Penalties and fines

Calif. regulator settles with lender accused of evading rate cap


The consent order against California Check Cashing Stores is part of a broader crackdown by the Department of Business Oversight on small-dollar lenders trying to skirt interest-rate limits.


Santander hires retail chief, Trump v. Powell, future of housing finance: Top stories


Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories.


FINRA fines Morgan Stanley $10M for anti-money-laundering failures


The alleged supervisory lapses occurred over a five-year period, according to the regulator.


Barclays’ penalty for whistleblower case; 1MDB case expands


Bank hit, but CEO Jes Staley escapes NYS fine for trying to unmask a whistleblower; Malaysia will pursue criminal complaints against Goldman in other countries.


Fed, FDIC court banks; Germany seeks to help its banks


The two agencies seek to end the acrimony with the companies they regulate; the government is trying to make it easier for the wounded Deutsche Bank to merge with rival Commerzbank.


Cost of doing business with sanctioned nations; Quarles may go global


Société Générale pays more than $1 billion for working with Cuba and others; Fed vice chair in line for global regulator chief role.


Societe Generale fined $1.34B for violating U.S. sanctions


The French bank was hit with a billion-dollar fine after it was found to have unsafe practices that violated sanctions against Cuba and other sanctioned countries.


CFPB fines Tennessee payday lender over claims it misled borrowers


Cash Express LLC allegedly sent customers threats of legal action even though the time for taking legal action had expired.


Capital One hit with $100M fine over AML deficiencies


The civil money penalty from the Office of the Comptroller of the Currency follows a 2015 consent order against the bank, which became a subject of federal questioning after it suspended its business with check cashers.


Lenders, Credit Karma make a deal; Goldman goes further down Main Street


Consumer finance portal will be able to tell customers which loans they’ll qualify for; Marcus unit will soon offer investment services.