Crime and misconduct

New York state is said to probe abuses in small-business lending

12/03/18

Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.

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Goldman considers more surveillance; banks seek robotic experts

12/03/18

The bank would add to monitoring of employees outside the U.S. in response to the 1MDB scandal; financial firms seek help to automate more systems.

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Bank that lent Manafort millions makes claim on his pricey real estate

11/29/18

The Federal Savings Bank is trying to persuade a judge to look beyond its CEO's alleged complicity in a fraud perpetrated by President Trump's former campaign chair.

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Pushing states to police student loans; Banks happy with Powell

11/29/18

Three former CFPB officials seek more enforcement against lenders; Federal Reserve interest rates hikes have boosted bank profits.

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FHA's $14.4B problem; Danske whistleblower to speak

11/19/18

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows.

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Goldman on the hot seat; lending standards flat or easing

11/14/18

Will prosecutors believe a rogue banker was behind Malaysia fraud?; banks that changed standards in Q3 were more likely to ease underwriting.

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Blankfein met accused 1MBD fraudster; UBS hit on two fronts

11/09/18

The former Goldman CEO is said to be the unnamed executive at a meeting with Asian financier; the bank faces multibillion-dollar penalties in two countries.

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More trouble for Wells; Banks’ ‘unorthodox’ move

11/08/18

The OCC is looking into problems in the bank’s technology operations; banks turn to untraditional methods to raise revenue from research.

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Wells admits wrongful foreclosures; Goldman lawyers up

11/07/18

The bank says a calculation error led it to deny help to distressed homeowners; a former U.S. deputy attorney general will help with in the 1MDB fraud scandal.

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BofA tries to boost dealmakers; How Walmart was lost

10/25/18

Executives offer support to lift investment bankers’ morale; retailer’s move from Synchrony Financial could force card issuers to make concessions.

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