Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts and mortgage lending had closed.

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit account services.

Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

Big Bank stocks are rising on Wednesday after releasing their fourth quarter earnings, with JPMorgan Chase (JPM), Citigroup (C), Wells Fargo (WFC), and Goldman Sachs (GS) gaining after reporting ...

Wells Fargo's commercial banking revenue fell 6% to $3.171 billion in the fourth quarter, as middle-market banking was down 2% and asset-based lending and leasing was down 12%. Average loans fell ...

Chase has a Private Client Banking program, while Wells Fargo has its Private Bank. While both banks offer an abundance of benefits for high-net-worth individuals (HNWIs), deciding between the two ...

JPMorgan Chase, Citi, Bank of America, U.S. Bank and Wells Fargo postpone payments Gov. Gavin Newsom, Wells Fargo's Charles Scharf, U.S. Bank's Andrew Cecere, Bank of America's Brian Moynihan ...

The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted not to settle.

Capital flowed into debt issued by JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs Group Inc. after strong quarterly results from the big banks. Of the four, the most capital flowed into Wells Fargo,

The Citi Double Cash® Card is similar to the Wells Fargo Active Cash® Card with no annual fee and earning 2% cash back on all purchases—1% when purchases are made and another 1% when they’re ...

The separation of Citi’s highly profitable, yet scandal-plagued Mexican unit comes as the banking giant prepares for an IPO of its retail banking business in Mexico.