As settlement for hiding bad loans and house desolation, Wells Fargo will pay $1.2 billion. The bank lender admitted of cheating the government by insuring thousands of risky mortgages although they are not eligible.
Breaking News
- IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities
- Apple's Vision Pro Production Slashed as Demand Falls Short: Report
- TikTok Voluntarily Suspends New App's Task and Reward Program After EU Regulators Express Concern Over Addictive Effects Among Young Users
Hibu Plc surrenders control of the company in exchange for a GBP 800 million debt writedown.
On Sunday, the co-owner of Gold & Silver Pawn Shop, Rick Harrison, tied the knot with his girlfriend Deanna Burditt in Laguna Beach, California.
Geniki Bank presents its binding bid for troubled New Hellenic Postbank.
Hellenic Postbank, Greece's largest lender, is slated to receive separate bids fro the country's largest banks.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- Illinois Woman, Who Mysteriously Drowned After Giving $1.5 Million to Online Romance Scammers, Knew She'd 'End up Dead'
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags
- Apple's Vision Pro Production Slashed as Demand Falls Short: Report
- FAA Investigates Boeing’s Alleged Retaliation Against 2 Engineers Who Conveyed Safety Concerns in 2022
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- Russia's Surprising Economic Strength to Last Another 18 Months Despite Western Sanctions and Ukraine War, Think Tank Says
- China Shows Heavy Support for Hong Kong Economy After Pressuring the Country to Enact New Security Law
