The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

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

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

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 ...

Wells Fargo has seen numerous regulators move to lift enforcement actions in recent months. Last month, the Consumer ...

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

The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...

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

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,.

Oscar Perry Abello’s new book, “The Banks We Deserve,” shows how allowing communities to tap into banks’ money-creation power ...

Wells Fargo launched the Attune card in June 2024 ... and you don't have to pay interest. Get more smart money moves – straight to your inbox Sign up and we’ll send you Nerdy articles about ...

The bank — once the envy of the industry — could finally be allowed to grow again. Seven years into a US cap on assets, ...