Dan Frahm News
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U.S. lenders including Bank of America Corp. still face years of litigation and billions of dollars in liabilities tied to the housing collapse after agreeing to settle a probe of abusive foreclosure practices.
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Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks reached a $25 billion settlement with 49 states and the U.S. government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.
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Hashing out the $25 billion settlement reached by Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks with 49 states required missing some football.
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Hashing out the $25 billion settlement reached by Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks with 49 states required missing some football.
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Hashing out the $25 billion settlement reached by Bank of America Corp., JPMorgan Chase & Co. and three other U.S. banks with 49 states required missing some football.
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Rajat Gupta, the ex-Goldman Sachs Group Inc. director accused of giving inside information to fund manager Raj Rajaratnam about that company and Procter & Gamble Co., may face additional allegations he passed tips, prosecutors said.
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California, New York, Nevada, Florida and Massachusetts are among the states that haven’t signed off on a settlement with banks over foreclosure abuses, according to state officials and two people familiar with the talks.
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California, New York, Nevada, Florida and Massachusetts are among the handful of states that haven’t signed a deal with banks over foreclosure abuses, according to state officials and two people familiar with the talks.
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China’s decision to allow Citigroup Inc. to issue credit cards in its own name may signal a step toward the government in Beijing opening its banking industry.
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Nevada Attorney General Catherine Cortez Masto said she won’t decide by today’s deadline whether to join a nationwide settlement with banks over foreclosure practices.
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