The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
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, ...
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
Fernando Rivas takes over as CEO of Corporate & Investment Banking, effective immediately SAN FRANCISCO, January 30, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that ...
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
Following the 2024 presidential election, survey results in Wells Fargo’s Q4/24 Commercial Business Sentiment Report revealed ...
This leadership change is based on a press release statement and ... sentiment towards the bank's financial trajectory. These are recent developments in Wells Fargo's business operations and ...
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 ...
Wells Fargo ... a statement to The Charlotte Observer. “While the duration of an individual CFPB order elapsed, the agency’s Repeat Offender Unit is continuing to closely scrutinize the bank.” ...