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Wells Fargo nears full regulatory relief

Wells Fargo nears full regulatory relief as CFPB lifts consent order

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion. The Consumer Financial Protection Bureau,

Bloomberg · 15h

Wells Fargo Says CFPB Ends Consent Order Dating Back to 2018

Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to the bank’s compliance risk-management program, the sixth such order ended this year.

Yahoo Finance · 16h

Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order

Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has terminated.

13hon MSN

Wells Fargo gets another federal penalty lifted, but still has 3 big ones to go

Wells Fargo’s CEO says the bank “is a different and stronger company today” after correcting its compliance problems.

10h

Wells Fargo exits another consent order. Is asset cap next?

In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.

Banking Dive11h

Wells Fargo clears 12th consent order; 2 remain

The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal ...

17hon MSN

New consumer protections could end soon. Here’s what you need to know.

With the shuttering of the Consumer Financial Protection Bureau, rules are changing on bank overdraft fees, medical debt’s ...

ConsumerAffairs12h

Trump targets consumer watchdog, threatening key financial protections

Key takeaways 🛑 Trump administration moves to gut the Consumer Financial Protection Bureau (CFPB), freezing rules on ...

15h

What's Going On With Wells Fargo Stock Today?

Wells Fargo & Co (NYSE:WFC) shares got a slight bump in early trading Monday. The company announced the termination of a 2018 consent order from the Consumer Financial Protection Bureau (CFPB).

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