Posts Tagged ‘Banking’

  • Trading places: U.S. Chamber pledges to use lawsuits to tackle Obama regulation Friday, October 8, 2010 � by eric

    The traditionally anti-litigation business umbrella group decides to embrace the art of legal weaponry to overcome regulation it considers bad for business.

  • Judge slaps Wells Fargo – hard – on overdraft fees Wednesday, August 11, 2010 � by scott

    In a class-action suit, a federal judge shoots down Wells Fargo’s practice of manipulating customers’ debits to maximize overdraft fees.

  • New rules don’t eliminate all astronomical bank fees Tuesday, July 6, 2010 � by jg

    Los Angeles Times: Business columnist David Lazarus reports the new rules on bank fees that took effect this month don’t apply to overdraft fees for scheduled recurring payments, while banks “remain free to enroll customers without permission in overdraft programs covering other transactions, such as payments with checks.”

  • What do banks’ new overdraft rules mean for you? Monday, June 14, 2010 � by jg

    Los Angeles Times: Kathy M. Kristoff reports on new overdraft rules for checking accounts that will go into effect in the next few weeks.

  • Wells Fargo agrees to reduce racial discrimination in lending Friday, April 9, 2010 � by jg

    National Law Journal: The NAACP has dropped a lawsuit against Wells Fargo after the bank agreed to take steps to address racial discrimination in its lending policies.

  • Class action suit filed over unfair overdraft fees Friday, April 9, 2010 � by jg

    The Missourian: The suit alleges UMB Bank has “unfairly manipulated transactions to generate more overdraft fees.”

  • Megabanks face legal action on abusive overdraft fees Tuesday, March 16, 2010 � by jg

    Daily Business Review: A class action suit against the nation’s biggest banks may go forward after a federal court ruling in Miami.