Wells Fargo has reported a net income of $4.894bn for the first quarter (Q1) of 2025, marking a rise of approximately 5.93% ...

The Consumer Financial Protection Bureau (CFPB) alleged Friday that Bank of America, JPMorgan Chase and Wells Fargo were slow to crack down on scammers, did not properly investigate complaints of ...

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...

Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...

Wells Fargo has checked more boxes in its progress toward fixing ... The OCC's 2018 order was accompanied by a $500 million fine, and came in coordination with a consent order from the CFPB. The CFPB ...

According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets forth a safe harbor of $41 for each subsequent violation of the same type ...

In December 2022, the CFPB ordered Wells Fargo to pay $1.7 billion in fines and more than $2 billion in redress and compensation to customers. Fed Chairman Jerome Powell said in 2021 the asset cap ...

The CFPB issued its final rule on overdraft in December ... while many others – notably, Bank of America and Wells Fargo – greatly reduced them. Some Republicans, however, argued that eliminating the ...