Contact l Sitemap

home industries issues reasearch weblog press

Home  » Issues » World Financial Institutions » Financial Services, Insurance and ...

Financial Services, Insurance and Banking  : Displaying 2-6 of 70


Federal Regulators Failed to Police Goldman Sachs, Says Whistleblower
by Pratap ChatterjeeCorpWatch Blog
September 26th, 2014
Carmen Segarra, a former senior examiner with the Federal Reserve Bank of New York, has revealed how government regulators failed to adequately police Goldman Sachs, the Wall Street investment bank. (The Federal Reserve is the central banking system of the U.S. chartered by Congress to supervise private banks)

Bank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges
by Pratap ChatterjeeCorpWatch Blog
August 21st, 2014
Bank of America has agreed to pay the government $9.65 billion to settle charges of misleading investors over mortgage lending in the run up to the 2008 financial crisis. The bank will also pay out an additional $7 billion to help borrowers and communities affected by the loans.

Argentina Loses Court Appeal Against “Vulture” Fund Manager Paul Singer
by Pratap ChatterjeeCorpWatch Blog
June 20th, 2014
Paul Singer, the billionaire hedge fund manager, has claimed victory in a lawsuit to force Argentina to fork out almost 17 times more than he paid to buy bonds issued by the country.

Hedge Fund Managers Still Making Billions
by Pratap ChatterjeeCorpWatch
May 17th, 2014
David Tepper, the founder of New Jersey-based Appaloosa Management, was the world’s highest earning hedge fund manager for the second year in a row, according to the Rich List published earlier this month. Tepper earned $3.5 billion in 2012, a major increase on his $2.2 billion take home income in 2012.

Barclays Temporarily Backs Down On Somali Money Transfers
by Pratap ChatterjeeCorpWatch Blog
April 21st, 2014
Dahabshiil, a Somali money transfer company, has won a temporary reprieve from Barclays, the last major bank to allow remittances to Somalia. The agreement comes just as a new report estimates that African expatriates lose $1.8 billion a year in transfer fees to companies like Moneygram and Western Union.