Wells Fargo to Pay $3.7B for Illegal Conduct That Harmed Customers December 21, 2022 By Chris Prentice and Hannah Lang The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co. with the watchdog’s largest ever civil penalty on Tuesday...
Federal Reserve Issues Guidance for Banks Considering Crypto Activities August 17, 2022 By Pete Schroeder and Hannah Lang The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that firms must notify...
New Crypto Coalition Vows to Address Potential for Fraud February 7, 2022 By Hannah Lang A group of major cryptocurrency firms including Coinbase, Circle, Anchorage Digital and Huobi Global are forming a new coalition aimed...