Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...

Wells Fargo’s CEO says the bank “is a different and stronger company today” after correcting its compliance problems.

Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to the bank’s compliance risk-management program, the sixth such order ...

The Consumer Financial Protection Bureau's erosion and the second phase of the Capital One merger with Discover are top of ...

Wells Fargo had also unfairly charged customers overdraft fees when sufficient funds were available, the CFPB said as part of its order in 2022. Wells Fargo said that the closed 2022 order marked ...

In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...

SAN FRANCISCO, January 28, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile ...

"The CFPB's headline-grabbing number is misleading ... transactions are completed without dispute. A spokesperson for Wells Fargo declined to comment. Bank of America did not immediately respond ...

CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...

Wells Fargo Nears Full Regulatory Relief as CFPB Lifts Consent Order By Niket Nishant (Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding ...

“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte Observer. “While the duration of an individual CFPB order ...