Wells Fargo took its latest step out of regulatory purgatory on Monday, when the bank said that a 2018 consent order with the Consumer Financial Protection Bureau has been terminated. So far in 2025, ...

(Reuters) -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.

Wells Fargo & Co. moved another step closer to having its total asset cap lifted with Monday's ending of the 12th of 15 federal regulator consent orders that have overshadowed the bank since 2017.