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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 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 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 clears one penalty but remains under ‘close scrutiny’ by regulators
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.
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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 ...
bankingdive
3h
Wells Fargo raised Charlie Scharf’s pay to $31.2M in 2024
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...
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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 ...
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on MSN
Wells Fargo's co-CEO of investment banking Jon Weiss to step down
Jon Weiss, has informed the bank of his intention to retire and will step down from his position effective immediately, the company said on Thursday.
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Wells Fargo (NYSE:WFC) Notches Up After Losing Half Its CEO Ranks
The notion of a co-CEO is not new. But the idea also feels like a huge waste, at least to some, who wonder why two people need that high-paying ...
Winston-Salem Journal
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Wells Fargo gains termination of seventh federal regulatory consent order
Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to ...
fintechmagazine
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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 ...
The Washington Informer
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100 Black Men of Greater Washington, D.C. Hosts Financial Literacy Workshop for Youth
Black Men of Greater Washington, D.C. hosted a financial literacy workshop for 135 students, sponsored by Wells Fargo, ...
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