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Wells Fargo says CFPB ends consent order dating back to 2018

The action was the 12th consent order resolved since 2019

Bloomberg News

Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to the bank’s compliance risk-management program, the sixth such order ended this year. The move is the latest in the San Francisco-based company’s efforts to shake off regulatory restrictions after scandals that emerged starting in 2016. […]

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