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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 ...
Wells Fargo on Tuesday agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB) to resolve allegations against the banking giant for misapplied loans, wrongfully ...
The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co with the watchdog's largest ever civil penalty on Tuesday as part of a $3.7 billion agreement to settle charges over widespread ...
The CFPB’s antiarbitration rule isn’t even in effect, yet government authorities (not class-action lawyers) required Wells Fargo to provide full restitution for consumers, fined the bank an ...
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 ...
Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer ...
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.
The CFPB filed its amicus brief on Monday, in a class action lawsuit before the Ninth Circuit Court of Appeals, alleging that Wells Fargo flouted its obligations to answer questions about two ...
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 ...