Wall Street banks warn lawmakers about new regulations
The CEOs of the eight largest U.S. banks planned to push back on pending banking regulations as burdensome at Tuesday's hearing before the Senate Banking Committee.
State Street agrees to pay $115 million criminal fine for customer overcharges
State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday.