Penalties and fines

Weak revenue growth underlies bank profits; another Libor alternative


Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.


Lies, coaching at StanChart kept Iran cash moving, U.S. says


U.S. court filings on Tuesday revealed how little some Standard Chartered employees heeded U.S. sanctions, and how they dissembled in order to hold onto profitable clients.


SEC chief warns on leveraged loans; Wells’ woes continue


Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation.


Goldman’s layoffs; Moynihan talks digital banking


The 65 people laid off in late February is only the beginning, report says; Bank of America CEO also tackles mortgages, the economy and gender issues.


USAA's penalty; GSE reform gets harder; Citizens' buy: Top stories of the week


OCC orders USAA to improve risk management; White House's mixed signals complicate housing finance reform debate; Rhode Island bank snaps up dealmaking boutique; and more from this week's most-read stories.


French AML ruling has ripples in U.S.; Barclays 4Q boosts Staley


If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy.


Why Kraninger's CFPB is mandating fewer consumer refunds


The agency has required restitution in just one of six settlements under its new director, raising questions about whether the pattern will continue.


CFPB fines Enova $3.2M for unauthorized account debits


The consumer bureau says the online lender improperly extracted millions from over 5,000 accounts without getting authorization.


BoE's Carney says jail for bankers a bluff, hitting pay is best weapon


Bank of England Governor Mark Carney said threats of jail for bankers are just a bluff and the real weapon to improve behavior is hitting pay packets.


EU fines Mastercard; Why climate change worries BofA


The bloc said the company artificially raised interchange fees in Europe; weather changes that increase flood risks may mean defaults on mortgages.