News

The bureau was to monitor Bank of America for five years in connection with a $12 million penalty it paid for allegedly ...
The U.S. Federal Trade Commission said on Monday it had accepted a proposed consent order to resolve potential ...
The consent order had followed up on a prior OCC action from 2018 that addressed similar problems at the bank. In 2021, Wells was hit with a $250 million civil money penalty for what the OCC called ...
In 2022, the U.S. Department of Justice, under then-President Joe Biden, entered into a court-ordered agreement with Lakeland Bank to halt redlining in Black and Latino neighborhoods in Newark and ...
Omnicom's $13.5 billion acquisition of rival Interpublic can move forward on the condition the new company does not enter agreements with others to steer ad dollars toward or away from publishers ...
Xpert Home Lending Inc., a fast-growing mortgage brokerage led by a former top account executive at United Wholesale Mortgage (UWM), has agreed to a sweeping consent order with the Washington State ...
Wells Fargo cleared its twelfth consent order since 2019 and moved closer to fixing longstanding regulatory issues that have kept the bank under an asset cap of $1.95 trillion.
Minneapolis Mayor Jacob Frey issued an executive order on Tuesday instructing the city to fully implement all reforms outlined in a federal consent decree weeks after its dismissal.