Financial Advisor IQ19h
Wells Sheds Another Consent Order but Asset Cap Remains in Place
Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...
Wells Fargo federal consent order ends. It covered mortgage, other account ‘mismanagement’
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
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Billions of dollars for millions of Americans: why 'delete the CFPB' might not fly
The Consumer Financial Protection Bureau has been a political punching bag for years, but on the eve of a new Trump ...
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CFPB Targets Wells Fargo's Missteps Again
The Consumer Financial Protection Bureau has labeled Wells Fargo as a repeat offender due to persisting issues. The agency's Repeat Offender Unit remains vigilant in monitoring the bank's actions, ...
Wells Fargo hires JPMorgan executive as head of cards and merchant services
U.S. bank Wells Fargo named JPMorgan Chase executive Ed Olebe as its new head of cards and merchant services on Tuesday, ...