Wells Fargo (WFC) has won a partial victory in its appeal of a closely watched, $203 million overdraft lawsuit, but both sides of the case are gearing up for another round of fighting over the bank's consumer practices.

A panel of judges in the U.S. Court of Appeals for the 9th Circuit ruled that Wells could not be held liable for manipulating the order in which customers' debit charges were processed to maximize overdraft fees. The Office of the Comptroller of the Currency had sanctioned Wells' practices, the panel found, preempting such a challenge under state law.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.