Wells Fargo stock rises as Feds lift consent order for its fake-account scandal

February 15, 2024

Wells Fargo & Co.’s stock rose Thursday after the bank confirmed it satisfied requirements by federal regulators to overhaul aspects of its operations related to the fake bank accounts scandal, but the company still faces other pending actions.

Wells Fargo WFC rose 6.9%, outpacing gains in the financial sector.

Wells Fargo said the Office…

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