Fed terminates 2 Wells Fargo consent orders
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
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 ...
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 federal consent order ends. It covered mortgage, other account ‘mismanagement’
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
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 ...
Charlotte Observer8d
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
Since then, regulators identified additional problems with how the bank handled mortgages, auto loans and consumer deposit accounts. In 2018, Wells Fargo was charged a combined $1 billion from ...
Wells Fargo (WFC) Moves Closer to Having Asset Cap Lifted
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...
Wells Fargo, Centerbridge Direct Debt Deals Reach $2.8 Billion
A venture between Wells Fargo & Co. and Centerbridge Partners dedicated to direct lending has arranged $2.8 billion in deals ...
Yahoo Finance6d
Wells Fargo, Centerbridge Direct Debt Deals Reach $2.8 Billion
The business development company ... where Wells Fargo provides a revolver and Overland supplies a term loan. “Overland and Wells Fargo agented all six of our deals, which is unusual for ...