Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
Federal Reserve ends two Wells Fargo consent orders
NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...
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Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
Wells Fargo clears two more regulatory hurdles as asset cap remains
Regulators have closed nine consent orders against Wells Fargo since 2019. Just last week, the Consumer Financial Protection Bureau ended its 2022 consent order related to the bank's auto lending, ...
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Wells Fargo investment bank co-CEO to retire
Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...
Wells Fargo CEO's 2024 pay set at $31.2 million
Company has disclosed the compensation details for its CEO and President, Charles W. Scharf, who will receive $31.2 million for his performance in 2024. The announcement was made following approval by ...
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...