766 deep dives in 24 categories · last updated
82 matching deep dives
Research Lab: these deep dives are AI working drafts unless tagged Reviewed research. Read how review works.
Supervisory actions, enforcement cases and their outcomes, with findings distinguished from allegations.
Two CFPB orders addressed separate problems in checking accounts and credit cards. The records show how repeat payment attempts, application channels and sales practices affected customers.
Barings failed in February 1995 after unauthorized trading losses overwhelmed the group. The record traces the hidden account, unchecked funding, failed rescue, ING takeover and changes to bank supervision.
The CFPB closed its Bilt remediation matter in September 2026 after reporting $264,792.71 reimbursed to more than 2,000 eligible consumers. The transition involved changes to cards, balances and payment arrangements.
The OCC’s January 2024 order covered anti-money-laundering controls, fintech relationships and the bank’s financial plans. The order ended November 13, 2025, after Blue Ridge had exited its depository banking-as-a-service business.
The OCC’s 2020 action traced weaknesses from cloud risk assessment through audit and board oversight. The two banks neither admitted nor denied its findings. The corrective order ended in August 2022, separately from the monetary penalty.
Courts found that CashCall collected debts borrowers did not legally owe. Appeals changed the financial remedy, and a September 2026 ruling rejected another attempt to reopen the judgment.
The OCC’s 2020 order led to another penalty and tighter resource controls in 2024. A December 2025 termination removed the amendment, without terminating the original order.
A 2023 court settlement addressed allegations that Citizens denied card disputes over missing affidavits and left some fees unrefunded. The case explains the difference between investigating a claim and closing a file.
The OCC’s April 2026 order described weaknesses in how CFSB understood customers and investigated payment activity, including alerts that automation closed too readily.
The FDIC and Mississippi regulators required the Collins bank to revise its anti-money-laundering program after a 2025 examination. The consent agreement was dated March 25, 2026; the order took effect March 26.
The FDIC required Cross River Bank to strengthen fair-lending oversight and obtain written non-objection before specified new lending relationships or products. The bank consented without admitting or denying the charges.
Danske Bank admitted deceiving U.S. banks about its Estonian branch to keep dollar payments flowing. Its 2022 guilty plea led to a coordinated financial resolution and three years of probation, which the bank said ended in December 2025.
New York’s 2020 order covered Jeffrey Epstein and two foreign-bank relationships. It described information and monitoring failures, imposed one combined penalty and used an existing monitor. Later civil and federal proceedings had different outcomes.
The CFPB’s 2023 action concerned payments taken without the required permission and loan extensions that did not work as promised. The agency terminated the order in September 2025.
Federal authorities pursued First Bank of Delaware over payment-processor oversight and allegedly fraudulent consumer withdrawals. The 2012 resolution required one shared $15 million payment as the bank left the business.
Three bond offerings raised $6.5 billion for Malaysia’s development fund. The resulting bribery cases brought corporate admissions, a subsidiary guilty plea, individual convictions and overlapping settlements whose later outcomes remain distinct.
American Honda Finance agreed to a $12.8 million CFPB order after credit-reporting and dispute-handling failures. The case reaches beyond pandemic relief to errors that continued after the company identified them.
HSBC’s $1.921 billion resolution addressed anti-money-laundering failures and sanctions violations. The criminal charges were dismissed in 2017, while a related Federal Reserve order remained in place until August 2022.
The Federal Reserve ended its 2024 order against Jiko Group in June 2026. The original action focused on the parent’s financial condition, cash flow and ability to support its bank subsidiary.
Traders used orders they intended to cancel to influence genuine trades. The case led to an admitted corporate resolution, individual convictions and acquittals, and later civil penalties.
A software deployment error sent Knight Capital into billions of dollars of unwanted stock positions in August 2012. Emergency financing, a merger and an SEC settlement followed on different timelines.
The FTC challenged how LendingClub described fees, approvals and withdrawals. An $18 million settlement funded a refund program that closed in 2024.
LendUp promised that repeat borrowing would unlock better loans. A 2016 order, a 2021 court settlement and a later consumer-payment program trace what happened when that promise failed.
FTC and Justice Department actions focused on scam payments moving through MoneyGram’s agents. The later record includes a coordinated $125 million payment, dismissal of the criminal case and a $115.8 million victim distribution.
A 2020 settlement addressed allegations that Nationstar mishandled loan modifications, escrow and mortgage insurance. The federal judgment required about $73 million in borrower relief, much of it already provided, alongside related state and bankruptcy remedies.
A contested CFPB lawsuit ended in an entered settlement requiring $100 million in redress, a $20 million penalty and federal-loan restrictions. Compensation began in February 2026 and does not cancel borrowers’ loans.
The CFPB alleged that some shoppers were enrolled in credit or charged through it without understanding their choice. The settlement required $15 million in redress, a $10 million penalty and changes from enrollment through billing disputes.
The CFPB’s 2022 action concerned purchases authorized with enough money available but charged overdraft fees when they settled later. The agency terminated the order in July 2025.
A dispute over two hedge funds reached the Supreme Court and limited the SEC’s use of its own tribunal. The 2024 ruling protected jury trials for securities-fraud penalties, leaving other constitutional questions and remedies to separate cases.
The FDIC and Ohio regulators required Sutton to strengthen anti-money-laundering controls, review prepaid-card customer identification dating to July 2020, and make third-party responsibilities visible to its board.
The 2014 case against the former GE Capital Retail Bank covered paid card add-ons and debt-relief offers withheld from certain borrowers. In 2025, the CFPB ended its order after reporting at least $259 million in redress and a paid $3.5 million penalty.
The CFPB’s 2024 order described inaccurate card and deposit-account reports and failures to investigate disputes. The case followed errors from bank records into information used by other institutions.
The 2021 CFTC settlement concerned what Tether told users about USDT’s backing. Banking difficulties, affiliate transfers and narrowly timed reserve checks explain how that promise diverged from the historical record.
A 2023 CFPB order addressed obstacles to canceling financed extras, missing or inaccurate refunds and credit-reporting errors. The agency terminated the order in May 2025.
A misleading sanctions alert disrupted a car purchase and led to a major decision on who can seek damages in federal court. The narrowed case later settled for $9 million.
Pandemic-era account freezes left eligible recipients struggling to reach their benefits. The CFPB ordered compensation and changes in 2023, then terminated its order in September 2025; the OCC imposed a separate penalty.
Page 2 of 3 · 37–72 of 82 articles