5 days ago · Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau over automobile and mortgage lending and consumer deposit accounts has been terminated.. The order is the seventh against the lender that regulators have dismissed since 2019, Wells said in the release. The Office of the Comptroller of the Currency last …

W ells Fargo said on Tuesday that a consent order that the Consumer Financial Protection Bureau issued against it in December 2022 had been terminated. That was welcome news for shareholders, who ...

4 days ago · (Reuters) -The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer ...

Dec 20, 2022 · – The Consumer Financial Protection Bureau (CFPB) is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.

Dec 20, 2024 · The Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.

Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.

On December 20, 2022, the Bureau issued an order against Wells Fargo Bank, N.A., which is a national bank headquartered in Sioux Falls, South Dakota. Wells Fargo is the third largest bank in the United States, with nearly $1.8 trillion in assets, …

The Consumer Financial Protection Bureau (Bureau) intends to initiate an administrative proceeding against Wells Fargo Bank, N.A. (Respondent), under 12 U.S.C. §§ 5563 and 5565, for its unfairly misapplying customer payments, unfairly

4 days ago · Wells Fargo has taken another step toward freedom from the slew of regulatory shackles that have hampered its growth for years. The San Francisco-based bank said Tuesday that a consent order with the Consumer Financial Protection Bureau from 2022 had been terminated — a signal that analysts say ...

Dec 20, 2022 · The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co with the watchdog's largest ever civil penalty on Tuesday as part of a $3.7 billion agreement to settle charges over...