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Wells Fargo nears full regulatory relief

Wells Fargo Says CFPB Ends Consent Order Dating Back to 2018

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 ended this year.

Reuters on MSN · 3d

Wells Fargo nears full regulatory relief as CFPB lifts consent order

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion. The Consumer Financial Protection Bureau,

Yahoo Finance · 3d

Wells Fargo Confirms Termination of 2018 CFPB Compliance Consent Order

Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has terminated.

Winston-Salem Journal2d

Wells Fargo moves step closer to ending of Federal Reserve asset cap

Banks operating under a consent decree "face greater regulation while the decree is in effect, and thus when these decrees ...

Banking Dive3d

Wells Fargo clears 12th consent order; 2 remain

The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal ...

Wells Fargo exits another consent order. Is asset cap next?

In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.

Morningstar3d

Wells Fargo gets another federal penalty lifted, but still has 3 big ones to go

MarketWatch reached out for comment on the matter from the CFPB. Wells Fargo Chief Executive Charles Scharf said the bank "is a different and stronger company today" after he took the helm in 2019 ...

What's Going On With Wells Fargo Stock Today?

Wells Fargo & Co (NYSE:WFC) shares got a slight bump in early trading Monday. The company announced the termination of a 2018 consent order from the Consumer Financial Protection Bureau (CFPB).

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