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 ...
Major banks closed more than 1,000 local branches last year... as experts reveal bloodbath to worsen in 2025
Major US banks closed a total of 1,043 branches over the course of last year, leaving communities with dwindling local ...
JD Supra1d
OCC releases enforcement actions for January 2025
On January 16, the OCC released a list of recent enforcement actions against national banks, federal savings associations, and ...
bankingdive2d
Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...
The Daily Hodl4d
Wells Fargo, Bank of America, JPMorgan Chase and Other US Lenders Shut Down 113 Bank Branches in Just Six Weeks: Report
Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and ...
American Banker5d
Why Democrats are still in charge of the CFPB and OCC
Experts say the Trump administration is waiting for Scott Bessent to be confirmed as treasury secretary and for other ...
Store closures hit highest level since pandemic — see who's shutting down the most locations
So far this year, closures continue to climb. Retailers have already announced 1,925 store closures so far in 2025 — and that ...
US Bank Closures: Map Shows Where Branches Recently Shut Down
Several major U.S. banks have announced plans to close more than 100 branches between Thanksgiving and January, according to ...