The company was found liable for mortgage fraud
Fine is the largest ever for a securities fraud class action lawsuit
The bank reported a Q3 net loss of $380 million.
Attorney general says Wells Fargo violated the terms of a 2012 agreement on homeowners
Fringe financial services like check cashing storefronts, pawn shops and payday lenders carry plenty of stereotypes. Namely that their patrons are not well off and likely made up of the working poor who may not have college …
Is $11 billion a lot to pay for causing some of the mischief that caused the financial crisis? That’s what Justice Department officials in Washington are currently trying to decide. The $11 billion in question is the potential …
Marketplace SecondMarket is raising money for the Bitcoin Investment Trust, the first investment fund in the United States to hold the virtual currency.
“We want to make it an accessible asset class,” SecondMarket CEO Barry …
The Consumer Financial Protection Bureau ordered Chase and JPMorgan Chase to refund $309 million in charges to more than 2.1 million people and pay a $20 million fine for illegal credit-card practices. And yet, that may not change much.
The “London Whale” Torpedoed in Trading Scandal
A White House official said Janet Yellen, the Federal Reserve vice chair, is the top contender to replace the chairman in February, Reuters reports
The White House is looking to limit the widespread speculation that existed before the previous White House favorite, former economic adviser Larry Summers, withdrew his name from …
A settlement will have the bank forking out money to a slew of regulators in the U.S. and London