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Wells Fargo clears 1 penalty
Wells Fargo clears one penalty, but its asset cap remains in place
Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by federal regulators, the bank said.
Wells Fargo (WFC) Moves Closer to Having Asset Cap Lifted
U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset cap imposed on
Wells Fargo moves a step closer to getting Fed’s asset cap removed
The asset cap’s removal will be a pivotal moment for Wells Fargo, and could be timed with the bank announcing a headquarters move to Texas, where Wells is moving a new office campus.
Wells Fargo's regulatory burden eases further
Wells Fargo's regulatory burden eases further as CFPB terminates 2022 punishment
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.
Wells Fargo gains termination of seventh federal regulatory consent order
Wells Fargo & Co. said Tuesday the Consumer Financial Protection Bureau has terminated its 2022 consent order related to automobile lending, consumer deposit accounts, and mortgage lending products and services.
Wells Fargo announces termination of 2022 CFPB consent order
Wells Fargo (WFC) announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer
22h
Wells Fargo exits consent order. Is more regulatory progress coming?
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 ...
6h
on MSN
AMD sentiment suggests 'below consensus guide' already discounted: Wells Fargo
Sentiment surrounding AMD (NASDAQ:AMD) heading into the company's first-quarter earnings results suggest a "below consensus" ...
bovnews
1h
Wells Fargo Just Downgraded T-Mobile Us Inc (TMUS) Stock—What Does This Mean for Investors?
T-Mobile Us Inc (TMUS) stock saw a decline, ending the day at $221.14 which represents a decrease of $-0.29 or -0.13% from the prior close of $221.43. The stock opened at $220.21 and touched a low of ...
1d
on MSN
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
bankingdive
1d
Wells Fargo released from 2022 CFPB consent order
The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...
fintechmagazine
3h
Derivative Path and Wells Fargo Set to Boost Global Payments
Derivative Path and Wells Fargo have partnered to improve global payments for community and regional banks, supporting ...
2d
Wells Fargo’s Mayo Is Bullish on Banks, Even With Tech Weakness
Monday’s tech rout gives investors yet another reason to buy bank shares, according to Wells Fargo analyst Mike Mayo.
12d
Wells Fargo Stock: Good Times Ahead
Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in ...
3h
Institutions Are Primed for MicroStrategy's Preferred Stock Sale, Say Analysts
The largest of the U.S. preferred stock ETFs is the BlackRock iShares Preferred and Income Securities ETF (PFF), which has ...
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