Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco ...

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

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo WFC.N for their roles in the bank's long-running fake accounts scandal. The Office of the Comptroller ...

Wells Fargo is moving closer to getting unshackled from the $1.95 trillion asset cap imposed on the bank following the 2016 fake-accounts scandal, recent reports suggest, and the fresh termination of ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...

Regulators have closed nine consent orders against Wells Fargo since 2019. Just last week, the Consumer Financial Protection Bureau ended its 2022 consent order related to the bank's auto lending, ...

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts ...

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's long-running fake accounts scandal.

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and ... Fargo has seen regulatory sanctions since its 2016 fake accounts scandal was discovered in 2016. Since then, regulators ...