News

Now at Wells Fargo, Matthew McCrea is accused of violating a nonsolicitation agreement he signed at JPMorgan. The suit echoes ...
This case was updated in July of 2018. Wells Fargo was the darling of the banking industry, with some of the highest returns on equity in the sector and a soaring stock price. Top management touted ...
UnitedHealth Group Inc.'s $69 million settlement over the Wells Fargo & Co. target-date funds in its 401(k) plan received ...
On May 28, the U.S. Department of Justice filed a motion to terminate its redlining consent order against a New Jersey-based ...
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 ...
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: ...
Wells Fargo was slapped with several federal agency ... In March, the OCC terminated its 2021 consent order related to loss mitigation practices in the company's Home Lending business.
Since 2019, Wells Fargo has resolved 13 consent orders and seven since the beginning of 2025. Notably, other provisions in the 2018 enforcement action will remain in place until the bank satisfies ...
Wells Fargo used to have a corporate culture where it placed unreasonable sales goals on its branch employees, which resulted in employees opening up millions of fake accounts in order to meet ...
The US Federal Reserve said Tuesday that it has removed the asset cap that was placed on one of the country’s largest banks, Wells Fargo, back in 2018, allowing it to resume growth, Bloomberg ...
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.