Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
WRVO12m
Trump fires chief of the federal consumer watchdog agency
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while ...
Winston-Salem Journal4d
Wells Fargo gains termination of seventh federal regulatory consent order
Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to ...
American Banker4d
Wells Fargo exits consent order. Is more regulatory progress coming?
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...
Trump Administration Fires Consumer Bureau Chief
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive enforcement and expansion of consumer protection laws.
Wells Fargo (WFC) Moves Closer to Having Asset Cap Lifted
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...
Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
bankingdive1d
Wells Fargo raised Charlie Scharf’s pay to $31.2M in 2024
The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...