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Since the suit was filed as a derivative action, the shareholders' lawyers will be paid $33 million, but no monetary benefit will be paid to the shareholders, according to court documents.
In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.
The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal ...
Wells Fargo & Co. has agreed to a $100 million settlement to resolve a shareholder lawsuit against its chief executive and ...
The Consumer Wells Fargo Financial Protection Bureau has reportedly rescinded a consent order that was linked to ...
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 ...
Wells Fargo had another consent order close, marking the sixth to be terminated this year. The Consumer Financial Protection Bureau ended a 2018 consent order related to the San Francisco bank's ...
Wells Fargo (NYSE:WFC) confirmed on Monday that the Consumer Financial Protection Bureau ended its 2018 consent order related to the bank's compliance risk management program, making it the 12th ...
(Reuters) -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.
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 ...
The Consumer Financial Protection Bureau has terminated its 2018 consent order against Wells Fargo, leaving two yet to be resolved, including the Federal Reserve’s asset cap, the bank announced ...
Wells Fargo took its latest step out of regulatory purgatory on Monday, when the bank said that a 2018 consent order with the Consumer Financial Protection Bureau has been terminated. So far in ...
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