News

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 ...
Wells Fargo has now closed 14 consent orders since 2019, including eight this year alone. In January, a 2022 Consumer Financial Protection Bureau consent order was terminated.
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 ...
Wells Fargo's one remaining consent order, which includes a $1.95 trillion asset cap by the Federal Reserve in 2018, requires it to improve governance and controls after widespread consumer abuses.
Other consent orders. Wells Fargo has now closed 14 consent orders since 2019, ... In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto ...
After the fed lifted an asset cap from Wells Fargo, ... The lender cleared numerous consent orders this ... A top U.S. consumer watchdog terminated a 2022 order punishing the lender for allegedly ...
Wells Fargo’s last remaining consent order – related to the $1.95 trillion asset cap put in place by the Federal Reserve in 2018 – followed a scandal in which the bank’s employees opened ...
Wells Fargo has been freed from yet another consent order, leaving just one remaining — the Federal Reserve's historic 2018 cap on the bank's assets at $1.95 trillion. The San Francisco-based bank ...
The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that was established in 2018 in response to the bank’s fraudulent ...