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 ...

The San Francisco stalwart, which traces its roots to the California Gold Rush, beat Wall Street's earnings expectations in ...

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 ...

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...

Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal. · Raleigh News and Observer · CHASE JORDAN/[email protected] ...

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...

The fine was reduced from an initial $25 million. Tolstedt was fired retroactively with cause by Wells Fargo shortly after the scandal erupted publicly in September 2016. The OCC has said Tolstedt ...