The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one ...

On July 1, the CFPB terminated two separate consent orders, one involving a federal credit union and the other involving a ...

The consent order had followed up on a prior OCC action from 2018 that addressed similar problems at the bank. In 2021, Wells was hit with a $250 million civil money penalty for what the OCC called ...

Consent Orders Under the National Labor Relations Act. Historically, once a complaint issued in a ULP, it could be resolved in one of four ways: (1) dismissal by the General Counsel; (2) ...

The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.

Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion.

A consent order comes about when the respondent (i.e., an employer) proposes terms by which to resolve a dispute that the administrative law judge (ALJ) ...