Big Banks Are Going to Close Several More Branches
Big banks such as Bank of America and Wells Fargo are going to close several more branches. Latest banking news and updates.
Wells Fargo Agrees to Pay $1 Billion in New Lawsuit
Wells Fargo has agreed to pay shareholders $1 billion to settle a new class action lawsuit after its 2016Â fake-accounts scandal.
SEC Scraps Vote for Hedge Fund Transparency Rule
The SEC scrapped plans to vote on a rule that would have increased regulators’ visibility into financial risks at some hedge funds.
Credit Suisse Was Bailed but Clients Keep Pulling Out Money
Credit Suisse was bailed out but clients continue to pull out money. The bank was given a lifeline but trust has been broken.
SVB Distributed Bonuses Hours Before Bank Collapsed
Silicon Valley Bank gave company-wide bonuses hours before it collapsed. Here are the latest banking news and updates.
