September 27, 2023
Via: Bank DirectorThe RECOUP Act (S.2190), which passed the Senate Banking Committee in June by a bipartisan 21-2 vote, would greatly expand the federal bank agencies’ authority to remove and permanently ban officers from the banking industry if it becomes law. While […]
February 8, 2022
Via: Banking DiveJPMorgan on Monday refuted claims that it is robo-signing documents. Such allegations are “just false,” Tom Kelly, a spokesman for the bank, told Bloomberg on Monday. Trained employees review every affidavit before they are filed in court, and the bank […]
September 19, 2016
Via: The New York TimesWells Fargo’s chief executive, John Stumpf, will face questions on Tuesday from the Senate Banking Committee over the widespread creation of sham banking accounts and credit cards by bank employees trying to meet strict sales goals. Mr. Stumpf has said […]
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