Google Launches Android Pay, Its Mobile Payments Service in the US

Google Launches Android Pay, Its Mobile Payments Service in the US

By Anna Domanska - Sep 11, 2015

On Thursday, Google announced the official launch of Android Pay, a move to grab a chunk of the growing market for mobi...

Read More
Discover Financial Tops in JD Power's 2015 Credit Card Satisfaction Study

Discover Financial Tops in JD Power's 2015 Credit Card Satisfaction Study

By Christy Gren - Aug 22, 2015

In a setback for American Express, Discover has taken the title as America’s favorite credit card company. According t...

Read More
Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

By Anna Domanska - Oct 21, 2014

William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are c...

Read More
Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

By Christy Gren - Sep 17, 2014

Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose unit...

Read More
Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

By Carrie Ann - Aug 23, 2014

Goldman Sachs said on Friday that it has agreed to pay $3.15 billion, its largest bill yet to resolve a government laws...

Read More
Wall Street Millennial Bankers Wages to Rise Again: Sources

Wall Street Millennial Bankers Wages to Rise Again: Sources

By Carrie Ann - Aug 21, 2014

Wall Street banks are currently under pressure to improve working conditions of a new generation of bankers to fight def...

Read More
Bank of America agrees to pay $9.3 billion in FHFA settlement

Bank of America agrees to pay $9.3 billion in FHFA settlement

By Anna Domanska - Mar 27, 2014

Bank of America on Wednesday agreed to pay USD 9.3 billion to resolve a dispute over mortgage securities with the Federa...

Read More
Dropping Deutsche Bank Q1 Profit after Crisis Reduces Trading

Dropping Deutsche Bank Q1 Profit after Crisis Reduces Trading

By Dhwani Shah - Apr 26, 2012

Deutsche Bank AG reported a fall in its first-quarter net profit by one-third from a record level a year earlier. Deutsc...

Read More
Citigroup’s Q1 Profits Recoiled to $2.9 Billion

Citigroup’s Q1 Profits Recoiled to $2.9 Billion

By Dhwani Shah - Apr 17, 2012

Citigroup made profits of $2.9 billion in the first three months of the year. Citigroup said that it had been helped by ...

Read More