Wells Fargo sheds 4th consent order in a month

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
Wells Fargo Sheds Another Consent Order
The Office of the Comptroller of the Currency has closed its 2018 consent order related to Wells' compliance risk management program, the company announced on Thursday, adding that it is the 10th consent order closed by regulators since 2019.
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 consent order
Wells Fargo (NYSE:WFC) confirmed on Thursday that the Office of the Comptroller of the Currency ended its 2018 consent order relating to the company's compliance risk management program. It's the 10th consent order closed by the bank's regulators since 2019.
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 enforcement action.
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 related to the company’s compliance risk management ...
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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Wells Fargo Confirms Termination of Two Longstanding Federal Reserve Consent Orders
SAN FRANCISCO, February 04, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today confirmed that the Federal ...