The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
National Transportation Safety Board (NTSB) chair Jennifer Homendy provides an update Friday into the investigation of the ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
July 2011: Wells Fargo was fined $85 million for steering prime borrowers into costly subprime loans and falsifying income data on mortgage applications. Wells Fargo was also required to ...
The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...
The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...
The order called for Wells Fargo to pay more than $2 billion in consumer redress and a $1.7 billion fine. Chief Executive Charlie Scharf said the Fed's terminations and the CFPB's similar move ...
The Office of the Comptroller of the Currency on Tuesday fined three former Wells Fargo executives a total of $18.5 million in connection with the bank’s 2016 fake-accounts scandal. The OCC ...
Elite law firms are targeting lateral partner groups who can increase the firm’s wallet share with existing, significant ...
Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and ...