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A Wisconsin taxpayers group asked the U.S. Supreme Court to block President Biden's student-loan relief plan from taking effect, accusing him of usurping the power of Congress and costing taxpayers potentially more than $1 trillion.
October 19
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The bankrupt cryptocurrency lender Celsius Network faces U.S. federal "investigations," according to a filing from lawyers for its committee of unsecured creditors.
October 19
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A board member of the National Credit Union Administration urges vigilance against threats that many institutions ignore at their peril.
October 19
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An uptick in so-called operating losses helped drive up noninterest expenses excluding M&A costs at Truist Financial by 2% year over year, complicating its efforts to achieve positive operating leverage. The cost of reimbursing customers hurt by fraud seems to have been a contributing factor.
October 18
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JPMorgan Chase must face a lawsuit from a former trader who claims he was fired in retaliation for cooperating with U.S. prosecutors investigating illegal spoof trades at the bank's precious-metals trading business, a federal judge in New York ruled.
October 18
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The crypto lender Voyager Digital is pursuing settlements with two top executives after an internal probe uncovered potential claims of gross negligence stemming from risky loans made to the defunct hedge fund Three Arrows Capital, court papers show.
October 18
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A former Deutsche Bank managing director said she was put up for redundancy purely because of her age and gender, just as executives in London feared the COVID pandemic would hit lending to the bank's wealthy clients.
October 18
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An ex-Goldman Sachs Group banker sued the investment bank for around £20.3 million ($22.9 million) to make up for his losing his job after he made whistleblowing allegations about regulatory failures.
October 18
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Robinhood Markets is poised to succeed in pushing a female former engineer's claims about a "toxic culture of gender bias" at the company out of open court and into private arbitration.
October 17
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U.S. prosecutors and several federal regulators are seeking information from the bankrupt crypto lender Celsius Network.
October 17
