Claim & ResponseClaims, replies and outcomes, documented in one place.

Subjects ยท Company

Wells Fargo & Company

US bank holding company whose principal subsidiary is Wells Fargo Bank, N.A. Its Community Bank sales practices between 2002 and 2016 were the subject of federal criminal, civil and regulatory resolutions.

TypeCompany
Also known asWells Fargo, Wells Fargo Bank, N.A.
JurisdictionUnited States
SEC CIK0000072971
Official websitehttps://www.wellsfargo.com
Matters on record1

Claims and responses

What did Wells Fargo admit about opening accounts without customer authorisation?Admitted by the subject. Verified 30 October 2026.

Timeline

  1. CFPB consent order with $100 million penalty. matter
  2. Federal Reserve enforcement action imposes asset growth restriction. matter
  3. $3 billion DOJ and SEC resolution announced. matter
  4. Federal Reserve lifts the asset cap. matter
  5. Federal Reserve terminates the 2018 enforcement action. matter

Sources for this profile

  1. US Department of Justice, Office of Public Affairs, Wells Fargo Agrees to Pay $3 Billion to Resolve Criminal and Civil Investigations into Sales Practices Involving the Opening of Millions of Accounts without Customer Authorization

Profile last verified 30 October 2026. Wells Fargo & Company can submit documents or a response through right of reply. Submissions are published as the subject's position and do not change what the records show.