Crime and misconduct

Goldman's biggest deal in two decades; Metro raises more than planned

05/17/19

Financial advisory firm hopes to double in size in three years leveraging Goldman’s resources; bank had about £1 billion worth of orders.

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Wells Fargo moves closer to recouping some losses tied to scandal

05/16/19

A federal judge has given preliminary approval to the proposed settlement of a lawsuit under which insurance companies have agreed to pay $240 million for losses the San Francisco bank incurred from the widespread opening of fake accounts.

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OCC monitoring Wells CEO search; CFPB enforcement chief to leave

05/16/19

Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.

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It's a mistake to dismiss CFPB's complaint database

05/13/19

Financial institutions have often criticized the agency’s publication of consumer complaints. But the information provided can offer executives important insights into looming problems that might not yet have come to light.

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Can FHA's promise of softer enforcement get lenders back on board?

05/09/19

The industry welcomed a proposed overhaul of how the government identifies False Claims Act violations, but some say it remains to be seen if the changes are enough to satisfy companies that had bolted.

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House committees in talks with Trumps about bank subpoenas

05/07/19

Two congressional panels said they are in "good-faith negotiations" to allow President Trump to see copies of subpoenas directing Deutsche Bank and Capital One Financial to turn over his bank records.

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House extends subpoena deadline for Deutsche Bank, Capital One

05/01/19

The banks were ordered to submit records related to President Trump's businesses, but lawmakers have agreed to give the companies until seven days after a judge rules on the Trump family's request to block the subpoena.

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Goldman not yet talking 1MDB settlement; Standard Chartered plans buybacks

04/30/19

CEO Solomon says the bank has not yet begun discussions with DOJ about its role in the scandal; the $1 billion buyback would be its first in 20 years.

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OCC official tied to Wells Fargo scandal lands role overseeing midsize banks

04/24/19

Bradley Linskens, the former examiner-in-charge at Wells Fargo, faced scrutiny for his conduct as the top examiner of the scandal-plagued bank.

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Bank earnings underwhelm; ING eyes Commerzbank

04/17/19

Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal.

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