The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...

National Transportation Safety Board (NTSB) chair Jennifer Homendy provides an update Friday into the investigation of the ...

Both brokerage firms moved a customer’s uninvested cash from a brokerage account into an interest-bearing account, violating ...

Wells Fargo & Co. has narrowed by three the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

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

Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers ...

The bank has “dozens and dozens of different use cases” that are being piloted in various parts of the company, finance chief ...

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says ...

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 ...

In 2020, the bank agreed to pay a $3 billion fine to federal prosecutors and the SEC over its practices. Also that year, 11 former Wells Fargo senior executives were charged by the comptroller ...

Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and ...