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 · 2d

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 · 2d

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 · 2d

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 · 2d

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.

The Financial Express2h

This CEO’s pay rises to Rs 259 Crore

The CEO's compensation increasted to $31.2 million for 2024, marking a 7.6% rise from the $29 million he earned in 2023.

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 ...

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 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 ...

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 ...

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 ...

The economy's strong. Why are more Americans barely making credit card payments?

Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...

Fed's First Decision of Trump 2.0 in Focus

The Federal Open Market Committee, the central bank's policymaking body, will conclude a two-day meeting on Wednesday afternoon. A policy decision is due at 2 p.m. ET, followed by a news conference by ...

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