The NCUA won a big legal victory Aug. 27 when the U.S. 10th Circuit Court of Appeals in Denver ruled the regulator can proceed with its claims against Wall Street firms over mortgage backed securities sold to the failed U.S. Central Federal Credit Union.
Agency hails Tuesday ruling upholding its overtime rights to file actions over corporate collapses.
Wells Fargo, Bank of America, Citigroup among those accused of notification failures, sending inaccurate information.
Securityplus Federal Credit Union, Baltimore, announced the hiring of John Godwin as the new chief operating officer. Godwin joined Securityplus FCU after a 12 year career at MECU of Baltimore, where he served as vice president – business development/strategic alliances. During his tenure, MECU increased its number of select employee...
Irene Dorner blames herself — and her female colleagues — for the lack of women on Wall Street.
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.
Agency posts list of actions against securities firms since financial crisis began.
Corporate collapse settlement totals now top $335 million, agency says. Lawyers to get $84 million. Corporate rescue assessment to be determined.
PHOENIX — Now big in fraud mitigation, prevention: Taking steps to stay on top of cross channel attacks, said speakers at BAI confab.
At a time when more small businesses are looking for alternatives after being the shown the door by their longtime banks, one Arizona retailer recently went public with its frustrations.