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A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
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Zacks Investment Research on MSNWells Fargo Shares Gain on Termination of 2015 OCC AgreementsShares of Wells Fargo & Company WFC rose 1.1% following the company's announcement of termination of 2015 agreements by the ...
The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining.
We remain confident that we will complete the work required in our remaining consent orders.” In the original 2021 order, handed down early in the Biden administration, OCC said Wells Fargo ...
Wells Fargo & Co. said the Office of the Comptroller of the Currency freed the bank from a 2021 consent order tied to deficiencies in its process for helping customers avoid foreclosure ...
A federal district court recently granted the unopposed motion of the Department of Justice (DOJ) and the Consumer Financial Protection Bureau ...
After the OCC announced a consent order against Bank of America (BAC) related to compliance with the Bank Secrecy Act, Citi says the firm does not view the announcement as a surprise, despite the ...
The bank also pointed to signs of progress in meeting its regulators' demands. The OCC, for example, agreed Wednesday to terminate a 2022 consent order tied to the bank's anti-money-laundering ...
OCC terminates 2021 loss mitigation consent order Wells Fargo inches closer to ending decade-old regulatory woes Fifth consent order closed since 2025 beginning March 17 (Reuters) - A top U.S ...
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