Wells Fargo has reported a net income of $4.894bn for the first quarter (Q1) of 2025, marking a rise of approximately 5.93% ...

A federal court judge in Texas scrapped a Consumer Financial Protection Bureau (CFPB) rule that would have limited “excessive ...

In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...

The judge took steps to block the late fee cap in 2024, saying it stood in opposition to the Credit Card Accountability and Disclosure Act of 2009, which protects consumers from unfair lending ...

Congress recently overturned a Consumer Financial Protection Bureau (CFPB) rule that would have limited overdraft fees to $5 ...

The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo for allegedly failing to protect consumers from “widespread fraud ...

The CFPB rule had been set to take effect in October ... Since 2021, many banks – most notably, Bank of America and Wells Fargo – have greatly reduced the amount they charge for overdraft, while ...

The CFPB rule would have affected financial institutions with more than $10 billion in assets. The bureau said in December ...

"Navy Federal extracted nearly twice as much in overdraft fees per account as Wells Fargo and more than three ... Consumer Financial Protection Bureau (CFPB) and Congressional Republicans have ...

The terms of the consent orders require remediation and for Wells Fargo to improve its risk management and compliance management. While the CFPB assessed a $1 billion fine, regulators are treating the ...

The CFPB alleged that, as a result, hundreds of thousands of customers of JPMorgan Chase, Bank of America and Wells Fargo have lost more than $870 million since Zelle launched seven years ago. (Zelle ...

The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.