The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent ...

A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...

Our corporate investment bank has been limited in terms of what they can do, because we tried very hard not to limit our ...

Both banks would probably argue they’ve been future-focused for years. But with the U.K. divesting from NatWest, and Wells’ ...

Wells Fargo (NYSE:WFC) is "very, very confident" that the Federal Reserve's asset cap on the bank will get lifted, CEO ...

The bank will sell its rail operating lease assets to a joint venture between GATX and Brookfield Infrastructure.

On Wednesday, at the Bernstein Conference, Wells Fargo & Company’s WFC CEO Charlie Scharf expressed confidence in the bank’s ...

The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...

The most daunting consent order shadowing Wells Fargo & Co. remains in the Federal Reserve's $1.95 trillion asset cap that ...

Wells Fargo’s CEO says the bank “is a different and stronger company today” after correcting its compliance problems.

The largest of those remaining speed bumps is Wells Fargo's 2018 asset cap, a Federal Reserve Board restriction that limits the bank to $1.95 trillion of assets. Amid Wells' substantial regulatory ...

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...