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

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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