Wells Fargo Says Federal Reserve Ends Two 2011 Consent Orders

MT Newswires Live

2025/02/05

Wells Fargo (WFC) said Tuesday that the Federal Reserve Board of Governors has terminated two consent orders from 2011.

One consent order was related to the company's legacy mortgage servicing activities, while the other concerned the legacy Wells Fargo Financial business.

Wells Fargo said regulators have now closed nine consent orders since 2019.

Wells Fargo shares were up 1.4% in recent Tuesday trading.

Price: 79.29, Change: +1.15, Percent Change: +1.47

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