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 earns high marks in this category. However, note that the bank has been penalized by government regulators multiple times, including nearly $4 billion in fines levied by the CFPB in ...

San Francisco-based Wells Fargo, one of the nation’s largest banks, received welcome news on Tuesday when the Federal Reserve lifted restrictions on the company’s asset growth. The ...

Rohit Chopra, who was fired by Trump in February, warns the U.S. is easing up on financial-sector enforcement measures ...

“In the CFPB’s 11 years of existence, Wells Fargo has consistently been one of the most problematic repeat offenders of the banks and credit unions we supervise,” former CFPB director Rohit ...

Wells Fargo “seeks to hold JPMorgan liable” for a real estate company’s “criminal conduct, even though JPMorgan was the ...

“In the CFPB’s 11 years of existence, Wells Fargo has consistently been one of the most problematic repeat offenders of the banks and credit unions we supervise,” former CFPB director Rohit ...

In a historic moment for the U.S. financial industry, the Federal Reserve said on Tuesday that it lifted the unprecedented growth restriction it imposed on Wells Fargo, the country’s third-largest ...

Big banks seem to get away with everything short of murder. Considering how regulated they supposedly are, you'd think they'd be a little more careful about how they do business. But that's not the ...