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CATEGORY

Banking and Financial Institutions

Retired Doctor’s Protest Gets Attention of Spanish Banks

MADRID — Because he has Parkinson’s disease, and his shaking hands make it hard for him to push buttons, Carlos San Juan de...

Rival Sept. 11 Victims Near Potential Deal to Divide Afghan Central Bank Assets

WASHINGTON — At least six major groups of victims of the Sept. 11, 2001, attacks have struck a tentative deal to divide about...

Wall Street bonuses jumped 20 percent to a record, but the boom may be short-lived.

Bankers racked up their highest bonuses ever in New York last year, but their good fortune may be running out.Employees in New York...

A Black homeowner is suing Wells Fargo, claiming discrimination.

A Black homeowner who recently sought to refinance his mortgage with a new loan from Wells Fargo is suing the bank, claiming racial...

How Roman Abramovich Used Shell Companies and Wall Street Ties to Invest in the U.S.

In July 2012, a shell company registered in the British Virgin Islands wired $20 million to an investment vehicle in the Cayman Islands...

Citigroup Will Pay Travel Costs for Employee Abortions in Response to Texas Law

Citigroup says it has begun covering travel expenses for employees who seek abortions after a Texas law imposed the most restrictive limits in...

BNY Mellon Says Russian Sanctions May Cost It $200 Million

BNY Mellon, a New York bank that tracks and holds assets for many big institutions, may lose as much as $200 million in...

Bank of England Raises Rates for Third Time to Fight Inflation

The Bank of England raised interest rates to their prepandemic level on Thursday in an effort to combat rapidly accelerating inflation that has...

USAA is fined $140 million for bad money laundering controls.

Federal regulators have fined USAA Federal Savings Bank, a century-old institution that mainly does business with members and veterans of the U.S. military,...

Why the Fed Raised Interest Rates

Prices for groceries, couches and rent are all climbing rapidly, and Federal Reserve officials have been warily eyeing that trend.On Wednesday, they took...

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