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Three unnamed "senior" employees helped the SEC win a $415 million settlement from the bank; Sherborne Investors takes a 5.2% stake in the British bank.
By George YacikMarch 20 -
The bank is the latest to report required pay discrepancies in their British units; the DOJ and SEC are looking into sales practices at the bank’s wealth management unit.
By George YacikMarch 19 -
House Republicans want more aggressive changes to Senate’s Dodd-Frank rollback bill; papers scrutinize the heir apparent to Lloyd Blankfein.
By George YacikMarch 16 -
The measure easily passes with a two-thirds majority; Wells Fargo CEO's pay up by a third, but no cash bonus.
By George YacikMarch 15 -
Smaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role.
By George YacikMarch 14 -
Investment banker appears to be the choice to succeed to Lloyd Blankfein; CNBC commentator is being vetted as chief White House economic adviser.
By George YacikMarch 13 -
Goldman Sachs CEO Lloyd Blankfein is reportedly considering leaving by the end of this year; American Express plans to reduce its merchant fees to stay competitive.
By George YacikMarch 12 -
Federal Reserve warns that nonbank lenders pose risks to the financial system; Swift says the technology needs more work.
By George YacikMarch 9 -
Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders.
By George YacikMarch 8 -
Economic adviser leaves after President Trump announces steel tariffs; Senate votes to begin debating Dodd-Frank changes, which are expected to pass later this week.
By George YacikMarch 7 -
The online retailer wants to offer customers checking accounts but won’t become a bank; Quarles says the rule is too complex and “not working well.”
By George YacikMarch 6 -
The bill would raise the threshold to $250 billion for SIFI banks; small banks that lowered credit standards to attract customers are paying the price.
By George YacikMarch 5 -
The bank overcharged some customers and some received inappropriate investment advice; 2.4 million more people were affected by the breach.
By George YacikMarch 2 -
Regulator asks three banks for information on dealings with president’s son-in-law; Both interfered with the bank’s investigation into an executive’s behavior.
By George YacikMarch 1 -
Powell says he backs raising the SIFI threshold and easing capital requirements for big banks; Mulvaney says agency will weigh costs of compliance for lenders.
By George YacikFebruary 28 -
The bank will serve the state’s three largest cities; the head of the unit that failed to pay retirement benefits to 13,500 people is leaving March 1.
By George YacikFebruary 27 -
Citi will refund $335 million to cardholders whose rates weren’t lowered; customers had trouble with BB&T’s online and phone services and ATMs.
By George YacikFebruary 26 -
Bank of America warns of “substantial” costs from cybercurrencies; First National Bank of Omaha knuckles under to a “barrage” of complaints.
By George YacikFebruary 23 -
Process would protect taxpayers from bailing out failed banks; bank plans to raze its midtown Manhattan headquarters and build a 2.5 million sq. ft. edifice on the site.
By George YacikFebruary 22 -
The U.S. Supreme Court refuses to hear an appeal by hedge funds; South Korea’s leading cybercurrency regulator dies of heart attack.
By George YacikFebruary 21
















