WASHINGTON — Standard & Poor’s is close to a $1.37 billion settlement with the Obama administration and U.S. states over allegations it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis. The credit rating agency ...Read More »
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WASHINGTON — PNC Financial Services Group is paying $35 million to resolve government claims of discrimination in residential loans against a Cleveland-based bank that PNC bought in 2009. The agreement announced Monday by the Justice Department and the Consumer Financial ...
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WASHINGTON — The Justice Department will sue the state of North Carolina for alleged racial discrimination over tough new voting rules, the latest effort by the Obama administration to fight back against a Supreme Court decision that struck down the most powerful part ...Read More »