Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...

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

Significant regulatory progress has been made under CEO Charles Scharf, as evidenced by the closing of the seventh regulatory ...

Wells Fargo & Co. has ... terminating 12 consent orders since 2019.” The lawsuit, with Timothy Himstreet listed as lead plaintiff, was filed on April 19, 2022, in California Superior Court ...

Wells Fargo & Co. has reduced the number of federal ... that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order — stemming from its compliance risk management program ...

The consent orders have overshadowed the bank since 2017. Wells Fargo has admitted that from ... all unchanged from 2022 and 2021. Fernando Rivas, co-chief executive of its Corporate and ...

Claims of corruption within U.S. President Donald Trump's administration and the banking industry spread on social media in late April and early May 2025. The allegations stated that in return for ...

Wells Fargo moves closer to lifting asset cap after US regulator closes consent order Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted ...

The resulting higher-for-longer interest rate backdrop can pose new challenges for banks like Wells Fargo & Company WFC ... in resolving multiple consent orders. Because of the asset cap, the ...