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Wells Fargo clears one penalty
Wells Fargo clears one penalty but remains under ‘close scrutiny’ by regulators
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.
Wells Fargo Clears a CFPB Consent Order. ‘Serious Issues’ Remain, Agency Says.
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
Wells Fargo released from 2022 CFPB consent order
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.
20h
Wells Fargo (WFC) Moves Closer to Having Asset Cap Lifted
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...
1d
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 ...
17h
Fed Meeting Today Live: The FOMC is Struggling With More Uncertainty Than Usual, Chair Powell Says
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
8d
Wells Fargo’s economic outlook disappoints those seeking next Fed rate cut
The American economy has entered 2025 with a strong head of steam,” Wells Fargo economists said. That's not necessarily a ...
6d
on MSN
Big banks hiked interest rates on borrowers but not for savers, senators say
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
9d
Wells Fargo: Likely Fairly Valued (Rating Upgrade)
Wells Fargo exceeded Q4 earnings expectations, driven by strong investment banking performance. Read why I upgrade WFC stock ...
American Banker
12d
Fed pulls out of international climate policy group
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network ...
10m
on MSN
U.S. GDP Grew 2.5% in 2024
The U.S. economy headed into 2025 on a solid footing, as a strong labor market helped power consumers’ spending in the final ...
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