The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...

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 ...

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 ...

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 ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

It’s a sign that Wells Fargo is making progress to resolve past problems, Charlie Scharf, Wells Fargo’s CEO since 2019, said in a statement. “Wells Fargo is a different company today ...