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The long-sought removal of the Federal Reserve's $1.95T asset cap on Wells Fargo (WFC) could be just months away, a move that ...
In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.
Banks operating under a consent decree "face greater regulation while the decree is in effect, and thus when these decrees ...
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...
The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal ...
Wells Fargo’s CEO says the bank “is a different and stronger company today” after correcting its compliance problems.
The largest of those remaining speed bumps is Wells Fargo's 2018 asset cap, a Federal Reserve Board restriction that limits the bank to $1.95 trillion of assets. Amid Wells' substantial regulatory ...
Wells Fargo shareholders on Tuesday approved executive pay packages and appointment of directors with strong majority support ...
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