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Wells Fargo Clears a CFPB Consent Order. ‘Serious Issues’ Remain, Agency Says.
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
Wells Fargo released from 2022 CFPB consent order
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.
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 Says CFPB Financial Harm Consent Order Has Closed
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.
Wells Fargo announces termination of 2022 CFPB consent order
Wells Fargo (WFC) announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer
1d
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 ...
1d
Wells Fargo exits consent order. Is more regulatory progress coming?
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
10h
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 cap imposed on ...
14h
on MSN
AMD sentiment suggests 'below consensus guide' already discounted: Wells Fargo
Sentiment surrounding AMD (NASDAQ:AMD) heading into the company's first-quarter earnings results suggest a "below consensus" ...
2d
Wells Fargo’s Mayo Is Bullish on Banks, Even With Tech Weakness
Monday’s tech rout gives investors yet another reason to buy bank shares, according to Wells Fargo analyst Mike Mayo.
15h
Wells Fargo’s Positive Trajectory: Remediation Progress and Growth Potential
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report) and keeping the price target at ...
4h
on MSN
El Paso police arrest 3 in 'jugging' theft of elderly man followed home from Wells Fargo
El Paso police arrest three Houston men in a "jugging" of a 78-year-old man robbed after followed home from a bank.
fintechmagazine
12h
Derivative Path and Wells Fargo Set to Boost Global Payments
Derivative Path and Wells Fargo have partnered to improve global payments for community and regional banks, supporting ...
7News Miami
4h
Opa-locka Police search for person accused of robbing customer at Wells Fargo ATM
Opa-locka Police are searching for a robber who is on the run.Investigators said the subject robbed a man at gunpoint at<a ...
5h
Philadelphia Eagles Stars Show Love to Tyrese Maxey After Lakers Win
Tuesday night’s matchup between the Philadelphia 76ers and the Los Angeles Lakers at the Wells Fargo Center had some big ...
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