Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

Company has disclosed the compensation details for its CEO and President, Charles W. Scharf, who will receive $31.2 million for his performance in 2024. The announcement was made following approval by ...

Wells Fargo’s automobile- and mortgage-lending practices have now satisfied the requirements of a 2022 consent order set by ...

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 ...

The firms failed to adopt and implement policies and procedures to consider the best interests of their clients, SEC said in ...

In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...

Wells Fargo and Merrill's parent firm, Bank of America — along with their industry rival Morgan Stanley — have both disclosed in regulatory filings that they were responding to SEC inquiries ...

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

A federal judge agreed with the bank and three of its senior executives that the shareholders had failed to meet their burden ...