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22 Dec 2011, 6:20 am
[JURIST] The US Department of Justice (DOJ) [official website] announced Wednesday that Bank of America (BOA) [corporate website] has agreed to pay a record $335 million [press release] to settle claims that its subsidiary, Countrywide Financial, discriminated against Hispanic and African-American home buyers. [read post]
27 Apr 2009, 10:43 am
Flowers, who runs the American private equity firm J.C. [read post]
4 Jun 2020, 8:35 am
., the Senate Banking, Housing and Urban Affairs Committee will hold a hearing titled, “Crisis in Hong Kong: A Review of U.S. [read post]
28 Jul 2014, 10:00 am
The president and CEO of the American Bankers Association, Frank Keating, said that, “As it stands, possession or distribution of marijuana violates federal law, and banks that provide support for those activities face the risk of prosecution and assorted sanctions. [read post]
22 Nov 2013, 4:05 am
In July, the Arab-American Civil Rights League complained to the Justice Department and filed a class-action lawsuit making similar charges against Huntington National Bank. [read post]
2 Sep 2010, 10:37 am
Jobless Americans are frightened Americans. [read post]
8 Feb 2023, 1:43 pm
Here, Stanford Law Professor Ralph Richard Banks, co-founder and faculty director of the Stanford Center for Racial Justice, discusses the new AP course, the importance of critical thinking—and finding a way to consider all opinions to get away from no-win culture wars. [read post]
7 Feb 2011, 7:09 am
The rate of modification failure is directly related to the size of the bank servicing the mortgage: Bank of America – 33% Wells Fargo – 29% American Home Mortgage – 26% Ocwen – 24% GMAC Mortgage – 23% JPMorgan Chase – 22% CitiMortgage – 20% Litton Loan Servicing – 20% Another bit of evidence suggesting that BofA should be relieved of the onerous job of servicing defaulted mortgages. [read post]
20 Nov 2009, 3:15 am
If you are an American with an offshore bank account whether in Switzerland or any other country, you need to listen up. [read post]
10 Nov 2020, 11:27 am
In a recent interview with American Banker, Founder and CEO Caitlin Long explained how her Wall Street experience in the pension world led her to the conclusion that there needs to be a bank that provides digital asset custody services for mainstream institutional investors. [read post]
26 Aug 2009, 4:41 pm
We barely staved off a total economic disaster, and as it is, ordinary Americans will be paying for this fiasco for several years, with lower purchasing power and inferior quality of life. [read post]
19 Nov 2008, 10:04 pm
This latest news on the job front demonstrates that employees of overseas financial firms are certainly not immune to the ongoing heavy job cuts that American-based firms such as Citigroup are experiencing. [read post]
1 May 2009, 8:42 am
Well, the banking lobby's millions have carried the day, and the Obama Administration left over 8 million American families twisting in the wind by failing to back up an Obama campaign promise. [read post]
15 Jul 2012, 8:14 am
Chugani, an associate attorney at our law firm, Diaz, Reus & Targ, LLP, was invited to contribute to the Inter-American Dialogues Q&A on this topic in the July 10, 2012 edition of the Latin American Advisor. [read post]
26 May 2019, 1:17 pm
*** The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. [read post]
7 Jul 2021, 3:31 pm
McWilliams concluded her remarks by explaining that “[a]lthough the FDIC has limited ability to address directly the issue of unbanked Americans, there are things that we can do – and which we are doing – to foster innovation across all banks and to reduce the regulatory cost of and barriers to innovation. [read post]
30 Jul 2009, 12:04 pm
American Express repurchased the last of the TARP warrants for $340 Million, yielding a return on taxpayer investment of 26% on an annualized basis. [read post]
16 Feb 2022, 2:27 pm
While millions of Americans are familiar with overdraft fees, nearly all banks also charge non-sufficient fund fees (NSF) for rejected transactions. [read post]
18 Jul 2014, 12:22 pm
It found majorities of Democrats and Independents and a plurality of Republicans still consider Wall Street and the big banks “bad actors” that don’t care about the interests of American families. [read post]
22 Jun 2010, 9:16 am
Aquino, the dual employee of Bank American Investment Services and Bank of America, called a bank customer over the phone on June 23, 2008 to let him know that his $2,000,000 worth of Certificates of Deposit (andquot;CDsandquot;) were coming up for renewal on July 4, 2008. [read post]
