The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.

A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells ...

In a letter to the Office of the Comptroller of the Currency, the American Bankers Association rebuffed state regulators' ...

This marks the thirteenth consent order closed by Wells Fargo's regulators since 2019 and the seventh since the beginning of ...

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

On May 15, the GAO penned a letter to the Acting Comptroller of the Currency, Rodney E. Hood, highlighting areas it believes warrant the OCC’s ...

Some regulators, such as acting FDIC Chair Travis Hill, have signaled that a proposal is imminent. He suggested that ...

The proposal would reduce the size of the capital cushion that the biggest lenders must maintain to absorb potential losses ...

The proposal would represent the latest policy win for the banking industry, which has been closely scrutinized since the ...

Multiple US banks are set to close a total of three dozen branches all within a three week period. Eight banks including ...

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

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