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 ...

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

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

Wells Fargo & Company (NYSE: WFC) today confirmed that the Office of the Comptroller of the Currency’s 2015 agreements relating to the company’s previously held financial subsidiaries have ...

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

The lifting of the OCC order is positive news for CEO Charles Scharf, who has spearheaded a sweeping cleanup effort since taking charge in 2019. Shares of Wells Fargo initially rose 1% in late ...

Wells Fargo confirmed that the OCC’s termination of the 2015 agreements is indicative of the progress the company has made in its reform agenda. The bank’s efforts to revamp its compliance ...

A significant 2015 consent order was lifted by the U.S. Office of the Comptroller of the Currency (OCC), which moved Wells Fargo & Company (NYSE:WFC) closer to removing its $1.95 trillion asset cap.