While Bank of America CEO Brian Moynihan called the recent regulatory shift “classic re-engineering,” one peer exec said the ...

We’ve had a corporate and investment bank for a very long time … but we never really talked about it until about four years ...

In a case of Wall Street inside baseball, JPMorgan’s post-merger executive committee included Hernandez, Steve Black — now Wells Fargo’s chairman, Scott Powell — now Wells Fargo’s chief operating ...

Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 ...

The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.

The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but ...

Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...

Wells Fargo Inc. (NYSE: WFC) shares are trading higher Tuesday after the Federal Reserve Board terminated two longstanding ...

Both orders were issued in 2011 and address mortgage business issues. Wells has resolved nine consent orders since 2019, and ...

Charlie Scharf, Wells Fargo's CEO since 2019, said of today's news: "I am happy to confirm that the Federal Reserve has ...

The closures have no impact on the Fed's 2018 consent order that required the bank to overhaul its governance and risk management processes and imposed a $2 trillion asset cap on the bank. Wells Fargo ...

NEW YORK - Wells Fargo & Company (NYSE: NYSE:WFC) announced today that the Federal Reserve Board has lifted two longstanding consent orders against the bank. These regulatory orders, dating back to ...