SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk ...
(Reuters) -Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion. The Consumer ...
If you had a Wells Fargo account anytime between 2011 and 2022, you may be owed some money. The financial services company reached a $3.7 billion settlement late last year with the Consumer Financial ...
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CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. The CFPB sued ...
NEW YORK -- Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant.
Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered the ...
The federal Consumer Financial Protection Bureau and Wells Fargo & Co.’s daily regulator are seeking up to a $1 billion fine against the lender for accused auto insurance and mortgage lending abuses, ...
Wells Fargo Bank, N.A., one of the nation's largest banks, has been with $185 million in civil penalties for secretly opening millions of unauthorized deposit and credit card accounts in a bid to ...
For Wells Fargo, nearly a decade's worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank's growth had its roots in 2016. That's the year that the bank's fake ...
Wells Fargo confirms termination of 2018 CFPB compliance consent order Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order ...
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