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Wells Fargo says OCC terminated 2016 consent order -February 15, 2024 at 11:42 am EST

Wells Fargo says OCC terminated 2016 consent order February 15 2024 at 
1142 am EST
Wells Fargo said on Thursday the Office of the Comptroller of the Currency had terminated a 2016 consent order regarding the bank's sales practice misconduct. (Reporting by Niket Nishant in...

Wells Fargo & Company is a leading American banking group. The Net Banking Product (before intra-group eliminations) breaks down by activity as follows: - retail and commercial banking (57,9%): sales of standard and specialized banking products and services (mortgage lending, real estate credit, consumer credit, insurance, etc.); - finance, investment, and market banking (22,9%); - profit management, brokerage, and pension fund management (19.2%). At the end of 2020, the group had USD 1,404.4 billion in current deposits and USD 887.6 billion in current loans.

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