BankingIndustry News

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...

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...

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...

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...

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...

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...

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...

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...