Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network.

Lawmakers are asking JPMorgan, Wells Fargo, Bank of America, and other financial institutions about how many Zelle scams ...

The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.

Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of ...

Overdraft fees average $27 per transaction according to Bankrate’s 2024 checking account survey, but many major banks have eliminated or reduced these charges. Capital One, Citibank, and Ally Bank ...

President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion ...

President Donald Trump's rapid pullback of the U.S. Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly cheated by ...

In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 million 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.

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (WFC) today confirmed that the Consumer Financial Protection Bureau’s (CFPB) 2018 consent order related to the company’s compliance risk ...

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 ...