Banks and Finance
March 28, 2013 -
A watchdog group has compiled a list of banking's "dirty dozen" corporate criminals, and Charlotte, N.C.-based Bank of America makes the cut with billions paid out in penalties and settlements for various crimes.
February 22, 2013 -
North Carolina banned payday lending in 2001 over concern about usurious interest rates. But now some lawmakers want to bring back the industry, which new research finds often leads to snowballing financial trouble for desperate consumers.
January 23, 2013 -
The North Carolina-based banking giant, including two companies acquired in 2008, has done so much harm in the mortgage and mortgage-backed securities markets that banishment would be the appropriate punishment -- yet it is taking a new run at the U.S. mortgage business.
January 4, 2013 -
A look at the government's response as the foreclosure crisis enters its seventh year.
July 12, 2012 -
Before its purchase by Wells Fargo, North Carolina-based Wachovia laundered over $378 billion for illegal drug organizations -- and paid just $160 million in fines. It's part of a broader and disturbing trend in the U.S. banking industry.
May 21, 2012 -
The bipartisan decision to extend the life of the Export-Import Bank of the United States -- which some conservatives have derisively dubbed "Boeing's Bank" -- shows that corporatists retain the upper hand in mainstream U.S. politics.
