A proposed court settlement closes another chapter in the German bank’s relationship with the disgraced financier, which began in 2013 and continued up until late 2018.
Tag: Banking and Financial Institutions
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Former SVB CEO Tells Senate He Is ‘Truly Sorry’ for Collapse but Deflects Blame
Senators derided Gregory Becker at a hearing about the failure of his bank. “It sounds a lot like ‘my dog ate my homework’,” one said.
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Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders
A group of plaintiffs had claimed that the bank misled investors about its progress in cleaning up after a sham accounts scandal a decade ago.
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Goldman Sachs to Pay $215 Million to Settle Gender Bias Suit
The lawsuit accused the Wall Street bank of hindering women’s career advancement and paying them less than their male colleagues.
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Are Republicans Willing to Raise the Debt Ceiling?
President Biden is offering a reasonable path to resolve the latest debt ceiling standoff. Are Republicans willing to take it?