In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco ...

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo WFC.N for their roles in the bank's long-running fake accounts scandal. The Office of the Comptroller ...

The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...

The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf ...

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts ...