American Banker15h
Wells Fargo freed from a pair of 13-year-old consent orders
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.
Wells Fargo clears two more regulatory hurdles as asset cap remains
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, ...
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 Says Fed Closes Two Longstanding Enforcement Actions Against It
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 ...
Business notes: Stihl produces 100 millionth unit in Virginia Beach, PBMares moves to Wells Fargo Center
Newport News-based PBMares, a Top 100 public accounting firm, relocated its Norfolk office on Jan. 6 to the 19th floor of the ...
NerdWallet8d
5 Things to Know About the Wells Fargo Attune Card
5. It has a 0% intro APR offer The Wells Fargo Attune℠ Card offers a 0% intro APR on Purchases for 12 months from account opening, and then the ongoing APR of 19.24%, 24.24%, or 29.24% Variable ...