Wells Fargo had also unfairly charged customers overdraft fees when sufficient funds were available, the CFPB said as part of its order in 2022. Wells Fargo said that the closed 2022 order marked ...

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

Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to the bank’s compliance risk-management program, the sixth such order ...

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

In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...

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

Wells Fargo Nears Full Regulatory Relief as CFPB Lifts Consent Order By Niket Nishant (Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding ...

“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte Observer. “While the duration of an individual CFPB order ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

This news release contains forward-looking statements about our future financial performance and business. Because forward-looking statements are based on our current expectations and assumptions ...

(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 ...

"With both the OCC and the CFPB now apparently comfortable with Wells Fargo's compliance risk management, we view the forward progress as a good sign," Piper Sandler analysts said. (Reporting by ...