Fines for former banking executives involved in a fraud scandal plummeted from a combined $8.5 million to a combined $150,000 ...

Claims of corruption within U.S. President Donald Trump's administration and the banking industry spread on social media in late April and early May 2025. The allegations stated that in return for ...

Wells Fargo was hit with a $250 million fine levied by the OCC related to its mortgage business. The bank said that a separate 2016 consent order over sales practices has now expired. Wells Fargo ...

Federal regulators slammed Wells Fargo with $1 billion in fines on Friday for its force-placed auto insurance policies and for making mortgage customers pay the fees it was supposed to carry.

Two former Wells Fargo executives involved in a highly publicized fake accounts scandal that came to light in 2016 received reductions in civil penalties from a combined $8.5 million to a combined ...

Consent orders are enforcement actions involving a fine or specific directive to address an issue. Wells Fargo's regulatory issues came under the spotlight after a fake accounts scandal that ...

Wells Fargo & Co. moved another step closer to having ... including civil and criminal fines.” Banks operating under a consent decree “face greater regulation while the decree is in effect ...