News

The executive joins the CEOs of Goldman Sachs and Capital One in receiving eight-figure equity awards this year. Citi will be ...
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 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 was named CEO and president of the bank in 2019 as the company faced challenges from its massive 2016 fake ...
In 2021, OCC levied a $250-million fine on Wells Fargo related to the bank's home lending loss mitigation program and for failing to meet the requirements of a 2018 consent order.
The consent order that was terminated was related to that action. This is the seventh consent order closed by the bank’s regulators since 2019, Wells Fargo said.
Wells Fargo said the Office of the Comptroller of the Currency has terminated a 2015 consent order related to the Bank Secrecy Act/Anti-Money Laundering compliance program.
This is the 10th consent order of Wells Fargo, which has been closed by regulators since 2019. The latest order to be terminated was imposed on the bank in April 2018 and was accompanied by a $500 ...
That includes a 2018 consent order from the Federal Reserve: Wells Fargo remains under the heels of the major punishment of a $1.95 trillion asset cap that prevents the bank from growing until ...
The consent order that was terminated was related to that action. This is the seventh consent order closed by the bank’s regulators since 2019, Wells Fargo said.