Search for: "Federal Savings Bank, The"
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17 Aug 2018, 8:15 pm
In early September 2008, as years of reckless mortgage lending gave rise to a rapidly spreading financial meltdown, Paulson and Federal Reserve Chairman Ben Bernanke refused to save the foundering investment banking firm Lehman Brothers. [read post]
6 Aug 2009, 11:18 am
Banks contended that they have modified more loans outside the federal program, and that the government was slow with details, forcing them to delay getting their programs started. [read post]
24 Jan 2012, 3:32 pm
Gregg Costa, an assistant U.S. attorney, told jurors that Stanford “treated depositors’ savings like it was his own personal piggy bank,” the Associated Press reported. [read post]
3 Feb 2023, 1:02 pm
While the FTC Act empowers the FTC “to prevent persons, partnerships, or corporations” from using unfair methods of competition (which the FTC believes include non-competes), it expressly excludes banks, savings and loan institutions, federal credit unions, common carriers, air carriers and foreign air carriers, and persons and businesses subject to the Packers and Stockyards Act from its purview. [read post]
9 Jun 2010, 7:59 pm
The Federal Trade Commission has posted an article about how two Countrywide mortgage servicing companies are to pay $108 million to the struggling homeowners they overcharged with "illegal and excessive fees" before it was acquired by Bank of American in July of 2008. [read post]
24 Feb 2022, 1:39 pm
Sberbank is the largest bank in Russia, holds nearly one-third of the overall Russian banking sector’s assets, is heavily connected to the global financial system, and is systemically critical to the Russian financial system. [read post]
6 Dec 2016, 8:21 pm
That case is now being settled, according to legal filings.An earlier report, also in the New York Times, details Wells Fargo's efforts to compel arbitration in a Federal District Court in Utah:Wells Fargo has asked a Federal District Court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. [read post]
6 Dec 2016, 8:21 pm
That case is now being settled, according to legal filings.An earlier report, also in the New York Times, details Wells Fargo's efforts to compel arbitration in a Federal District Court in Utah:Wells Fargo has asked a Federal District Court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. [read post]
10 Aug 2009, 6:00 am
Here's a great list of resources to check out and save. [read post]
15 May 2017, 4:22 am
Even though the district attorney never filed criminal charges, that didn’t stop them from seizing over $100,000 from the Slatic family’s bank accounts, including college savings for James’s teenage daughters. [read post]
1 Feb 2010, 9:45 pm
Many state attorneys general have called for an independent federal agency. [read post]
13 Jan 2012, 11:38 am
Trade Representative, the Export-Import Bank, the Overseas Private Investment Corporation, and the U.S. [read post]
16 Nov 2010, 2:00 am
Jobs were saved, but not enough new jobs were created. [read post]
14 Nov 2014, 8:57 am
Prometheus and Alice Corp v CLS Bank respectively. [read post]
15 Mar 2019, 2:00 am
Wong has over nearly 20 years of corporate development and investment banking experience at American Express Oppenheimer, GE Merchant Bank, and Wit Soundview Technology Group. [read post]
11 Nov 2009, 7:31 am
The Washington-based company and its sibling Freddie Mac were seized by federal regulators 14 months ago. [read post]
8 Dec 2011, 11:09 am
In Washington state we get to use Federal or state exemptions to protect your assets. [read post]
29 Aug 2021, 7:48 pm
On appeal, the Federal Circuit has affirmed. [read post]
10 Jul 2010, 5:50 pm
On January 3, 2010, I posted a glum summary of published economic reports from Federal Reserve Banks in Kansas City and St. [read post]
19 Jul 2011, 7:54 pm
As we predicted, American Banker reporter Robert Barba picked up all kinds of static about the proposed law from federal bank regulators, who raised the "zombie bank" meme. [read post]
