Lower credit costs and better expense control helped the San Francisco-based titan offset the impact of lighter-than-expected ...

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...

According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...

Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...

The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.

Wells Fargo has checked more boxes in its progress toward fixing ... The OCC's 2018 order was accompanied by a $500 million fine, and came in coordination with a consent order from the CFPB. The CFPB ...

Since taking office in January, President Donald Trump and his administration have led a broad retreat from investigating and ...

alleging that Wells Fargo didn’t compensate mortgage professionals for non-sales work, clawed back vacation pay from commissions, and did not pay overtime wages as required by laws. The CFPB’s ...

The CFPB issued its final rule on overdraft in December ... while many others – notably, Bank of America and Wells Fargo – ...

The CFPB rule had been set to take effect in October ... Since 2021, many banks – most notably, Bank of America and Wells Fargo – have greatly reduced the amount they charge for overdraft ...