Big banks seem to get away with everything short of murder. Considering how regulated they supposedly are, you'd think they'd ...

Lalita Clozel covered banking and fintech policy for The Wall Street Journal in Washington D.C.

Wells Fargo’s CEO says the bank “is a different and stronger company today” after correcting its compliance problems.

Wells Fargo said Tuesday that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending has closed. In 2022 ...

The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...

The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining.

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have ...

the Consumer Financial Protection Bureau — working with the Office of the Comptroller of the Currency and the city and county of Los Angeles — imposed a $185 million fine on Wells Fargo ...

Elon Musk recently posted that he’d like to “delete” the Consumer Financial Protection Bureau ... it fined banking giant Wells Fargo $100 million for the behavior of 5,300 employees who ...

and Wells Fargo over Zelle Banks failed to protect consumers, CFPB alleges Lawsuit driven by political factors, says Zelle's parent The U.S. Consumer Financial Protection Bureau said on Friday it ...

Wells Fargo announces the termination of a 2018 consent order from the Consumer Financial Protection Bureau (CFPB). The termination shows that Wells Fargo has completed much of its common risk and ...

Bank confirms lifting of Consumer Financial Protection Bureau consent order from 2018 Wells Fargo & Co. has reduced the number of federal enforcement actions against it on one front, but it still ...