Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...

Jon Weiss, Wells Fargo's co-CEO of corporate and investment banking resigned from his position with plans to retire; A new ...

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

Wells Fargo (WFC), which has been working for years to resolve a string of regulatory issues, confirmed on Tuesday that the Federal Reserve terminated two longstanding consent orders,.

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.

President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...

The Massachusetts senator urged President Trump to work with regulators to stop what she called unjustified closing of bank ...

The CFPB has not posted a news release on the decision on the consent order. The bank said it is the seventh consent order closed by Wells Fargo’s regulators since 2019. However, according to ...

Sen. Elizabeth Warren (D-Mass.) seems to have found common ground with President Trump and Republican lawmakers over ...