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Bank of America (BAC) will pay Fannie Mae $3.6 billion to settle claims in connection with mortgage loans the bank sold to Fannie over a nine-year period starting in January 2000.
January 7 -
Global central bank chiefs gave lenders four more years to meet international liquidity requirements and watered down the measures in a bid to stave off another credit crunch.
January 7 -
Fourteen of the nation's biggest banks are expected to pay a combined $10 billion to settle allegations they mishandled foreclosures that followed the housing crisis.
January 7 -
GOP Sens. Dean Heller and Tom Coburn have been appointed to the Senate Banking Committee in the new Congress.
January 4 -
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January 4 -
As the Financial Stability Oversight Council works through its checklist of jobs mandated by the Dodd-Frank Act and continues a project to spur reform of the money market mutual funds, the big question is: What will the interagency body focus on next?
January 4 -
WASHINGTON — Sen. Michael Crapo, R-Idaho, who is widely expected to serve as ranking member on the Senate Banking Committee in the new Congress, pleaded guilty to a misdemeanor drunken driving charge on Friday.
January 4 -
The former head of the House Financial Services Committee has expressed interest in temporarily filling in for Sen. John Kerry, who has been nominated to become the next U.S. Secretary of State.
January 4 -
Shannon McGahn, who worked with the Financial Services Committee during the Dodd-Frank debate, will run the panel's staff.
January 4 -
GFA Federal Credit Union in Gardener, Mass., has completed its acquisition of Monadnock Community Bank.
January 4
