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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 ...
Banks operating under a consent decree "face greater regulation while the decree is in effect, and thus when these decrees ...
In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.
Since the suit was filed as a derivative action, the shareholders' lawyers will be paid $33 million, but no monetary benefit will be paid to the shareholders, according to court documents.
Fed Chairman Jerome Powell said in 2021 the asset cap would remain until the Fed is confident that Wells Fargo has resolved a ...
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...
NEW YORK (Reuters) -Wells Fargo shareholders on Tuesday approved executive pay packages and the appointment of directors with ...
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 & Co. moved another step closer to having its total asset cap lifted with Monday's ending of the 12th of 15 federal regulator consent orders that have overshadowed the bank since 2017.
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