Goldman Sachs

• Women in a Man's World

  April 15, 2013

  Irene Dorner blames herself — and her female colleagues — for the lack of women on Wall Street.

• Settlement Scores $165M from BofA

  By Heather Anderson  |  April 10, 2013

  The NCUA reported April 2 that it scored a $165 million win against Wall Street, reaching a settlement with Bank of America over residential mortgage-backed securities losses at failed corporate credit unions. Bank of America did not admit fault as part of the settlement, the NCUA said in a release.

• SEC Enforcement Action Penalties: $1.5 Billion and Counting

  By Michelle A. Samaad  |  April 9, 2013

  Agency posts list of actions against securities firms since financial crisis began.

• Big Banks to Pay Out to 4.2 Million Mortgage Servicer Victims

  By Heather Anderson  |  April 9, 2013

  Checks to range from $300 to $125,000 as result of enforcement actions against 13 servicers, including the nation's largest banks.

• NCUA Scores $165 Million Securities Settlement with Bank of America

  By Heather Anderson  |  April 2, 2013

  Corporate collapse settlement totals now top $335 million, agency says. Lawyers to get $84 million. Corporate rescue assessment to be determined.

• Feds Slap Collective $9.3 Billion Hit on Big Banks for Deficient Mortgage Servicing

  By Heather Anderson  |  March 1, 2013

  Thirteen institutions expected to also undertake loss mitigation efforts focused on foreclosure prevention in OCC/Fed settlement.

• Pano Logic Shutdown Shows Little Impact on CUs

  By Natasha Chilingerian  |  January 23, 2013

  The out-of-the-blue October closure of Pano Logic, a Redwood City, Calif.-based provider of virtual end user systems, shocked its clients, which included at least three credit unions–the $3.4 billion Redstone Federal Credit Union of Huntsville, Ala.; the $701 million Vantage Credit Union of Bridgeton, Mo.; and the $1.35 billion Central...

• Pano Logic Shutdown Shows Little Impact on CUs

  By Natasha Chilingerian  |  January 21, 2013

  The out-of-the-blue October closure of Pano Logic, a Redwood City, Calif.-based provider of virtual end user systems, shocked its clients.

• Goldman Sachs, Morgan Stanley Reach $557 Million Enforcement Deal

  By Heather Anderson  |  January 16, 2013

  Goldman Sachs and Morgan Stanley have agreed to pay $557 million in cash payments and other assistance to help mortgage borrowers.

• NCUA Files Suit No. 10 Over Corporates Collapse

  By Marc Rapport  |  January 4, 2013

  J.P. Morgan, others named in sale of $2.2 billion in failed mortgage-backed securities that led to collapse of WesCorp, U.S. Central and Southwest Corporate.