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The CFPB said the more than $2 billion in customer refunds Wells Fargo has been ordered to pay includes more than $1.3 billion to consumers hurt by the bank’s auto lending tactics and more than ...
Wells Fargo will pay $3.7 billion to settle allegations by the Consumer Financial Protection Bureau that it mismanaged auto loans, mortgages and deposit accounts, in the largest penalty ever ...
The Consumer Financial Protection Bureau is ordering Wells Fargo to pay $3.7 billion for violating consumer protection laws — a major penalty that also clears some of the megabank's long-standing ...
The CFPB has now dropped seven of the enforcement cases brought under former President Joe Biden, ... BofA, Wells Fargo alleging fraud on Zelle By . Reuters. Published March 4, 2025.
Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to the bank’s compliance risk-management program, the sixth such order ...
Wells Fargo said that the closed 2022 order marked its seventh consent order that bank regulators had closed since 2019. The CFPB said in a statement to Barron’s on Tuesday that it continues to ...
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 millions customers.
The Consumer Financial Protection Bureau, the top U.S. consumer watchdog, has lifted a 2018 consent order related to the lender's compliance risk management, Wells Fargo said on Monday.
CFPB sues JPMorgan, Bank of America, and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial ...
CFPB sues JPMorgan, BofA, Wells Fargo over fraud on Zelle (upated) Dec. 20, 2024 2:21 PM ET JPMorgan Chase & Co. (JPM) Stock, BAC Stock, WFC Stock USB, PNC, TFC By: Liz Kiesche, SA News Editor 28 ...