Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
Here’s Why Wells Fargo & Company (WFC) Is Among the Best American Bank Stocks to Buy Now
We recently compiled a list of the 10 Best American Bank Stocks To Buy Now. In this article, we are going to take a look at ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
Winston-Salem Journal21h
Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
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 ...
bankingdive1d
Fed terminates 2 Wells Fargo consent orders
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
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 ...
Charlotte Observer8d
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
Since then, regulators identified additional problems with how the bank handled mortgages, auto loans and consumer deposit accounts. In 2018, Wells Fargo was charged a combined $1 billion from ...
Wells’ Direct-Debt Partnership Arranges $2.8 Billion Since Debut
A venture between Wells Fargo & Co. and Centerbridge Partners dedicated to direct lending has arranged $2.8 billion in deals ...