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Wells Fargo has fired its consumer credit solutions head and three other senior managers for actions related to a scandal involving employees creating fraudulent customer accounts.
February 21
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The Pittsburgh company is acquiring the U.S.-based commercial and vendor-finance operations of ECN Capital.
February 21
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Citigroup agreed to pay a penalty of almost $5.4 million to settle a South African antitrust investigation that said it participated in an alleged cartel to manipulate the value of the rand.
February 21
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Chief Executive Officer Stuart Gulliver is still battling to reverse five years of declining revenue as he pares back HSBC’s sprawling global footprint and reduces expenses.
February 21
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In addition to transforming Columbia Banking System and navigating it through the financial crisis, Dressel was an industry leader.
February 21
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First half: Brett King says the OCC fintech charter is overdue. Second half: fintech and refugees.
February 20
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Michael Corbat is getting a pay cut for a year when Citigroup's profit fell 14% and return on assets failed to meet his 2016 target.
February 17
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The mortgage servicer will pay at least $25 million in cash and provide some $200 million in debt relief to borrowers to resolve a range of alleged violations. But Ocwen will also be allowed to resume acquiring servicing rights in the nation's largest state.
February 17
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The Federal Home Loan Bank of Chicago's mortgage originations rose sharply in 2016 thanks to a reintroduction of its traditional Mortgage Partnership Finance loan product.
February 17
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The number of new checking accounts at the embattled Wells Fargo fell by double digits year over year, and account closures remained brisk. Yet the figures on credit card applications were worse.
February 17
