Wells Fargo (WFC) ordered to pay $3.7bn by the CFPB

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/15/2026

1. SPY
2. CRWV
3. BAC
4. NVDA
5. BLK
6. RKLB
7. RXRX
8. NOW
9. CAT
10. PLTR

Go back to Wells Fargo (WFC) ordered to pay $3.7bn by the CFPB

Wells Fargo Enters into Agreement with CFPB to Resolve Multiple Issues

December 20, 2022 9:16 AM EST

CFPB is terminating 2016 consent order and providing clarity and a path forward for termination of 2018 consent order; recognizes recent acceleration of efforts

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo said today that it has reached a broad-reaching settlement with the Consumer Financial Protection Bureau (CFPB) resolving multiple matters, the majority of which have been outstanding for several years, related to automobile lending, consumer deposit accounts, and mortgage lending. Current leadership has made significant progress to transform Wells Fargo; in fact, the CFPB recognized that since 2020, the company has accelerated corrective actions and remediation, including to address the matters... More