On April 7, the FDIC and the Maryland Office of Financial Regulation terminated two consent orders against a regional bank ...

The consent order required an unprecedented restriction on growth, known as an asset cap, until Wells Fargo showed that it ...

In 2022, the U.S. Department of Justice, under then-President Joe Biden, entered into a court-ordered agreement with Lakeland ...

The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent ...

The agencies argue the bank paid its $5 million penalty and put money in a loan subsidy program. But the case signaled the ...

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...

Wells Fargo confirmed that the Board of Governors of the Federal Reserve System has determined that Wells Fargo has met all ...

The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...

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

Forbright Bank was reprimanded by the FDIC last year in connection with its use of brokered deposits. To address the issue, ...

Wells Fargo has checked more boxes in its progress toward fixing its once-scandal-laden consumer businesses, announcing Monday afternoon that it's shed another consent order. The Office of the ...

Wells Fargo & Company’s WFC 2021 consent order related to related to loss mitigation practices in its Home Lending business was terminated by the Office of the Comptroller of the Currency ...