Wells Fargo Nears Completion of Regulatory Overhaul
TL;DR
Wells Fargo has made significant progress in resolving its longstanding regulatory issues, with the OCC lifting a 2015 enforcement order, leaving only one remaining enforcement action and moving closer to lifting the asset cap imposed after the 2016 fake accounts scandal.
- Wells Fargo enters final stretch of regulatory clean-up as OCC lifts 2015 order Yahoo Finance
- Wells Fargo Nears End of Scandal Era With Just Fed Cap Remaining Bloomberg
- Wells Fargo Clears a Consent Order. Only the Cap on Growth Is Left. Barron's
- Wells Fargo’s Scharf assured over asset cap’s potential end Banking Dive
- Wells Fargo Confirms Termination of 2015 OCC Agreements – Company Announcement Financial Times
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