Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
Regulators have closed nine consent orders against Wells Fargo since 2019. Just last week, the Consumer Financial Protection Bureau ended its 2022 consent order related to the bank's auto lending, ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
Wells Fargo has seen numerous regulators move to lift enforcement actions in recent months. Last month, the Consumer ...
Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...
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.
NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo ... rates In a statement, the OCC said Russ Anderson failed to credibly challenge the bank's incentive ...
Non-interest expenses came in at $13.9 billion for the last three months of 2024 even as the bank took a ... Scharf said in a statement Wednesday. Shares of Wells Fargo climbed 5.2% at 9:49 ...
A Wells Fargo spokesperson declined to comment. In a statement, the OCC said Russ Anderson failed to credibly challenge the bank's incentive compensation program, which regulators found encouraged ...
Wells Fargo Rewards earned with the Autograph card can be redeemed for travel, gift cards, as a statement credit or ... to extend to cardholders, the bank specifies a minimum credit limit of ...