FDIC settles with PwC for $335 million on audits of crisis-era bank failure

A small bank in West Virginia has become the first institution to fail during the coronavirus crisis, the Federal Deposit Insurance Corp.....»»

Federal prosecutors have indicted another four people in an alleged multiyear, $31 million embezzlement scheme that preceded the 2017 .....»»

The German lender set aside 260 million euros ($282 million) to deal with potential loan losses as a result of the coronavirus crisis, as the bank as it reported its first-quarter results in full......»»

The FDIC and others are making a push to sign Americans up for bank accounts so they can get their stimulus checks faster and develop and long-term relationships with banks......»»

The FDIC and others are making a push to sign Americans up for bank accounts so they can get their stimulus checks faster and develop and long-term relationships with banks......»»

A small bank in West Virginia has become the first institution to fail during the coronavirus crisis, though the bank had been experiencing difficulties since 2015 and its 2019 capital levels were too low, the Federal Deposit Insurance Corp......»»

Regulators closed Enloe State Bank in Cooper, Texas, on Friday, the first U.S. bank to fail in 17 months. The most recent bank failure in St. Louis was in 2012. The Federal Deposit Insurance Corp. (FDIC) was appointed receiver and sold Enloe’s i.....»»

The bank agreed to pay $5 million to settle a class-action lawsuit from male employees who alleged they were denied access to the same paid parental leave as mothers......»»

One of the drugmakers named in Oklahoma's lawsuit over the opioid crisis has agreed to a settlement in which it will pay the state $85 million......»»

There was a time when in the years following the financial crisis, every Friday the FDIC would report of one or more small and n.....»»

Australia has become mired in a currency crisis of its own making. The RBA confirmed Thursday that 46 million new A$50 bank notes have been printed wi.....»»

The landmark lawsuit against Purdue Pharma alleged that the company fueled the deadly opioid epidemic. The settlement keeps Purdue from having to participate in the first major litigation over the crisis......»»

A .....»»

Royal Bank of Scotland says it has tentatively agreed to pay $4.9 billion to settle U.S. Department of Justice claims that it misled investors over the sale of mortgage-backed securities before the 2008 financial crisis......»»

Royal Bank of Scotland has agreed to pay $4.9 billion to settle U.S. claims that it misled investors who bought securities backed by risky mortgages before the 2008 financial crisis. .....»»

Royal Bank of Scotland has agreed to pay $4.9 billion to settle U.S. claims that it misled investors who bought securities backed by risky mortgages before the 2008 financial crisis. .....»»

Is Deutsche Bank Going The Way Of Krispy Kreme? Now On The FDIC Watchlist. Deutsche Bank Was $119 a share in 2007, now only $11. Money for nothing – Italy monetizes (creates) 500 million out of nowhere. Will democrats at [….....»»

(Reuters) - Wells Fargo & Co said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts......»»

Wells Fargo said Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phoney bank accounts......»»

A federal judge awarded the Federal Deposit Insurance Corporation the maximum damages possible, $625.3 million, on Monday for PricewaterhouseCoopers' negligence in auditing Colonial Bank. Coloni.....»»