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Wells Fargo to Pay $850K to Settle Suit Over Docking Workers' Pay

Wells Fargo to Pay $850K to Settle Suit Over Docking Workers' Pay | important 120 banks for tomorow login | Scoop.it
Wells Fargo will pay $850,000 to settle a class-action that charges the company docked workers pay for credit checks that did not result in loans.

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Why Canada Can Avoid Banking Crises and U.S. Can’t

Why Canada Can Avoid Banking Crises and U.S. Can’t | important 120 banks for tomorow login | Scoop.it
Since 1790, the United States has suffered 16 banking crises. Canada has experienced zero -- not even during the Great Depression.

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Bank Rally in U.S. Seen Fading as Revenue Trails 35% Profit Jump

Bank Rally in U.S. Seen Fading as Revenue Trails 35% Profit Jump | important 120 banks for tomorow login | Scoop.it
The six biggest U.S. banks are projected to post a 35 percent increase in first-quarter profit. That may fail to prolong an 18-month rally in their shares as the firms struggle to boost revenue.

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US Bancorp latest financial institution targeted by hacking group - Memphis Commercial Appeal

US Bancorp latest financial institution targeted by hacking group - Memphis Commercial Appeal | important 120 banks for tomorow login | Scoop.it
US Bancorp latest financial institution targeted by hacking groupMemphis Commercial AppealU.S.

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US Is In Recession, Says Noted Economist; Why The Obama Economic ... - International Business Times

US Is In Recession, Says Noted Economist; Why The Obama Economic ... - International Business Times | important 120 banks for tomorow login | Scoop.it
International Business Times
US Is In Recession, Says Noted Economist; Why The Obama Economic ...
International Business Times
Forget the Dow Jones Industrial Average. Ignore the S&P 500.
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English oppression of French at heart of Canada’s strong banks: Study

Plus, Bitcoin vs. Brit coin: Comparing a digital currency to a real one

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Wells Fargo Sells $12B of Reverse-Mortgage Servicing Rights to Walter Investment

Wells Fargo Sells $12B of Reverse-Mortgage Servicing Rights to Walter Investment | important 120 banks for tomorow login | Scoop.it
Wells Fargo s (WFC) home-loan unit has sold a portfolio of reverse-mortgage servicing rights to Walter Investment Management (WAC).

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Banks Always Win - New York Times

Banks Always Win - New York Times | important 120 banks for tomorow login | Scoop.it
Banks Always WinNew York TimesCiting “unsafe and unsound” foreclosure practices, the Federal Reserve said recently that it plans to penalize eight financial firms — HSBC's United States bank division, SunTrust Bank, MetLife, US Bancorp, PNC Financial...

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US Bancorp 2012 net income surges by 15.9% to $5.64bn - Banking Business Review

US Bancorp has reported net income of $5.64bn, or $2.84 per diluted common share, for full year 2012, with an increase of 15.9%, compared to $4.87bn,

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HSBC names Anshul Gupta M&A head for MENA - memo | Reuters

HSBC names Anshul Gupta M&A head for MENA - memo | Reuters | important 120 banks for tomorow login | Scoop.it
DUBAI (Reuters) - HSBC Holdings has named Anshul Gupta as its head of mergers and acquisitions business for the Middle East and North Africa, replacing Omar Mehanna, who is taking a new (New Business Blog: HSBC names Anshul Gupta M&A head for...
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