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Byline: Ken Sweet-AP Business Writer

08 Nov

Citigroup discriminated against Armenian Americans, federal regulator says; bank fined $25.9 million

published on November 8, 2023 - 2:05 PM

(AP) — Citigroup intentionally discriminated against Armenian Americans when they applied for credit cards, the Consumer Financial Protection Bureau said

20 Sep

Homeowners face rising insurance rates as climate change makes wildfires, storms more common

published on September 20, 2023 - 2:47 PM

(AP) — A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only

14 Aug

UBS to pay $1.44 billion to settle 2007 financial crisis-era mortgage fraud case, last of such cases

published on August 14, 2023 - 1:42 PM

UBS will pay U.S. authorities $1.44 billion to settle the last lingering legal case over Wall Street’s role in the

25 Jul

Banc of California to buy troubled PacWest Bancorp, which came close to failing earlier this year

published on July 25, 2023 - 2:18 PM

(AP) — The Banc of California has agreed to buy PacWest Bancorp in an all-stock transaction, bringing an end to

28 Jun

The largest US banks would survive a severe recession, the Fed’s ‘stress tests’ show

published on June 28, 2023 - 2:06 PM

The nation’s 23 largest banks passed the Federal Reserve’s so-called stress tests this year, a sign that the nation’s banking

13 Jun

Cases of check fraud escalate dramatically, with Americans warned not to mail checks if possible

published on June 13, 2023 - 2:39 PM

Check fraud is back in a big way, fueled by a rise in organized crime that is forcing small businesses

26 May

First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan

published on May 26, 2023 - 2:34 PM

About 1,000 employees of First Republic Bank are being let go about a month after it was seized by regulators and acquired

02 May

Bank stocks continue to fall following First Republic demise

published on May 2, 2023 - 2:30 PM

Regulators have barely written the epitaph for First Republic Bank, but investors on Wall Street have already moved onto speculating

20 Mar

New York Community Bank to buy failed Signature Bank

published on March 20, 2023 - 12:57 PM

(AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a

16 Mar

Big banks create $30B rescue package for First Republic

published on March 16, 2023 - 2:37 PM

(AP) — Eleven of the biggest banks in the country announced a $30 billion rescue package for First Republic Bank