Wells Fargo said in a news release on February 13, 2025 that the Office of the Comptroller of the Currency (OCC) had terminated its 2018 consent order related to the company's compliance risk management program.

8-KOther EventsFiled Feb 13, 2025Period of report Feb 13, 2025Summary published (UTC) Oct 16, 2026

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Wells Fargo said in a news release on February 13, 2025 that the Office of the Comptroller of the Currency (OCC) had terminated its 2018 consent order related to the company's compliance risk management program.
The company said the termination was the tenth consent order closed by Wells Fargo's regulators since 2019.
In a statement from CEO Charlie Scharf, the company said three other consent orders had been terminated in the last 3 weeks, and that the OCC terminated the 2016 sales practices consent order last year.
The company said CEO Charlie Scharf remains focused on and confident in its ability to complete the work required under its remaining consent orders.

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Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Wells Fargo Confirms Termination of 2018 OCC Compliance Consent Order

Wells Fargo said in a news release on February 13, 2025 that the Office of the Comptroller of the Currency (OCC) had terminated its 2018 consent order related to the company's compliance risk management program.

Source · Based on the filing body and exhibits

Tenth Consent Order Closed Since 2019

The company said the termination was the tenth consent order closed by Wells Fargo's regulators since 2019.

Source · Based on the filing body and exhibits

Three Other Consent Orders Terminated in Last 3 Weeks

In a statement from CEO Charlie Scharf, the company said three other consent orders had been terminated in the last 3 weeks, and that the OCC terminated the 2016 sales practices consent order last year.

Source · Based on the filing body and exhibits

Commitment to Completing Remaining Consent Orders

The company said CEO Charlie Scharf remains focused on and confident in its ability to complete the work required under its remaining consent orders.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

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