Citi Allegedly Helped Mexico Launder Money in New Scandal
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Citi allegedly helped Mexico launder money after the Fed dropped an enforcement action after the bank cut ties from the country.
Visa Is Now Draining A Whopping $7 Billion From Customers
Visa is now draining a whopping $7 billion from customers in transactions fee, which has led to an investigation from the Justice Dept.
Wells Fargo Now Faces A Major Lawsuit For Cheating Customers
Wells Fargo now faces a major lawsuit for cheating customers, after it underpaid clients to 'enrich itself' at the expense of others.
The SEC Now Penalizes Two Massive Investment Banks
The SEC now penalizes two massive investment banks recovering more than $6 million of excess fees tied to options trading.
US Banks Now Hold 7x More Unrealized Losses Than 2008 Financial Crisis
US banks now hold 7x more unrealized losses than during the 2008 financial crisis, according to fresh data from the FDIC.