Regulators, however, handed Discover several consent orders. Most notably, the FDIC ordered the company to distribute $1.225 ...

Wells Fargo has checked more boxes in its progress toward fixing its once-scandal-laden consumer businesses, announcing Monday afternoon that it's shed another consent order. The Office of the ...

The Federal Reserve issued a consent order against Frankewing Bancshares and its subsidiary after the central bank found deficiencies in its operations, including the company’s ability to ...

The Federal Trade Commission opened the door to reviewing final consent orders related to Exxon-Pioneer and Chevron-Hess mergers that further consolidated the oil and gas industry. The Federal ...

In signing off on the deal, the Fed announced it entered into a consent order with Discover and charged Discover a $100 million penalty “for overcharging certain interchange fees from 2007 ...

It remains our top priority, and closing consent orders is an important sign of progress. Five consent orders were terminated in the first quarter. Some of these were long standing, and others ...

Carlin discusses key takeaways from the OCC's consent order with Patriot Bank, emphasizing that other banks should maintain high compliance standards, particularly in BSA/AML programs, and tailor ...

On January 17, 2025, the FTC entered into a consent order concerning Exxon’s acquisition of Pioneer. Under the final consent order, Exxon is prohibited from nominating, designating, or ...