Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...

The fourth-quarter earnings report from Wells Fargo & Co. was overshadowed by the disclosure of three more former senior ...

The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...

Bank regulators say a new round of fines is the final enforcement action against former Wells Fargo executives after the ...

The OCC’s enforcement action restricts Wells Fargo from expanding some of its new offerings without written approval, but ...

They also failed to escalate the issue of sales practices misconduct to higher authorities, disregarding the risks to the bank and its customers, according to the OCC. A Wells Fargo spokeperson ...

Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office of the Comptroller of the Currency said Tuesday.

The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

The Office of the Comptroller of the Currency announced enforcement actions against three former senior executives of Wells Fargo (WFC) Bank, ...

“These actions were taken in response to the former executives’ unsafe or unsound banking practices related to the bank’s systemic and widespread sales practices misconduct,” the OCC said.