Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be ...

Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...

We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and ...

While Wells Fargo has now cleared this consent order, a $1.95 trillion asset cap imposed on it in 2018 by the U.S. Federal Reserve continues to hang over the bank. The cap was in response to alleged ...

A government-wide hiring freeze is adding to a staffing shortage at the Federal Deposit Insurance Corp., complicating the ...

Major US banks closed a total of 1,043 branches over the course of last year, leaving communities with dwindling local ...

Huntington National Bank (Nasdaq: HBAN), which recently inked a partnership with the Cleveland Browns that included naming ...

PNC will shutter its first Pittsburgh branch this year early in the second quarter, according to a filing with the Office of ...

The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...