On July 1, the CFPB terminated two separate consent orders, one involving a federal credit union and the other involving a ...

Regulators from California, Massachusetts, Minnesota, Nebraska, New York and Texas levied the fine for anti-money laundering ...

Two more federal agency consent orders tied to Wells Fargo’s prior problems have ended, the bank said Tuesday. But the bank’s asset cap remains in place, a significant penalty that’s ...

As consent orders run down, the bank's stock should rise as investors anticipate the bank being closer to finally having updated its regulatory infrastructure to regulators' liking.

The consent order had followed up on a prior OCC action from 2018 that addressed similar problems at the bank. In 2021, Wells was hit with a $250 million civil money penalty for what the OCC called ...

Wells Fargo’s regulators have now closed nine consent orders since 2019, the bank said Tuesday. But Wells Fargo’s biggest punishment remains in effect among its five remaining consent orders ...

Federal banking regulators have disclosed they have terminated a 2016 consent order that was placed on Wells Fargo after its fake accounts scandal. The disclosure sent the bank’s stock up more ...

As consent orders run down, the bank's stock should rise as investors anticipate the bank being closer to finally having updated its regulatory infrastructure to regulators' liking.