Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

The Trump administration may usher in policies that buttress the aspirations of new entrant payments players and increase ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

While Wells Fargo has now cleared this consent order, a $1.95 trillion asset cap imposed on it in 2018 by the U.S. Federal Reserve continues to hang over the bank. The cap was in response to alleged ...

We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...

The CFPB director faulted the lack of transparency around bank decisions to close accounts and said it’s worth exploring what ...

The Consumer Financial Protection Bureau closed a consent order, but notes that it continues to monitor Wells Fargo closely.

Chain Bridge Bancorp, Inc. (NYSE: CBNA) (the "Company"), the holding company for Chain Bridge Bank, N.A. (the "Bank"), today announced financial results for the fourth quarter of 2024 and the twelve ...

Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...