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Bank of America has been fined $225 million for 'botching up' US aid payments for Covid-19 - AFR | Online Free Press release news distribution - Vimarsana News

Bank of America has been fined $225 million for 'botching up' US aid payments for Covid-19 - AFR | Online Free Press release news distribution

Two U.S. agencies fined Bank of America a total of $225 million for unfairly freezing unemployment and other charitable programs at the height of the Covid-19

Bank of America fined $225 mn for 'botching' US Covid-19 aid payments - Vimarsana News

Bank of America fined $225 mn for 'botching' US Covid-19 aid payments

Two US agencies fined Bank of America a total of $225 million on charges it wrongfully froze unemployment and other public benefit programs at the height of the Covid-19 pandemic.

Source: rfi.fr
Former acting Comptroller Blake Paulson leaving OCC - Vimarsana News

Former acting Comptroller Blake Paulson leaving OCC

Paulson, who announced his retirement as a senior deputy comptroller, is one of three top staffers at the Office of the Comptroller of the Currency who are departing or taking extended leave.

SoFi Gets OCC Approval to Acquire National Bank — But Must Stay Away From Crypto | Troutman Pepper - Vimarsana News

SoFi Gets OCC Approval to Acquire National Bank — But Must Stay Away From Crypto | Troutman Pepper

On January 18, the Office of the Comptroller of the Currency (OCC) conditionally approved an application by Social Finance Inc. (SoFi) to acquire Golden Pacific Bank, National...

Cadwalader Cabinet: Addressing Blockchain - Vimarsana News

Cadwalader Cabinet: Addressing Blockchain

In this edition of the Cadwalader cabinet, we discuss the future of crypto-assets and potential benefits of banking regulation, regulatory challenges presented by financial technology market innovation, getting inflation back down, and more.