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Business Institutions

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Top Business Institutions Articles see all

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  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp.
  • Bitcoin ATM builder takes aim at traditional financial services

    In a makeshift office — a living room crowded with desks, monitors and a beanbag chair — a handful of programmers are hacking away on computers, aiming to make their mark on the multibillion-dollar financial services industry. This condo...

    Breaking New Ground: Women At The Helm

    Breaking New Ground: Women At The Helm
    At the helm of a ship early in her career with the U.S. Coast Guard, Sandra Stosz was given an ultimatum: "You stand on the bridge like John Wayne with a six-gun in each hand barking orders and then I'll qualify you." Stosz, a 1978 graduate of the U....

    SunTrust to pay nearly $1 billion for mortgage origination practices

    SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday. SunTrust,...

    SunTrust settlement to bring $33 million to Maryland

    SunTrust settlement to bring $33 million to Maryland
    Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...