News

On May 28, the U.S. Department of Justice filed a motion to terminate its redlining consent order against a New Jersey-based ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Fed effectiveness and risk management ...
Lawmakers have written to the Federal Reserve Board of Governors to express their disapproval of the decision to lift Wells ...
The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...
The June 3 lifting of Wells Fargo's asset cap imposed by the Federal Reserve in 2018 was among the key catalysts Bloomberg ...
The Federal Reserve said Tuesday it has ended its final consent order over Wells Fargo& Co., allowing the bank to grow beyond the $1.95 trillion asset cap that has restricted the bank since February ...
On April 7, the FDIC and the Maryland Office of Financial Regulation terminated two consent orders against a regional bank ...
Charlie Scharf can finally play offense. After more than a half-decade cleaning up Wells Fargo & Co.’s scandals, the chief executive officer has cleared away the firm’s biggest impediment to growth: ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
Wells Fargo shares rose 3.5% in premarket trading Wednesday after the Federal Reserve lifted a key restriction that had capped the bank’s asset growth since 2018.
The Federal Reserve said in Tuesday's three-paragraph statement it had "determined that Wells Fargo has met all the ...
The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...