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’s regulators have now closed nine consent orders since 2019, the bank said Tuesday. But Wells Fargo’s biggest punishment remains in effect among its five remaining consent orders.

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 ...

Sept. 9, 2021-- Wells Fargo announced that a consent order from the CFPB in relation to the bank's retail sales practices from the phony-accounts scandal was no longer in place.

This marks the 11th consent order of Wells Fargo, which has been closed by regulators since 2019. Details of WFC’s 2021 Consent Order by OCC. In 2021, ...

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 ...

Charlie Scharf took over as Wells Fargo 's chief executive in October 2019 - the bank's fourth leader since September 2016 - in part to help resolve the consent orders. "I have repeatedly said ...

Wells Fargo still faces a long road ahead. Bloomberg reported in early December that some top company executives expect an asset cap imposed by the Federal Reserve in 2018 to remain in place until at ...

The 2016 consent order on Wells Fargo had been levied as part of the bank’s fake accounts scandal. Accessibility statement Skip to main content. Democracy Dies in Darkness. Subscribe Sign in.

Two more federal agency consent orders tied to Wells Fargo’s prior problems have ended, the bank said Tuesday. But the bank’s asset cap remains in place, a significant penalty that’s ...