The New York Times Deal Book Articles

Big Banks Lose Bid to Halt Crisis-Era Lawsuits

The Supreme Court has rebuffed an effort by some of the country’s largest banks to halt several financial crisis-era lawsuits that could result in tens of billions of dollars in legal costs.

Big Banks Lose Bid to Halt Crisis-Era Lawsuits

The Supreme Court has rebuffed an effort by some of the country’s largest banks to halt several financial crisis-era lawsuits that could result in tens of billions of dollars in legal costs.

California Suspends Ties With Wells Fargo

Citing Wells Fargo’s “venal abuse of its customers,” the California treasurer took the unusual step on Wednesday of suspending many of its ties with the San Francisco bank as it continues to reel from the scandal over the creation of as many as two million unauthorized bank and credit card accoun

Deutsche Bank Denies Seeking Germany’s Help in U.S. Dispute

On a day that its shares tumbled to a record low, Deutsche Bank tried to shore up confidence among its investors on Monday, saying that it had not sought assistance from the German government on a dispute with United States authorities.

Subprime Lender, Busy at State Level, Avoids Federal Scrutiny

The payday lending industry is bracing for a regulatory crackdown. One of its rivals is not.

Why No Punishment for Financial Executives? Fannie Mae Is Case Study

Few executives have faced the punishment of prison and fines for misdeed stemming from the financial crisis.

Penalty Against Bank of America Overturned in Mortgage Case

A federal appeals court dealt a blow to the federal government’s effort to hold Bank of America accountable for the sale of shoddy mortgages before the financial crisis, overturning a $1.27 billion penalty the bank had been ordered to pay in the so-called hustle case.

Fizzled Goldman Sachs Cases Put SEC in Harsh Light

The Securities and Exchange Commission is supposed to be Wall Street’s top cop, charged with protecting investors while it ensures that brokers and bankers adhere to the rules.

Lawmakers Urge Greater Care With Sales of Distressed Mortgages

Dozens of lawmakers sent a letter on Tuesday to housing regulators urging them to disqualify aggressive investors from the sales of distressed mortgages by the Federal Housing Administration, Fannie Mae and Freddie Mac, and asking them to provide more details about loan sales and their outcomes.

Proposed Legislation Would Add Scrutiny of Wall Street Regulators

A congressional effort to put regulators under the microscope when they write new rules for Wall Street is gaining momentum, potentially creating new obstacles to the closer oversight of financial risk taking.

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