Wells Fargo Stock Jumps As Fake Account Scandal Consent Order Ends

ToplineWells Fargo’s stock rose more than 7% at times Thursday afternoon following the resolution of a consent order placed on the bank for opening fake accounts in the past, after regulators determined sufficient improvements were made for protecting customers, though Wells Fargo still faces scrutiny for the yearslong scandal that tarnished its reputation.The bank made sufficient improvements to guard against customer harm, regulators said. Getty Images Key FactsThe Office of the Comptroller of the Currenc ...