In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
Wells Fargo Bank ... fraud and money laundering related to the theft of millions of dollars from his clients. He is serving a 50-year prison sentence and has been ordered to pay $106.3 million ...
the CFPB sued Wells Fargo for failing to stop “widespread” Zelle fraud. Bank of America and JPMorgan Chase are also named in the lawsuit. Customers have lost more than $870 million during the ...
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 bank has also been fined billions of dollars ... "Wells Fargo is a repeat offender that continues to have serious issues," a spokesperson for the CFPB said in an emailed statement to Reuters.
The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...
Hosted on MSN29d
US bank regulator fines three former Wells Fargo executives over fake accounts scandalWASHINGTON (Reuters) -A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's long-running fake ... fined $10 million and ...
In the two months leading up to the inauguration, the bureau sued some of the biggest Fortune 500 companies: Capital One, Experian, Walmart, JPMorgan Chase, Bank of America, and Wells Fargo ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results