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

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

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

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.

Charlie Scharf, Wells Fargo's CEO since 2019, said of today's news: ...

Wells Fargo (WFC), which has been working for years to resolve a string of regulatory issues, confirmed on Tuesday that the Federal Reserve terminated two longstanding consent orders,.

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

Former Paterson mayor Jose "Joey" Torres is sentenced to 3 years probation and fined $10,000 for filing petitions to run for ...

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

Six months after Patelco Credit Union was hit with a ransomware attack, the California Department of Financial Protection and ...

T he Consumer Financial Protection Bureau (CFPB) has terminated its 2022 consent order against Wells Fargo related to ...

Wells Fargo said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to automobile lending, consumer deposit accounts, and mortgage lending products and ...