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The $2.1 billion settlement is likely to be the last of the big toxic mortgage cases from the financial crisis; the move pressures rivals to lower prices.
August 2
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The nine CUs will together pay a total of $3,109 to the U.S. Treasury.
July 18
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The Swiss bank allegedly hired Chinese officials’ friends and relatives to win business; JPM asked “several dozen” employees to consider moving from London.
July 6
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The payments company said it plans to spend $1 billion to $3 billion a year on acquisitions; NYS fines bank $205 million.
June 21
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Jelena McWilliams said the agency will ask banks what's working and what's not; the acquisition of Hyperwallet Systems lets PayPal offer more services.
June 20
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Security Group was fined $5 million for abusive collection tactics; the Dutch payments company is now valued at nearly $16 billion.
June 14
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Agency says it wants “smaller memberships to ensure streamlined discussions;” the bank hired a U.K. firm to help it better defend against cyberattacks.
June 7
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UniCredit and Société Générale are discussing a merger; Revolut also plans to launch its mobile service in the U.S. this summer.
June 5
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JPMorgan and Santander show off their uses for the technology; commercial and industrial loans outstanding are rising.
May 17
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This would be the bank’s first foray into credit cards; Wells Fargo says it won’t be able to comply with Fed requirements before next year.
May 11
