Wells Fargo clears another postscandal regulatory hurdle — but more remain
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
Crowdfund Insider3h
Digital Transformation: Q2 Assists Wells Fargo with Streamling Commercial Banking
Holdings, a provider of digital transformation solutions for financial services, announced Wells Fargo launched a commercial ...
Wells Fargo Recruits $1.6 Billion Advisor Team From UBS
Wells Fargo Advisors, the bank’s brokerage unit, recruited a former UBS advisor team that oversaw $1.6 billion in assets ...
Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
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Two more Wells Fargo federal consent orders terminated. But growth cap remains for now
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
Winston-Salem Journal5d
Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...
Wells Fargo moves step closer to getting Fed’s asset cap removed
The asset cap’s removal will be a pivotal moment for Wells Fargo and could be timed with the bank announcing a headquarters ...
Monitordaily6d
Wells Fargo: Commercial Business Sentiment Reaches Highest Level in Four Years
Following the 2024 presidential election, survey results in Wells Fargo’s Q4/24 Commercial Business Sentiment Report revealed ...
bankingdive6d
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 ...
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Monitordaily17h
Wells Fargo Expands Commercial Banking Transformation with Q2
Partnering with Q2, a provider of digital transformation solutions for financial services, Wells Fargo has launched a commercial banking platform designed to improve bankers’ ability to serve ...