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By Jesse Hamilton, Bloomberg |
January 18, 2013
HSBC Holdings Inc. has signed a $249 million accord to settle claims of improper U.S. foreclosures, joining 12 other mortgage servicers in a deal that now exceeds $9 billion, according to banking regulators.
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By Dawn Kopecki, Hugh Son and Zachary Tracer, Bloomberg |
January 16, 2013
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon had his pay cut in half after a review of losses at the bank’s chief investment office found he bears responsibility for the blunders.
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By Dawn Kopecki |
January 13, 2013
JPMorgan's board may consider releasing an internal report this week that faults CEO Jamie Dimon’s oversight for a loss of more than $6.2 billion on botched trades.
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By Jesse Hamilton, Bloomberg |
January 7, 2013
Ten of the largest U.S. mortgage servicers will pay a combined $8.5 billion under an agreement that will end case-by-case reviews of foreclosure-abuse claims stemming from a 2011 deal with regulators.
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By Press Release |
September 14, 2012
Speaking at the American Banker Regulatory Symposium, Under Secretary for Domestic Finance Mary Miller reflected on what the country experienced as it went through the 2008 financial crisis and how it is emerging from it now.
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By Press Release |
June 29, 2012
OCC and The NASDAQ OMX Group, Inc. announced today that NASDAQ OMX BX OptionsSM has become an OCC participant exchange.
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By Nina Mehta, Bloomberg |
April 27, 2012
BOX Options Exchange LLC, partially owned by seven brokers, won approval today to become a U.S. securities exchange.
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By Press Release |
August 8, 2011
The OCC responds to S&P's downgrade to AA+