Wells Fargo’s 2022 CFPB Consent Order Terminates

Business Wire

01-28

Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)

SAN FRANCISCO, January 28, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage lending has terminated. This is the seventh consent order closed by Wells Fargo’s regulators since 2019.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.

News Release Category: WF-CF

View source version on businesswire.com: https://www.businesswire.com/news/home/20250128288128/en/

Contacts

Media
Beth Richek, 980-308-1568
beth.richek@wellsfargo.com

Investor Relations
John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com

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In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.</p>\n<p><b>News Release Category: </b>WF-CF</p>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20250128288128/en/</span></p>\n<p><b>Contacts</b></p>\n<p><b>Media </b><br/>Beth Richek, 980-308-1568<br/>beth.richek@wellsfargo.com<br/><br/></p>\n<p><b>Investor Relations </b><br/>John Campbell, 415-396-0523<br/>john.m.campbell@wellsfargo.com<br/><br/></p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Wells Fargo’s 2022 CFPB Consent Order Terminates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWells Fargo’s 2022 CFPB Consent Order Terminates\n</h2>\n<h4 class=\"meta\">\n</h4><p class=\"head\">\n<strong class=\"h-name small\">Business Wire</strong><span class=\"h-time small\">2025-01-28 21:00</span>\n</p>\n</header>\n<article>\n<figure>\n<img border=\"0\" height=\"270\" src=\"https://s.yimg.com/uu/api/res/1.2/qpDfBokBTTUO2uC37ltJlA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/business-wire.com/9c1bb3ee6642907949d4b383b494e88f\" title=\"Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)\" width=\"480\"/>\n<figcaption>\n  Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)\n </figcaption>\n</figure>\n<p><b>SAN FRANCISCO, January 28, 2025</b>--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that its 2022 consent order with the Consumer Financial Protection Bureau related to automobile lending, consumer deposit accounts, and mortgage lending has terminated. This is the seventh consent order closed by Wells Fargo’s regulators since 2019.</p>\n<p><b>About Wells Fargo</b></p>\n<p>Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.</p>\n<p><b>News Release Category: </b>WF-CF</p>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20250128288128/en/</span></p>\n<p><b>Contacts</b></p>\n<p><b>Media </b><br/>Beth Richek, 980-308-1568<br/>beth.richek@wellsfargo.com<br/><br/></p>\n<p><b>Investor Relations </b><br/>John Campbell, 415-396-0523<br/>john.m.campbell@wellsfargo.com<br/><br/></p>\n<div class=\"bt-text\">\n<p> 來源：<a href=\"https://finance.yahoo.com/news/wells-fargo-2022-cfpb-consent-130000114.html\">Business Wire</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1280957306.USD","symbol_name":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","start_time":0,"source_url":"https://finance.yahoo.com/news/wells-fargo-2022-cfpb-consent-130000114.html","article_id":"2506515360","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506515360","pubTimestamp":1738069200,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Facade of a Wells Fargo bank branch in Manhattan . 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This is the seventh consent order closed by Wells Fargo’s regulators since 2019.\nAbout Wells Fargo\nWells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.\nNews Release Category: WF-CF\nView source version on businesswire.com: https://www.businesswire.com/news/home/20250128288128/en/\nContacts\nMedia Beth Richek, 980-308-1568beth.richek@wellsfargo.com\nInvestor Relations John Campbell, 415-396-0523john.m.campbell@wellsfargo.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}