Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
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Wells Fargo released from 2022 CFPB consent order
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
Wells Fargo appoints new head of Cards and Merchant Services
SAN FRANCISCO - Wells Fargo & Company (NYSE: NYSE:WFC) today announced the immediate appointment of Ed Olebe as the new head of Cards and Merchant Services. Olebe, who brings over 25 years of ...
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Wells Fargo Bank Review
Wells Fargo bank account deposits are FDIC insured up ... You can schedule an appointment with a banker online or walk into a branch during traditional business hours. For specific services ...
Wells Fargo clears two more regulatory hurdles as asset cap remains
Regulators have closed nine consent orders against Wells Fargo since 2019. Just last week, the Consumer Financial Protection Bureau ended its 2022 consent order related to the bank's auto lending, ...
Wells Fargo Says Fed Closes Two Longstanding Enforcement Actions Against It
The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...