by Beth Holmes | Jul 22, 2023 | Companies, News
Deceptive practices by Bank of America against hundreds of thousands of customers have resulted in over $250 million in penalties. On Tuesday, the Consumer Financial Protection Bureau (CFPB) issued a statement about their findings against the second-largest bank in...
by Admin | Mar 22, 2019 | Companies, News
Large financial institutions have a long-standing reputation for being greedy corporations, amassing huge profits at the expense of the consumers they supposedly serve. And, fair or not, once you’ve earned that reputation, it’s a difficult one to shake. One big bank...
by Admin | May 17, 2017 | Companies, News
In another blow to the scandal-plagued bank, the City of Philadelphia is suing Wells Fargo & Co., accusing the bank of violating of the federal Fair Housing Act by discriminating against minority applicants applying for mortgages. The city is accusing Wells Fargo...
by Admin | Nov 18, 2013 | Companies, News
Warren Buffett goes by many titles: the Oracle of Omaha, CEO of Berkshire Hathaway, a multimillionaire value investor, an incredible philanthropist. His successful career has been made up of hard work and intelligent decisions. Investors are constantly wondering,...
by Admin | Jul 29, 2013 | News
Elizabeth Warren launched a campaign recently week to make banking “boring”. Warren took to the Twitterverse and her political followers to rally support for the 21st Century Glass-Steagall Act, which would reinstate a previous law that separated personal bank...
