The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

The rising popularity of Buy Now, Pay Later (BNPL) solutions raises questions for lenders that don’t have a standardized way ...

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

Wells Fargo Inc. (NYSE: WFC) shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding ...

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 ...

The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...

Charlie Scharf, Wells Fargo's CEO since 2019, said of today's news: ...

The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

Wells Fargo (WFC), which has been working for years to resolve a string of regulatory issues, confirmed on Tuesday that the Federal Reserve terminated two longstanding consent orders,.

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and ...