News

Wells Fargo confirmed that the Board of Governors of the Federal Reserve System has determined that Wells Fargo has met all ...
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
Significant regulatory progress has been made under CEO Charles Scharf, as evidenced by the closing of the seventh regulatory ...
The consent order required an unprecedented restriction on growth, known as an asset cap, until Wells Fargo showed that it ...
"This lawsuit targets one of the tentacles emanating from Wells Fargo’s misconduct and seeks to redress the profound harm ...
The Federal Reserve on Tuesday said that Wells Fargo (NYSE:WFC) is no longer subject to the asset growth restriction the ...
The complaint cited consent orders in which Wells Fargo admitted submitting tens of thousands of credit card applications without customers’ agreement. In April 2025, Wells Fargo moved another ...
Wells Fargo received regulatory clearance Tuesday to grow its balance sheet for the first time in seven years, after the ...
Wells Fargo moves closer to lifting asset cap after US regulator closes consent order Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted ...
Following the clearance of its second-to-last consent order this week, Wells Fargo is now one step away from clearing the various restrictions regulators imposed on the bank, largely tied to the ...
The resulting higher-for-longer interest rate backdrop can pose new challenges for banks like Wells Fargo & Company WFC ... in resolving multiple consent orders. Because of the asset cap, the ...