PORTLAND, Ore. -
Twenty-eight-year-old Cori Godin pleaded guilty to using several false Social Security numbers to open accounts, then draw checks on the accounts despite insufficient funds.
Among the institutions at which she opened accounts: Salmon Falls Community CU, Ocean Communities FCU, York County FCU, as well as Ocean National Bank, TD Banknorth, Kennebunk Savings Bank, Biddeford Savings Bank and Bank of America.
The $736 million Orange County bank had faced a smattering of enforcement actions over the years, including for concentration risks, governance issues and questionable insider transactions.
As the U.N. renews its call for $1.3 trillion a year in climate finance, four leaders in climate finance say the biggest question for advisors is where that money goes.
The National Association of Insurance Commissioners responded to a query from Sen. Elizabeth Warren about risks to policyholders stemming from private-equity ownership of life insurers.
The platform had a lawsuit filed against it by New York officials this week as the latest in a series of cases against prediction markets on the state level.
The Canadian bank's U.S. operations experienced challenges following a large acquisition on the West Coast. But the bank is now making good progress, according to a top BMO executive.
As AI threatens firms' lucrative business managing uninvested cash, Schwab gives its RIA partners a new way to keep clients' cash holdings sticky.
