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Big Banks Pay Less Over Bad Acts When Trump Appointees Push Back

Since Donald Trump’s election, federal white-collar enforcement has taken a big hit. Fines and settlements against corporations have plummeted. Prosecutions of individuals are falling to record lows. But just how these fines and settlements came to be slashed is less well understood. Two settlements with giant banks over financial crisis-era misdeeds provide a window into … Read more

Europe puts tight controls on £4bn bank offer

Europe puts tight controls on £4bn bank offer Times Online, UK – 37 minutes ago At the same time the Prime Minister pledged to take action against companies that force people out of their homes for trivial amounts of credit card debt . …