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Business Mag Search: Banks
Wells Fargo Paying $3 Billion To Settle U.S. Case Over Fraudulent Customer Accounts
The bank agreed to settle charges brought by the Justice Department and the Securities and Exchange Commission over accounts, debit cards and other products that customers did...
26 minutes ago - NPR - 13 articles
Fed's Brainard Calls for inflation strategy
Federal Reserve Governor Lael Brainard on Friday called for the adoption of new strategies by the central bank to achieve its 2% inflation goal and fight off future recessions.
26 minutes ago - Finance Commerce
Wells Fargo reaches $3 billion settlements related to fraudulent sales practices
Wells Fargo & Company today announced that it has entered into agreements with the United States Department of Justice and the United States Securities and Exchange Commission...
26 minutes ago - Fortune - 13 articles
2020 Marketing Trends for the Financial Services Industry
We always talk about the constant change and evolution of marketing trends and strategies that this time, we also want to highlight how equally important it is to keep up with...
36 minutes ago - Business 2 Community
The Price of Wells Fargo's Fake Account Scandal Grows by $3 Billion
The bank reached a settlement with federal prosecutors and the Securities and Exchange Commission after abusing customers.
46 minutes ago - NY Times - 13 articles
Wells Fargo to pay $3 billion to U.S. authorities to resolve probe into fake accounts
Wells Fargo & Co and one of its units will pay $3 billion to resolve criminal and civil probes into years of fraudulent sales practices, U.S. authorities said on Friday...
56 minutes ago - Reuters - 13 articles
Wells Fargo to pay $3B to resolve probes into fake accounts
NEW YORK - Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil investigations into a long-running practice whereby company employees opened millions of...
1 hour ago - Chron - 6 articles
In next downturn, Fed may opt for quick, strong action
In the next economic downturn, the Federal Reserve and other central banks may need to roll out their big guns sooner and add new bazookas to their recession-fighting arsenals...
1 hour ago - Reuters
UniCredit may make announcement soon on CEO Mustier's future: sources
Italy's biggest bank UniCredit may make an announcement as early as Friday night on the future of boss Jean Pierre Mustier, two sources familiar with the matter said, after...
2 hours ago - Reuters
U.S. authorities to announce deal over Wells Fargo's sales practices scandal: sources
U.S. authorities will soon announce a settlement related to Wells Fargo's multi-year sales practices scandal, according to two sources familiar with the matter, wrapping up one...
2 hours ago - Reuters - 13 articles
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The Czinger 21C is a 1,250-horsepower, $1.7 million hybrid from an LA...
LA-based car startup Czinger has announced the full details of its 21C, a hybrid supercar set to debut at the Geneva International Motor Show next month. The 21C is equipped...
Shifting Gears: Peeking behind the curtain at Uber and SpaceX
This week brought new details about the inner workings of two high-profile tech companies: Uber and SpaceX. The former saw the release of a book by a former employee, Susan...
US business activity falls for the first time since 2013 amid the...
The IHS Markit purchasing managers' index fell 3.7 points to 49.6 on Friday. The index measures composite output at factories and service providers. Any reading below 50...
Facebook has reportedly shown users 1.5 billion Bloomberg 2020 ads, more...
Facebook users have seen more than twice as many ads from Bloomberg's campaign in 2020 than from all his opponents combined, according to a new report from The Guardian . The...
These flannel shirts are made from recycled plastic and tree nuts, and...
Outdoor startup United By Blue recently launched a collection of flannels for men and women called Responsible Flannels . United By Blue Responsible Flannels are sustainably...
Warren Buffett just became the longest-serving CEO of an S&P company. Take a...
Leslie Wexner, the CEO and founder of Victoria's Secret's parent company L Brands, recently announced that he would be stepping down after 57 years on the job. He had the...
A tiny biotech's huge bet on a heart pill abandoned by Big Pharma just paid...
Esperion Therapeutics just got its first heart drug approved in the US, and the CEO told Business Insider the company is pricing the cholesterol-lowering medication at around...
Deere sees some stability on farms in bruising trade fight
Deere had a surprisingly strong first quarter after an extended period in which it was bruised by the ongoing trade war between the United States and China.
I got hit with a $10,000 tax bill this year, but my 3-prong money management...
After filing my taxes this year, I got hit with a surprise bill for just over $10,000 from the IRS. I didn't panic, though, because I'd planned ahead for my taxes as part of my...
A $810 million lawsuit looms over NYC. The state's attorney general claims...
New York's Attorney General, Letitia James, intends to sue the City of New York for $810 million claiming the city defrauded taxi drivers for more than a decade. James alleges...