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

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

The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining.

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

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

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

As previously reported, the agencies, along with the Comptroller of the Currency, announced the consent order at the same time that the DOJ announced its initiative to combat redlining.

The administration is dismissing cases and unwinding settlements built on "disparate impact," which holds that even neutral policies can lead to biased outcomes.

On May 21, the U.S. District Court for the Western District of Tennessee granted a joint motion by the CFPB and DOJ to ...

Last week, the Federal Trade Commission (FTC) approved a final consent order with a private equity firm focused on health care and technology ...

The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent order, closed by Wells Fargo's regulators since 2019 and the seventh ...

Wells Fargo (WFC) stock garnered retail attention on Friday after the company agreed to sell its rail equipment leasing ...