For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...

After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance ...

In a historic moment for the U.S. financial industry, the Federal Reserve said on Tuesday that it lifted the unprecedented ...

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 million customers.

The Federal Reserve said in Tuesday's three-paragraph statement it had "determined that Wells Fargo has met all the ...

Now they (Wells Fargo) can play without having one arm tied behind their backs," Bankrate.com analyst Greg McBride said with ...

The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that ...

Wells Fargo earns high marks in this category. However, note that the bank has been penalized by government regulators multiple times, including nearly $4 billion in fines levied by the CFPB in ...

The Consumer Financial Protection Bureau's erosion and the second phase of the Capital One merger with Discover are top of ...

The Financial Technology Association (FTA) has hit out at US regulators over plans to rescind open banking rules, calling the ...

NEW YORK (AP) — More Klarna customers are having trouble repaying their “buy now, pay later” loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms ...