Last month, a fresh lawsuit filed by the CFPB alleged that Wells Fargo was “allowing fraud to fester” on Zelle, the payments platform owned by a consortium of banks.

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 millions customers.

Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile ...

Wells Fargo & Company (NYSE: WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk management program has ...

In a Friday news conference, CFPB Director Rohit Chopra alleged that Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo, as well as Zelle operator Early Warning Services LLC, allowed ...

Wells Fargo said on Tuesday that a consent order that the Consumer Financial Protection Bureau issued against it in December 2022 had been terminated. That was welcome news for shareholders, who ...

Wells Fargo cleared its 12th consent order since 2019 and moved closer to fixing long-standing regulatory issues that have kept the bank under an asset cap of $1.95 trillion.

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 million customers.

Wells Fargo is among big banks the Consumer Financial Protection Bureau is probing for handling of customer funds on fraud-plagued Zelle platform. ... Wells Fargo, BofA and the CFPB declined to ...

NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...