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3 big banks nearly halt foreclosure sales after U.S. tweaks orders
Sales of homes in foreclosure by Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc. ground nearly to a halt after regulators revised their orders on treatment of troubled borrowers during the 60 days before they lose their homes. The banks...Tags: Financial and Business Services, Citigroup Incorporated, Mortgages, JPMorgan Chase & Co., Foreclosures
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Fed tells Bank of Montreal to fight money laundering harder
ReutersNEW YORK (Reuters) - The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. The warning puts Bank of Montreal in a growing category of financial...Tags: HSBC Holdings plc, Citigroup Incorporated, Manufacturing and Engineering, Federal Reserve, FBI
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US senator: Show me the economic analysis on settlements vs trials
ReutersBy Sarah N. Lynch WASHINGTON, May 14 (Reuters) - A U.S. senator who has criticized Wall Street is asking federal regulators and law enforcement officials whether they have the economic analysis to back up their routine practice of letting big banks...Tags: Elizabeth Warren, Bank of America Corp., U.S. Senate Committee on Banking, Housing, and Urban Affairs, Citigroup Incorporated, Federal Reserve
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Senator Warren wants bank settlements to be justified
ReutersWASHINGTON (Reuters) - An outspoken freshman senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle investigations without admitting any...Tags: Elizabeth Warren, Bank of America Corp., U.S. Senate Committee on Banking, Housing, and Urban Affairs, Citigroup Incorporated, Federal Reserve
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Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals
Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...Tags: Elizabeth Warren, Politics, U.S. Congress, HSBC Holdings plc, Elisse Walter
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Allan Powell: The feminine touch in finance
One can but admire a woman brave enough to pick a professional career in which she will be surrounded and greeted with patronizing glances from self-assured males. This was the call made by Sheila Bair, who was appointed Chairman of the FDIC (Federal...Tags: Banking, Timothy Geithner, Investments, Sheila Bair, George W. Bush
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Fed says some were underpaid in foreclosure settlement
ReutersWASHINGTON (Reuters) - A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal Reserve said on Wednesday. Some 4.2 million people are...Tags: Bank of America Corp., Wells Fargo & Co., Citigroup Incorporated, JPMorgan Chase & Co., Elijah E. Cummings
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RPT-Investors may lobby JPMorgan to clip Dimon's wings if vote fails
ReutersBy Nadia Damouni and David Henry May 5 (Reuters) - JPMorgan Chase & Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the "London whale"...Tags: Politics, Bernard Madoff, Career and Workplace, California Public Employees' Retirement System, Lobbying
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JPMorgan CEO Dimon to meet with OCC examiners -WSJ
ReutersNEW YORK, May 3 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon is scheduled to meet next week with bank examiners from the Office of the Comptroller of the Currency in a meeting the bank requested, the Wall Street Journal reported on Friday. According...Tags: The Wall Street Journal, Bernard Madoff, JPMorgan Chase & Co., The New York Times, Jamie Dimon
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Fed's Tarullo wants big banks to hold more capital
ReutersWASHINGTON (Reuters) - Banks' limits on how much they can borrow should be tighter than what is called for under a global pact, a top Federal Reserve official said, as calls to cut the size of the largest banks continue. Fed Governor Daniel Tarullo...Tags: Sherrod Brown, Federal Reserve, Finance, David Vitter, Economy, Business and Finance
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Citizens Bank customers could be entitled to refunds
Watchdog with Paul MuschickFederal banking authorities announced Tuesday that Citizens Bank and one of its affiliates, RBS Citizens, have settled investigations into their overdraft protection programs and checking reward programs. About 340,000 customers will get a total of... -
U.S. regulators punish RBS Citizens for overdraft issues
ReutersWASHINGTON, April 30 (Reuters) - U.S. bank regulators said on Tuesday they ordered RBS Citizens to pay a $5 million penalty to resolve issues with its overdraft and rebate programs. The Office of the Comptroller of the Currency said it also ordered RBS...
May 19, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Reuters
May 14, 2013
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May 14, 2013
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May 14, 2013
|Story| Los Angeles Times
May 10, 2013
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May 8, 2013
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May 6, 2013
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May 3, 2013
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May 3, 2013
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Apr 30, 2013
| Allentown Morning Call
Apr 30, 2013
|Story| Reuters
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