UPI

TD Bank pleads guilty to money laundering, gets record $3 billion penalty

Oct. 10 (UPI) --TD Bank, the 10th largest bank in the United States, has agreed to pay penalties of more than $3 billion to settle charges of money laundering, the Justice Department announced ...
UPI

Online banking gaining popularity

NEW YORK, June 23 (UPI) -- Online banking is the most popular way of managing personal finance, a study found Thursday. According to a report conducted jointly by Internet engine Yahoo! and OgilvyOne ...
UPI

Bank groups sue CFPB over rule to limit overdraft fees

Dec. 13 (UPI) --Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit overdraft fees. The Consumer Bankers Association, American ...
UPI

Bank of America outage 'largely resolved' after customers see zero balances

Oct. 2 (UPI) --A Bank of America outage on Wednesday, which panicked thousands of customers who could not access their accounts or saw their balances drop to zero, is close to being fixed. "App not ...
UPI

European Central Bank cuts interest rates for sixth time, citing the 'disinflation process'

March 6 (UPI) --The European Central Bank's Governing Council said Thursday it had decided to lower three key interest rates by a quarter point. The bank cited the disinflation process in making the ...
UPI

Bank of England leaves interest rates on hold at 5.25%

May 9 (UPI) --Britain's central bank kept interest rates on hold on Thursday, saying it needed to see more proof that inflation was falling before cutting the cost of borrowing. The Bank of England's ...