regulatory
confidence high
sentiment positive
materiality 0.65
Wells Fargo announces termination of 2022 CFPB consent order; seventh closed since 2019
WELLS FARGO & COMPANY/MN
- CFPB consent order from 2022 covering auto lending, deposit accounts, and mortgage lending terminated January 28, 2025.
- Seventh consent order closed by Wells Fargo regulators since 2019; reflects ongoing remediation progress.
- Order originally required overhaul of risk management and consumer compliance practices.