Fed terminates two 2011 enforcement actions against Wells Fargo
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
Reuters6d
Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Fed said the asset cap it imposed is not affected by the move. Wells Fargo CEO Charles Scharf said in a statement that the Fed's moves show "clear, meaningful progress." "Wells Fargo is a ...
Investing5d
Federal Reserve ends two Wells Fargo consent orders
In leadership changes, Wells Fargo's CEO and President, Charles W. Scharf, will receive a compensation of $31.2 million for his performance in 2024, reflecting his effective leadership and the ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
bankingdive5d
Fed terminates 2 Wells Fargo consent orders
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...
Wells Fargo confirms termination of two Federal Reserve consent orders
Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...
Federal Reserve ends two Wells Fargo consent orders
NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...