News

The move by the U.S. Office of the Comptroller of the Currency marks the thirteenth enforcement action, known as a consent ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.
Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
Wells Fargo & Co. resolved another regulatory punishment, the seventh this year, as the Office of the Comptroller of the ...
Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...
Wells Fargo confirmed that the Board of Governors of the Federal Reserve System has determined that Wells Fargo has met all ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The consent order required an unprecedented restriction on growth, known as an asset cap, until Wells Fargo showed that it ...
Wells Fargo was slapped with several federal agency consent orders, including the 2018 Federal Reserve effectiveness and risk management order that included the asset cap. Wells Fargo has changed ...
Wells Fargo announced ... Why it matters: The related consent order was the last major hurdle for the bank on the regulatory front, as it had cleared up some of its smaller consent orders within ...
WFC stock jumps as the Fed lifts its $1.95T asset cap, unlocking growth potential stalled since the 2018 scandal.