Wells Fargo, consent orders and Federal Reserve

Wells Fargo sheds fourth consent order in a month
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been terminated. The six-year-old order was related to the bank's risk compliance management and certain loan practices.
Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 trillion total asset cap established in February 2018
Fed terminates 2 Wells Fargo consent orders
Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and five remain, the bank said.
Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order
Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency (OCC) terminated its 2018 consent order relat
Wells Fargo confirms termination of two Federal Reserve consent orders
Wells Fargo (WFC) confirmed that the Federal Reserve Board of Governors terminated two consent orders: a 2011 consent order regarding the
Wells Fargo regains regulatory footing with OCC order lift
Company (NYSE: WFC) announced today that a significant regulatory hurdle has been overcome with the Office of the Comptroller of the Currency (OCC) terminating the 2018 consent order related to the bank's compliance risk management program.
Wells Fargo CFO says five consent orders are remaining
A top Wells Fargo executive said on Tuesday that the bank has five consent orders remaining to resolve issues related to its ...
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Fintech reaches consent order with CFPB over regulatory violations, deceptive practices
On January 30, the CFPB issued a consent order against a fintech company that allows customers to send, receive and store remittances through a ...
Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
Just last week, a 2022 Consumer Financial Protection Bureau consent order was terminated. In that case, Wells Fargo was ordered to pay nearly $4 billion for “widespread mismanagement” of its ...
Wells Fargo Says Fed Closes Two Longstanding Enforcement Actions Against It
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 ...