The executive appointments at the Consumer Financial Protection Bureau top the list of noteworthy moves by President Donald ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...
The 2018 consent order issued by the OCC identified deficiencies in the bank’s enterprise-wide compliance risk management ...
The Consumer Financial Protection Bureau has done a lot to protect consumers, including retirees, since its inception nearly ...
Wells Fargo had also unfairly charged customers overdraft fees when sufficient funds were available, the CFPB said as part of its order in 2022. Wells Fargo said that the closed 2022 order marked ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
The San Francisco-based bank announced that another consent order with the Office of the Comptroller of the Currency has been ...
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been ...
JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month, the ...
In 2022, the CFPB said it spotted violations across some of Wells Fargo’s consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had ...
“Wells Fargo is a repeat offender that continues to have serious issues,” the CFPB said in a statement to The Charlotte Observer. “While the duration of an individual CFPB order ...
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