seventh consent order the ...