A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...

consent orders, and requirements,” Trump’s order states. President Bill Clinton issued Executive Order 12898 on Feb. 11, 1994. The order directed the federal government to consider ...

In August 2021 and April 2022, this column discussed the, at the time, proposed substantial revisions to the Uniform Commercial Code (UCC) under consideration by the Uniform Law Commission (ULC) and ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...

Wells Fargo Inc. (NYSE: WFC) shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding ...

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

Charlie Scharf, Wells Fargo's CEO since 2019, said of today's news: "I am happy to confirm that the Federal Reserve has ...

Wells Fargo has seen numerous regulators move to lift enforcement actions in recent months. Last month, the Consumer ...

Wells Fargo (NYSE:WFC), which has been working for years to resolve a string of regulatory issues, confirmed on Tuesday that the Federal Reserve terminated two longstanding consent orders — a 2011 ...