By Hannah Lang (Reuters) -Wells Fargo & Co will pay fines of about $97.8 million for inadequate oversight of its compliance risks, enabling the apparent violation of U.S. sanctions against…
By Sarah Young LONDON (Reuters) – Britain’s Gambling Commission has handed a 19.2 million pound ($23.7 million) fine to the William Hill betting group, the biggest penalty ever issued by…
By Kanishka Singh WASHINGTON (Reuters) – U.S. House of Representatives Financial Services Committee Chairman Patrick McHenry said on Wednesday it was too early to tell if new legislation is necessary…
RONNA MCDANIEL: Widespread Bank Failures Highlight Biden’s Utter Incompetence Ronna McDaniel on March 18, 2023 Last week, America experienced the second and third-largest bank failures in our nation’s history. Of…
‘Uncle Sugar’: ‘Generous’ Spending During COVID Pandemic Led To Bank Failures, Bill Maher Says Harold Hutchison on March 17, 2023 HBO host Bill Maher said Friday that the inflation stemming…
(Reuters) – Pacific Western Bank, a unit of PacWest Bankcorp, said on Friday it had witnessed ‘elevated’ withdrawals following the collapses of Silicon Valley Bank and Signature Bank, but deposit…
WASHINGTON (Reuters) – The top regulatory officials for the Federal Reserve and Federal Deposit Insurance Corporation will testify before a House panel on March 29 to discuss the recent failures…
(Reuters) – Ratings agency Fitch said on Thursday that direct exposures to Silicon Valley Bank <SIVB.O> and Signature Bank among its portfolio of rated banks in the Asia-Pacific (APAC) region…
‘We’ve Got Some Cleanup To Do’: Former FDIC Chair Says There Will ‘Probably’ Be More Bank Failures Harold Hutchison on March 15, 2023 A former chairman of the Federal Deposit…
Abbott Admin Is Taking Over Texas’ Largest School District Due To Repeated Academic Failures Reagan Reese on March 15, 2023 Republican Texas Gov. Greg Abbott’s administration is taking over the…
By David Randall NEW YORK (Reuters) – Mutual funds managed by Morgan Stanley, Fidelity, and BlackRock appear to be among the most exposed to the collapse of Silicon Valley Bank…
JENNY BETH MARTIN: House Republicans Are Making It Impossible For Biden To Hide His Border Failures Jenny Beth Martin on February 3, 2023 House Republicans, in the majority for the…
By Eric Onstad LONDON (Reuters) – Lead is expected to outperform other metals over the coming months as cold weather is likely to force consumers to replace auto batteries and…
SHEFFIELD: While Biden Blames Others For His Failures, America’s Economy Continues To Nosedive Carrie Sheffield on September 2, 2022 It’s official, America’s job market is slowing down, and we have…
(Reuters) – JPMorgan Chase & Co will have to pay an $850,000 penalty to the U.S. Commodity Futures Trading Commission (CFTC) for allegedly failing to report certain foreign currency swaps,…
LONDON – The Financial Reporting Council has fined accounting firm PwC around 5 million pounds ($6.22 million) as part of a package of sanctions following an investigation into audit failures…
By Huw Jones LONDON – Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS in recent years hit thousands…
By Josh Smith SEOUL – It is unclear if the apparent failure of a missile launch on Wednesday dealt a lasting blow to North Korea’s plans, but analysts say failures…
TRENTON, NJ – With gas prices soaring at the pump across New Jersey, you might be wondering why? The same goes with food, energy costs and the rising rate of…
By David Shepardson WASHINGTON – The Federal Aviation Administration (FAA) said on Wednesday it is finalizing three safety directives for some grounded Boeing 777 planes with Pratt & Whitney 4000…
By William James, Kylie MacLellan and Elizabeth Piper LONDON -British Prime Minister Boris Johnson faced renewed calls to resign on Monday after a report found that alcohol-fuelled events at his…
Samantha Renck on December 15, 2021 Democratic Illinois Sen. Dick Durbin interrupted Heritage Foundation legal fellow Amy Swearer during her opening statement at a recent hearing titled “Combating Gun Trafficking…