BankingIndustry News

Citibank Raised Veterans’ Rates After Active Duty, Suit Says, according to Law360

From Law360: By Bonnie Eslinger (September 23, 2022, 6:30 PM EDT) -- Citibank N.A. has been hit with a proposed class action by four U.S. veterans claiming the bank deprived eligible servicemembers of promised low...

Take action against Citibank: Citi says sterling-dollar parity is possible as UK risks currency crisis

From CNBC: LONDON — The U.K. risks a currency crisis that could see sterling reach parity with the dollar, according to analysts at Citi. The U.K. government announced the most significant program of tax cuts in...

SF office tower leased to Wells Fargo shopped for sale, according to The Real Deal

From The Real Deal: A 33-story office tower in San Francisco’s Financial District with a renewed lease by Wells Fargo bank is for sale at an undisclosed price. Columbia Property Trust and Allianz Real Estate of...

Take action against Wells Fargo: Wells Fargo Accuses Former Lawyer of Taking Secrets to New Firm

From Bloomberg Law: Wells Fargo accused a former senior in-house counsel of taking trade secrets and other confidential information to a competing financial services firm called DayMark Wealth Partners in a lawsuit filed Tuesday in...

Take action against Chase Bank: Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress

From CNBC: The CEOs of the biggest U.S. retail banks, including JPMorgan Chases Jamie Dimon and Wells Fargos Charlie Scharf, are set to testify before the Democrat-led House Financial Services Committee. The hearing is called "Holding...

Law360 reports Wells Fargo Sues To Foreclose NYC Hotel’s $275M Mortgage

From Law360: By Charlie Innis (September 20, 2022, 5:44 PM EDT) -- Wells Fargo is seeking to foreclose on a $275 million mortgage for a 28-story hotel near Manhattan's Times Square, telling a New York...

JP Morgan Chase, Ex-Worker Wrap Up Disability Bias Suit, says Law360

From Law360: JP Morgan Chase and an ex-worker accusing the bank of illegally failing to accommodate her mental disabilities and firing her when she complained told a Texas federal court they wanted to... Continue...

Wells Fargo news: Fed should hike interest rate rates 150 basis points: Wells Fargo

From CNBC: It's a move that would likely cause panic on Wall Street. But Wells Fargo Securities' Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC's "Fast Money" he would seriously consider...

Latest news

Comcast Defeats Exec’s ‘Gay Pay Gap’ Bias Suit, says Law360

From Law360: A Pennsylvania federal judge threw out a gay Comcast executive's suit accusing the telecommunications company of paying...

Latest PayPal customer news: Debbie Collier murder: Daughter who received $2.3K Venmo before mom’s murder has criminal history

From Fox News: Fox Nation host Nancy Grace discusses the death of a Georgia mother whose body was recently found. Georgia...

Law360 reports AT&T, Verizon Tax Tiff With Mo. City Sent Back To State Court

From Law360: A federal judge sent a license tax dispute between Missouri's capital city and 21 telephone companies back...