News Topic: Whistleblower

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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. ... Read full article

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

Court gives securities regulators a victory on initial coin offerings; bank’s stock suffers its longest losing streak. ... Read full article

The Commodity Futures Trading Commission has approved a record $30 million whistle-blower award, the result of information that helped the agency sanction JPMorgan Chase for failing to properly inform some wealthy clients about conflicts of interest behind ... Read full article

Treasury Secretary Steven Mnuchin said that banking records of President Donald Trump's lawyer Michael Cohen appear to have been leaked from a database maintained by his department. ... Read full article