Crime and misconduct

Inside OCC's effort to extract $37.5M from former Wells Fargo execs


Newly released documents highlight the challenges that Carrie Tolstedt and four co-defendants are likely to confront as they face civil charges involving sales misconduct at the bank.


Santander Consumer reaches $550M settlement with state AGs


The lender will pay $65 million in restitution and forgive nearly $500 million in auto debt to settle charges that it steered subprime borrowers into risky loans.


SBA backs off legal threat against firms that didn’t need PPP loans


The agency said Wednesday that as long as small businesses return funds they received through the Paycheck Protection Program, no action would be taken.


Trial of Stephen Calk, Manafort's banker, scheduled for September


The former CEO at The Federal Savings Bank, who faces a bribery charge in connection with loans to President Trump's onetime campaign chief, is seeking to keep evidence from his phone out of the upcoming trial.


Wells Fargo adds new top lobbyist to help revive image in Washington


Brian Smith, who spent the past decade with Regions Financial, will head the bank's government relations and public policy team.


JPMorgan profits drop; Earnings may decide dividend payouts' fate


Bank’s earnings fall 69% in the first quarter; this week’s earnings reports could determine whether banks will need to suspend dividends.


Waters asks DOJ to consider criminal charge against former Wells Fargo CEO


The chair of the House Financial Services Committee, Maxine Waters, contends that Tim Sloan knowingly made misleading and inaccurate comments during a hearing before her panel last year.


Oil price plunge fans bank fears; CFPB sues Fifth Third on phony accounts


Investors worry the drop in crude prices could spark a rash of defaults; the bank denies it opened accounts without customer permission to meet sales quotas.


Wells Fargo's Betsy Duke quits before turn in Washington hot seat


The bank's board chair and fellow director James Quigley abruptly resigned early Monday. Both are scheduled to appear before the House Financial Services Committee this week.


CFPB case hearing ahead; Amex accused of aggressive sign-up tactics


The Supreme Court will hear arguments on the agency’s structure; the company, desperate after losing Costco’s business, allegedly pressured and misled applicants.