The bank’s board credited the CEO for returning $25 billion to shareholders last year and keeping a focus on risk and control infrastructure, which it called the company’s “number-one priority.” ...

Neither Capital One nor Discover are in financial distress leading up to the shareholder vote. Capital One topped earnings estimates for 2024’s fourth quarter, and Discover also posted strong results ...

Senate hearing highlights the CFPB's efforts to protect consumers from financial abuse and excessive fees, advocating for a fairer financial system.

A trio of high-profile lawsuits issued at the tail end of the Biden administration indicate that the agency cares more about pursuing a political agenda than it does about helping American consumers.

Created at the behest of Senator Elizabeth Warren (D-MA), the Consumer Financial Protection Bureau (CFPB) has the ostensible goal of protecting people from bad actors and practices in the financial ...

The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...

Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...

Readers consider the bureau’s policies under Rohit Chopra.

MORE: Wells Fargo Rewards: How to earn and use them 3. There’s no financial penalty for late payments The Wells Fargo Attune℠ Card is rare among its peers in that it doesn’t charge late fees.

Wells Fargo said on Tuesday that it has passed a major hurdle toward lifting the $1.95 trillion asset cap imposed on the bank ...

Italy’s Mediobanca has rejected Banca Monte dei Paschi di Siena’s takeover bid, deeming it “contrary to the interests of Mediobanca”.  In a strongly worded statement on Tuesday, the bank’s board ...