Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
We're spotlighting what one CEO says is a prime issue for data centers, layoffs at a big name in ... to The National Observer newsletter. Wells Fargo & Co. executives sought to rein in any ...
The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago ...
Here's what's making news this Thursday morning in the Bay Area: American Airlines crash, Waymo in Truckee, Google petition, ...
"We view this news as a positive for Wells Fargo as it demonstrates progress of working with the company's regulators," he said in the note. Wells CEO Charlie Scharf was brought on in 2019 to get the ...
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 ...
The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...
Wells Fargo & Co.’s multi-year plan to support ... according to the Wall Street Journal and multiple news reports.