#Latest news with #bankingRegulatorsBloomberg29-05-2025BusinessBloombergWells Fargo Nears End of Scandal Era With Just Fed Cap RemainingWells Fargo & Co. resolved another regulatory punishment, the seventh this year, as the Office of the Comptroller of the Currency terminated its 2015 agreements relating to the company's previously held financial subsidiaries. The development represents the 13th consent order closed by banking regulators since 2019, the firm said in a statement Thursday.
Bloomberg29-05-2025BusinessBloombergWells Fargo Nears End of Scandal Era With Just Fed Cap RemainingWells Fargo & Co. resolved another regulatory punishment, the seventh this year, as the Office of the Comptroller of the Currency terminated its 2015 agreements relating to the company's previously held financial subsidiaries. The development represents the 13th consent order closed by banking regulators since 2019, the firm said in a statement Thursday.