Bank of America accused of opening fake accounts and charging illegal junk fees
Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations of various consumer financial protection laws.
2023-07-11 23:53
Bank of America to pay $250 million over junk fees, other issues
By Chris Prentice (Reuters) -Bank of America on Tuesday agreed to pay $250 million in fines and compensation to settle
2023-07-11 22:58
Brazil's Ebanx partners with Nubank to offer payment service to customers
By Carolina Pulice MEXICO CITY Brazilian financial technology company Ebanx said on Tuesday it has signed a deal
2023-07-11 21:24
US banking giants to report higher profits even as dealmaking drags
By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK Wall Street banks are expected to report higher
2023-07-11 18:17
Jenin: Palestinian boy killed during Israeli assault was unarmed - family
It comes after videos emerge of the moment the 16-year-old was killed during an Israeli assault.
2023-07-11 07:28
Morgan Stanley hires JPMorgan's North America M&A head -sources
By Svea Herbst-Bayliss and Anirban Sen (Reuters) -Morgan Stanley has hired senior investment banker Marco Caggiano from JPMorgan Chase &
2023-07-11 01:28
World Bank chief names CEOs to aid climate finance 'lab' effort
By David Lawder WASHINGTON The World Bank on Monday named the 15 chief executive officers including financiers and
2023-07-11 01:20
Bank of Israel pauses rate hikes but warns further rises possible
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -The Bank of Israel left short-term borrowing rates unchanged on Monday for
2023-07-11 00:59
Top Fed official proposes higher capital limits for larger banks
Federal Reserve Vice Chair for Supervision Michael Barr said Monday he is proposing stricter bank capital requirements in light of three major US bank failures earlier this year.
2023-07-10 23:23
Bank of Canada seen hiking rates quarter point to tame stubborn inflation
By Steve Scherer OTTAWA The Bank of Canada (BoC) is heading toward a second consecutive quarter-point interest rate
2023-07-10 18:21
SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial Group, which formerly owned bankrupt Silicon Valley Bank has sued the U.S. Federal Deposit Insurance (FDIC)Corporation
2023-07-10 11:57
Argentina inflation seen at 142% this year, down from previous poll
BUENOS AIRES Expectations for galloping consumer prices in Argentina remain solidly in triple-digit territory, a monthly analyst poll
2023-07-08 07:26