- Wells Fargo & Company a diversified, community-based financial services company with $1.92 trillion in assets
- Its vision to satisfy customers’ financial needs and help them succeed financially
- Wells Fargo provides banking, investment, and mortgage products and services, as well as consumer and commercial finance
- Announced that the OCC terminated a 2015 consent order related to the company’s BSA/AML compliance program
- The consent order required the bank to implement customer due diligence standards that include the collection of current beneficial ownership information
- Wells Fargo undertook significant work to remedy the deficiencies that gave rise to the consent order
Wells Fargo: Announces Termination of AML-Related Consent Order
