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

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 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.

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 ...

Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ETCompany ParticipantsJosh Yankovich - IRMatt Flake - ...

Joe Biden’s CFPB passed rules limiting overdraft and credit card late fees. As the chair of the Senate committee that ...

The other $21.5 million is in stock that vests over time. Scharf was brought into Wells Fargo in 2019 to try to right the ship after its fake-account scandal came to light. Since then, the bank ...

A Houston couple is battling Wells Fargo after $40,000 was fraudulently withdrawn from their business account, despite their ...