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Emily Flitter
Posts
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As Home Insurance Bills Go Up, Owners’ Coverage Is Going Down
Frequent natural disasters and high inflation have led insurers to raise premiums, and forced many customers to pare back their policies.
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Banks Sue Regulators Over Anti-Redlining Rule
A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do business in underserved communities.
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What Is the Basel III Endgame, and Why Are Banks So Upset About It?
Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.
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Citi Executive Sues the Bank Over Sexual Harassment
Ardith Lindsey, a managing director, is accusing the bank of tolerating a culture in which managers sexually harassed her.
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U.S. Case Details Binance’s Knowledge About Criminal Users
The crypto exchange treated them as essential customers, the government said. U.S. authorities want the industry to understand how bad that is for business.
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Citigroup Discriminated Against Armenian-Americans, Regulator Says
The bank agreed to pay nearly $26 million to settle claims that its employees denied an immigrant community in Southern California fair access to its...
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Frustrated With New Rules, Bank Lobbyists Are Making Their Fight Public
Banking trade groups are using legal action and public campaigns to push back on rules they say go too far.
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Seeking the ‘Right’ Customers, an Insurer Is Accused of Discrimination
Erie Insurance defends its practice of telling agents to use subjective factors when judging a potential customer. Maryland regulators say the company sought to exclude...
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Government Shutdown May Hurt Home Sales in Flood-Prone Areas
Congress funds a flood insurance program that many home buyers in risky areas rely on. The money is about to run out, a real estate...
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Federal Court Says Consumer Watchdog Can’t Check Banks for Discrimination
A Texas judge’s sweeping ruling says the Consumer Financial Protection Bureau exceeded its authority in trying to examine banks for uneven treatment.