News

Wells Fargo nears full regulatory relief as CFPB lifts consent order
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...
Monitordaily1d
Wells Fargo Confirms Fed Removed Limits on Growth in Total Assets Imposed in 2018 Consent Order
Wells Fargo confirmed that the Board of Governors of the Federal Reserve System has determined that Wells Fargo has met all ...
Wells shed its asset cap — but it isn't clear why
The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.
Wells Fargo shares hit three-month high as Fed ends growth freeze
By Shashwat Chauhan (Reuters) -Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a ...
Wells Fargo CEO Scharf enters growth era with eye on Wall Street
Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief ...
American Banker2mon
Wells Fargo clears another consent order, now down to three
Wells Fargo has checked more boxes in its ... and came in coordination with a consent order from the CFPB. The CFPB order remains outstanding. Earlier last month, Wells also cleared a ...
Yahoo Finance1mon
Wells Fargo clears 12th consent order; 2 remain
The Consumer Financial Protection Bureau has terminated its 2018 consent order against Wells Fargo, leaving two yet to be resolved, including the Federal Reserve’s asset cap, the bank ...