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| June 28, 2016
Big U.S. banks won permission from regulators Wednesday to boost dividends and buybacks, offering investors some welcome news after the sector got hammered when the U.K. voted last week to exit the European Union....
investopedia.com | June 19, 2017
WFC Investors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 billion in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular examination of financial strength. Read more: U.S. Bank Investors Hope Fed Stress Test Results Lead to Big Payouts | Investopedia http://www.investopedia.com/partner/reuters/us-bank-investors-hope-fed-stress-test-results-lead-big-payouts/...
| July 18, 2016
Just as mortgage bankers were preparing for the end of a historic boom driven by low interest rates, borrowers have begun knocking at their doors again....
reuters.com | July 11, 2017
A federal judge granted the FDIC permission to revive lawsuits against Citigroup Inc (C.N), Bank of New York Mellon Corp (BK.N) and U.S. Bancorp (USB.N) that he had dismissed last September, to recoup more than $695 million of losses on soured mortgage debt that a failed Texas bank once owned.In a decision made public on Tuesday, U.S. District Judge Andrew Carter in Manhattan said the FDIC could try to show it still had legal standing to sue as the receiver for Austin-based Guaranty Bank, despit...
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