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

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

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

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

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

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

Regulators say the Mississippi-based depository satisfied the terms of the $5 million settlement it reached with Biden ...

Bank says 11 consent orders against it have been closed by regulators since 2019 Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation ...

Member Kaplan dissented. Consent Orders Under the National Labor Relations Act Historically, once a complaint issued in a ULP, it could be resolved in one of four ways: (1) dismissal by 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 ...