The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
A new category of employees at the U.S. Consumer Financial Protection Bureau received termination notices on Thursday, ...
The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...
Just last week, a 2022 Consumer Financial Protection Bureau consent order was terminated. In that case, Wells Fargo was ordered to pay nearly $4 billion for “widespread mismanagement” of its ...
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
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.
The Consumer Financial Protection Bureau was created by Congress to be a watchdog over the financial industry. Now it’s been ...
About a year before the subprime mortgage meltdown brought the global financial system to its knees, a Harvard Law School professor made the case for launching a new regulator to protect consumers ...
President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ...
Wells Fargo Inc. (NYSE: WFC) shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding ...
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