The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
The Consumer Financial Protection Bureau (CFPB) has terminated its ... included a $3.7 billion fine and required Wells Fargo to end the practice of surprise overdraft fees or fees for deposit ...
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
In December 2022, the CFPB ordered Wells Fargo to pay $1.7 billion in fines and more than $2 billion in redress and compensation to customers. The redress was broken down into three categories ...
"There's all sorts of fraud and abuse that targets people in our country," Chopra said, naming lawsuits it has filed against ...
Wells Fargo: Ordered to return over $2 billion to harmed consumers and pay a $1.7 billion fine for violating laws in several product lines including auto loans and mortgages. The CFPB found Wells ...