BNY Mellon whistleblower gets $50 million; Citi sees an opening in EMEA


The employee assisted authorities in currency trading investigations that cost the bank $714 million; Citi is eyeing an expansion of its commercial banking ops in Europe, Middle East and Africa as other lenders exit on coronavirus fears.


CFPB proposes legislation to pay whistleblowers who tip off agency


The agency's effort to engage with lawmakers on a whistleblower award program is one of three initiatives the bureau announced to advance its strategy of preventing consumer harm.


U.S. Bank worker fired after blowing whistle on sales scheme, suit says


A former call center worker says he lost his job last year after reporting that employees were given incentives to market credit cards to ineligible borrowers.


Pot banking support grows; Equifax, Fair Isaac partner to sell data to banks


Mainstream firms are joining the push to let cannabis firms use banks; the companies say they can help banks make lending decisions quicker.


'It’s hard to fix something that’s not really broken': Comments of the week


Readers debate the odds of legislative reform to Fannie Mae and Freddie Mac, consider the growing problem of "friendly fraud," weigh ways to avoid reputation problems and more.


Wells Fargo's Sloan to Congress: 'We are taking responsibility'


Wells Fargo CEO Tim Sloan said that the megabank has worked to address past issues and is equally committed to preventing new problems from arising, despite reports suggesting otherwise.


Wells Fargo bends to critics in its latest response to scandals


In a lengthy report released Wednesday, the bank pledged to protect whistleblowers, better handle customer complaints and re-examine its lending practices.


AML enforcement needs more whistleblowers


Technology-driven systems aren’t enough to root out anti-money-laundering violations. Congress should consider creating a program that would encourage those with knowledge of illegal behavior to come forward.


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.