Wells Fargo 2024 Settlement. The details were released about a month after wells fargo entered into an agreement with the cfpb just before christmas 2022. In those filings, wells fargo says it’s in “resolution talks” with the agency over the issue, morgan stanley says the agency began asking questions about it in april.

Wells fargo bank in the us faces. In its role as a federal watchdog, the consumer financial protection bureau (cfpb) whacked wells fargo with a $3.7 billion penalty in december 2022 — with $2 billion.