Frankfurt prosecutors and the Federal Criminal Police Office conducted searches at Deutsche Bank’s premises Wednesday (Jan. 28) as part of an investigation into allegations of money laundering involving bank staff, according to a Wednesday (Jan. 28) report from Bloomberg. Get the Full Story Complete the...
Eleven banking and credit union groups sent a joint letter to members of Congress, urging the lawmakers to reject the Credit Card Competition Act (CCCA) and any expansion of the Durbin amendment. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bank of Scotland, a subsidiary of Lloyds Banking Group, has been fined £160,000 (about $219,000) by a British regulator for breaching a sanctions law targeting Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Google has reportedly agreed to a preliminary settlement in a class action lawsuit that alleged that the firm’s Google Assistant spied on smartphone users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bank of London is still under investigation by U.K. regulators amid ongoing losses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The Justice Department reportedly told a judge Friday (Jan. 23) that Live Nation kept concerts that it promotes away from venues that stopped using its business unit Ticketmaster as a ticket seller. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Comptroller of the Currency Jonathan Gould reportedly said that the Office of the Comptroller of the Currency’s (OCC) work to relax leveraged-loan rules for banks will reduce the regulatory burden on those lenders and help them compete with the private credit industry. Get the Full Story Complete the form...
A bill advanced to the House of Representatives by the House Financial Services Committee aims to reduce unnecessary regulatory burdens on community banks and small credit unions, the committee said in a Friday (Jan. 23) press release. Get the Full Story Complete the form to...
