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

The bank — once the envy of the industry — could finally be allowed to grow again. Seven years into a US cap on assets, ...

Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control ...

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

Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...

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

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...

The can-do work ethic of the firm's northeast divisional president took him across the country multiple times — and to the ...

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...