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The San Francisco-based bank had long sought the move that was holding back its growth. Its CEO called it a “pivotal ...
In a historic moment for the U.S. financial industry, the Federal Reserve said on Tuesday that it lifted the unprecedented ...
After six-plus years under an asset cap imposed by the Federal Reserve, Wells Fargo (WFC) is now free to expand its balance ...
The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.
Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...
In the scandal’s wake, the Federal Reserve imposed an unprecedented $1.95 trillion asset cap, the most significant of the ...
The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
This marks the thirteenth consent order closed by Wells Fargo's regulators since 2019 and the seventh since the beginning of ...
The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining.
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 ...
Julian was highly critical of the OCC, arguing that the agency targeted him in order to distract from its own failures in supervising Wells Fargo during the era of sales misconduct at the bank. He ...
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