A federal judge in Philadelphia has ended the CFPB and DOJ’s consent order against a nonbank mortgage company, concluding it ...

The lawsuit says Williams is being “abused, neglected, and defrauded under the care of court-appointed guardians.” ...

Williams' ex-husband Kevin Hunter has filed a lawsuit for $250 million against 48 defendants who he claims participated in ...

In order to push Wells to fix itself, the Federal Reserve took the unusual step of placing Wells Fargo in a program where the bank could grow no larger than it was in 2018.

No bank had previously been placed into such a program, known as an asset cap. The Fed required Wells to fix it culture and redo its entire risk and compliance departments in order to address its ...

Scharf also announced that each of the 215,000 employees at Wells Fargo would receive a $2,000 award for turning the bank around. Wells Fargo used to have a corporate culture where it placed ...

The growth cap imposed on Wells Fargo & Co. since 2019 seemed a uniquely harsh punishment by US watchdogs, ... compliance and governance demanded by its 2018 consent order.

Freedom to grow. It has been a lost decade for Wells Fargo. Nearly 10 years ago, the commercial banking powerhouse disclosed it had opened millions of unauthorized customer accounts to pad growth ...

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...

Shares of financial giant Wells Fargo & Co (NYSE:WFC) are up 2.2% before the bell, after the Federal Reserve officially lifted its long-standing asset cap on the bank. The restriction, imposed in ...

Wells Fargo confirmed that the Board of Governors of the Federal Reserve System has determined that Wells Fargo has met all conditions required to remove the limits on growth in total assets imposed ...

The Federal Reserve has removed Wells Fargo’s asset growth cap, ... The 2018 Consent Order restricted growth until certain conditions were satisfied, specifically governance and oversight.