In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to ...
Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf earned a base salary of $2.5 million and a cash bonus of $7.2 million, ...
Wells Fargo said on Tuesday its 2022 consent order with the Consumer Financial Protection Bureau related to automobile ...
We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...
Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered ...
Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...
Japan's Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into ...
The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.
The value of a Wall Street bonus at the time of the award often ends up being far different than what bankers collect several ...
Still overshadowing Wells Fargo is the $1.9 trillion asset cap ordered by the Federal Reserve in February 2018 related to its fraudulent customer account scandal that erupted in September 2016.