Feds take new action on final Wells Fargo oversight order in fake accounts scandal

The Federal Reserve action comes 9 months after lifting the harshest punishment, the $2 trillion asset cap that kept the bank from growing.

Federal Reserve lifts last consent order on Wells Fargo, clearing path for growth

Wells Fargo is expected to focus more on growth opportunities now that its final regulatory order has been lifted.

Wells Fargo clears final regulatory hurdle: 'Wells is free'

We do not expect meaningful cost savings to drop directly to the bottom long,” Raymong James analyst David Long told clients.

Wells Fargo Freed From Key Consent Order Tied to Fake-Accounts Scandal

The Federal Reserve terminated the final public consent order against Wells Fargo related to the bank's fake-account scandal ...
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Wells Fargo's 2018 enforcement action terminated by the Federal Reserve

The Federal Reserve has officially terminated its 2018 enforcement action against Wells Fargo & Company WFC, marking the closure of one of the most significant regulatory penalties imposed on the bank ...