Crime and misconduct

Fraud case against Barclays dismissed; U.S., Canada crack down on ICOs

05/22/18

A British court throws out Serious Fraud Office charges that the bank conspired with Qatari investors to prop it up; investigators open 70 cases against potentially fraudulent cyber deals.

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Another fine mess for Wells; PayPal to buy iZettle

05/18/18

Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.

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Wells Fargo's latest snafu renews a question: Can an insider fix the bank?

05/17/18

News that Wells commercial banking employees improperly altered client documents will likely embolden the most vocal critics of CEO Tim Sloan, who they say can't seem to resolve Wells' lingering problems.

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Watch out: That may be a scam set up by ... regulators?

05/16/18

The Securities and Exchange Commission is pitching a fake initial coin offering to educate investors on the pitfalls of too-good-to-be-true ventures.

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Wells Fargo likely to remain in Fed doghouse longer than expected

05/10/18

The embattled company said Thursday that the asset cap imposed by the Federal Reserve will likely remain in place through “the first part of 2019.” Is this a sign of further delays to come?

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HSBC's surprise: An $897M charge for toxic U.S. mortgages

05/04/18

Costs rose at the global bank, profit in North America fell 16%, and questions are mounting for new CEO John Flint ahead of the release of his strategic plan.

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Dems seek to compel bank to hand over documents tied to Russia probe

05/01/18

The Federal Savings Bank has been under a spotlight since it was revealed that it provided $16 million in mortgages to onetime Trump campaign manager Paul Manafort.

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Wells Fargo, you’re the worst’: Scenes from testy annual meeting

04/24/18

CEO Tim Sloan and board chair Elizabeth Duke fielded tough questions Tuesday on everything from the embattled bank’s culture to its ties to the private prison industry.

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Banks that deal with sanctioned Russians could draw U.S. ire

04/10/18

British banks that deal with the Russian oligarchs and companies on a new American sanctions list will face "consequences," according to a senior U.S. Treasury official.

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House Dems call to subpoena Chicago banker linked to Russia probe

03/28/18

Two Democrats on the House Oversight Committee asked the panel's Republican chairman to issue a subpoena for documents related to Stephen Calk, whose bank made loans to former Trump campaign manager Paul Manafort.

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