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 ...
Wells Fargo’s 2022 CFPB Consent Order Terminates
Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau ...
Raleigh News & Observer3d
Wells Fargo federal consent order over ‘mismanagement’ of mortgage, other accounts ends
Since then, regulators identified additional problems with how the bank handled mortgages, auto loans and consumer deposit accounts. In 2018, Wells Fargo was charged a combined $1 billion from ...
Wells Fargo, Centerbridge Direct Debt Deals Reach $2.8 Billion
A venture between Wells Fargo & Co. and Centerbridge Partners dedicated to direct lending has arranged $2.8 billion in deals ...
Charlotte Observer3d
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
Since then, regulators identified additional problems with how the bank handled mortgages, auto loans and consumer deposit accounts. In 2018, Wells Fargo was charged a combined $1 billion from ...
Seeking Alpha10d
Wells Fargo: Likely Fairly Valued (Rating Upgrade)
The core loan business also did well, as Wells Fargo benefited from a 1.2% Q/Q increase in its net interest income. The outlook for FY 2025 net interest income was also promising and indicates ...
Winston-Salem Journal2d
Wells Fargo business exits strategy boosts fourth-quarter profit 47%
Wells Fargo & Co. reported Wednesday that a series of recent business exits and heightened ... Corp., Citigroup and JPMorgan Chase & Co. Loan revenue fell 7.3% to $11.84 billion, while fee revenue ...