Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

Wells Fargo Inc. (NYSE: WFC) shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding ...

The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...

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

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

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 ...

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

Charlie Scharf, Wells Fargo's CEO since 2019, said of today's news: ...

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

Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the ...

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