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 top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
Wells Fargo & Co. may be a step closer to resolving the federal regulatory challenges overshadowing the bank since its fraudulent customer account scandal erupted in September 2016. Wells Fargo ...
The Office of the Comptroller of the Currency has closed its 2018 consent order related to Wells' compliance risk management program, the company announced on Thursday, adding that it is the 10th ...
Included in Wells Fargo’s restitution: More than $1.3 billion for affecting more than 11 million auto lending accounts. More than $500 million for more than 1 million affected customer ...
Wells Fargo & Company’s WFC 2018 consent order related to its compliance risk management program was terminated by the Office ...
(Reuters) -The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly ... and improperly froze or closed customer accounts. The termination, which the bank ...
Two more federal agency consent orders tied to Wells Fargo’s prior problems have ended, the bank said Tuesday. But the bank’s asset cap remains in place, a significant penalty that’s ...