The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.
Category: Regulation and Deregulation of Industry
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Court Ruling Clears Path for Microsoft to Buy Activision
Microsoft could now complete its purchase of the video game giant as soon as this month, but it is still blocked from closing in Britain.
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Judge Rejects F.T.C. Delay of $70 Billion Microsoft-Activision Deal
Microsoft could now complete its purchase of the video game giant as soon as this month, but it is still blocked from closing in Britain.
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Blocked Rail Crossings Snarl Towns, but Congress Won’t Act
The industry has used its muscle to prevent federal, state and local governments from penalizing companies that park freight trains across roads for hours or days.
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When Trains Block a Road, Local Officials Have Few Options
The federal government has begun offering $3 billion for bridges and tunnels, but many local governments say they cannot take advantage of the money.
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Tracing Mining’s Threat to U.S. Waters
Environmental concerns are raised anew about potential contamination from Canadian open-mit mines flowing through the waterways into Montana’s lakes, harming fish.
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A Tiny Fish That Fuels a Healthy Atlantic Ecosystem Now Stirs Industry Debates
A mainstay of the commercial fishing industry, menhaden are the primary food source for all sorts of fish and birds along the Eastern Seaboard.
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The Fed’s Vice Chair for Supervision Suggests Big-Bank Regulation Changes
In a series of changes that has bank lobbyists on the defensive, Michael Barr is calling for higher bank capital and tougher annual stress tests.
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China Hits Ant Group with $985 Million Fine
After nearly three years of regulatory scrutiny, the fine is seen as a sign that Beijing is wrapping up its crackdown on technology firms.
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How the PGA Tour and Liv Golf Merger Could Collapse
The tentative agreement has been the talk of golf, but there is no guarantee the pact that aims to bring the tour and LIV Golf under one umbrella will overcome every threat.