Wells Fargo Federal Reserve

Wells Fargo clears one penalty

Wells Fargo clears one penalty but remains under ‘close scrutiny’ by regulators

Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.

Hosted on MSN · 1d

Wells Fargo Clears a CFPB Consent Order. ‘Serious Issues’ Remain, Agency Says.

The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.

Business Insider · 1d

Wells Fargo (WFC) Moves Closer to Having Asset Cap Lifted

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset cap imposed on

bankingdive · 1d

Wells Fargo released from 2022 CFPB consent order

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.

The Wall Street Journal on MSN · 1d

Wells Fargo Says CFPB Financial Harm Consent Order Has Closed

Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.

The Business Journals · 1d

Wells Fargo moves a step closer to getting Fed’s asset cap removed

The asset cap’s removal will be a pivotal moment for Wells Fargo, and could be timed with the bank announcing a headquarters move to Texas, where Wells is moving a new office campus.

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 ...

2don MSN

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 ...

Winston-Salem Journal2d

Wells Fargo gains termination of seventh federal regulatory consent order

Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to ...

Wells Fargo’s economic outlook disappoints those seeking next Fed rate cut

The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a ...

Wells Fargo exits consent order. Is more regulatory progress coming?

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

21h

Fed Meeting Today Live: The FOMC is Struggling With More Uncertainty Than Usual, Chair Powell Says

Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...

Wells Fargo: Likely Fairly Valued (Rating Upgrade)

Wells Fargo exceeded Q4 earnings expectations, driven by strong investment banking performance. Read why I upgrade WFC stock ...

6don MSN

Wells Fargo's SWOT analysis: stock navigates regulatory hurdles amid growth potential

Company, a diversified financial services giant, finds itself at a critical juncture as it navigates a complex landscape of regulatory challenges, strategic initiatives, and market opportunities. With ...

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