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 ...
The Federal Reserve last week untethered Wells Fargo & Co. from punishing growth restraints it imposed on South Carolina's ...
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 ...
The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...
A former attorney for Wells Fargo was successful in his bid to move the bank’s allegations that he shared confidential information with another firm to arbitration, a federal judge ruled.
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 ...