The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...
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, ...
In a report released yesterday, Elyse Greenspan from Wells Fargo maintained a Hold rating on Everest Group (EG – Research Report), with a price ...
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.
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection enforcement action.
Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...
Analysts have been eager to weigh in on the Financial sector with new ratings on Western Union (WU – Research Report), Unum Group (UNM – ...
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...
European markets are expected to open in negative territory on Wednesday, with investors looking ahead to more earnings from ...
Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on the shares of PepsiCo Inc (NASDAQ:PEP) with a price forecast ...