Crime and misconduct

Sloan says Wells Fargo has cleaned up its act. Congress begs to differ

03/12/19

More than two years after Wells Fargo's consumer scandals first came to light, the congressional backlash facing the bank is bipartisan and just as fierce.

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Three big questions as Wells Fargo’s CEO heads to Capitol Hill

03/11/19

How well Tim Sloan fares before the House Financial Services Committee will hinge largely on his ability to stay on message in the face of what is expected to be sharp criticism from Democratic lawmakers.

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In a twist, Wells Fargo gets $240M payout in latest phony-account settlement

03/01/19

The settlement would mark a rare instance where the bank stands to benefit monetarily from a scandal that has severely damaged its reputation and cost it hundreds of millions in penalties.

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U.S. may probe Swedbank; Bramson’s tougher road to board

03/01/19

The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others.

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BofA’s role in Bramson’s Barclays push; CFPB sees rise in elder fraud

02/28/19

Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors.

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Fed’s stance on trade secrets could mean more banker bans

02/27/19

Bankers should pay attention to a recent case in Wyoming in which regulators have sought to bar two executives for misusing confidential bank information for the benefit of a rival institution.

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House probe of Deutsche Bank and Trump should be taken seriously

02/20/19

Congressional investigations are often rushed affairs that fail to dig beneath the surface. But the hiring of a veteran investigator who has tangled with Deutsche in the past suggests that this politically charged inquiry is likely to be thorough.

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EU charges 8 banks with price fixing; FBI, police foil bank moles

02/01/19

The European Commission says eight unnamed banks operated as a cartel in the €7 trillion eurozone government bond market; authorities detected a 150-foot tunnel leading to a JPMorgan Chase branch in Florida.

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Tragedy in Florida, mortgage data breach, steel-cage match for deposits: Top stories of the week

01/25/19

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like 'a steel-cage' match; and more from this week's most-read stories.

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Goldman still blames former banker for 1MDB; Morgan Stanley disappoints

01/17/19

Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.

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