Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

Wells Fargo (WFC), which has been working for years to resolve a string of regulatory issues, confirmed on Tuesday that the Federal Reserve terminated two longstanding consent orders,.

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

Former Paterson mayor Jose "Joey" Torres is sentenced to 3 years probation and fined $10,000 for filing petitions to run for ...

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 ...

BREAKING: Patelco Credit Union agreed to new terms with California regulators and must pay a fine connected to last year's cyberattack.

At last check, Wells Fargo stock was up 13% so far in 2025 - ahead of gains of 6.6% for Bank of America Corp. (BAC), 9.1% for Morgan Stanley (MS), 10.9% for Goldman Sachs Group Inc. (GS), 11.6% for ...

Six months after Patelco Credit Union was hit with a ransomware attack, the California Department of Financial Protection and ...

On January 30, 2025, the CFPB ordered Wise, an international remittance company, to pay almost $2.5 million in connection with allegations of ...