News

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...
The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...
Overdraft fees have been on the decline, but a new Senate decision could herald their comeback. See which banks stand to win.
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 ...
According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets ...
Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...
Wells Fargo derived 58% of its 2024 revenues from net interest income, higher than large peers but lower than most regional ...
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 – ...