Wells Fargo confirms termination of 2018 OCC compliance consent order

WELLS FARGO & COMPANY/MN

OCC terminated the 2018 consent order related to compliance risk management.
This is the tenth consent order closed by regulators since 2019.
Three other consent orders terminated in the last three weeks; 2016 sales practices order closed last year.
CEO Charlie Scharf highlights transformation, remaining focused on completing remaining consent orders.

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