Jul 8, 2014 — Every year, money transfer brokers help Somali-Americans send more than $200 million to family members in Somalia. But one of the few banks to support that process will soon back out.
Jul 3, 2014 — The bank's mortgage-lending arm agreed to pay up to $320 million to resolve allegations that it bungled applications for the federal Home Affordable Modification Program.
Jun 17, 2014 — The bank's mortgage-lending subsidiary agreed to pay $968 million and acknowledged that it failed to comply with federal requirements for processing FHA loans.
Jan 15, 2014 — Deposit advances are small, costly loans that bank customers take out between paychecks, and pay back automatically when a scheduled direct deposit comes through. Federal bank regulators cracked down on the products in December.
Dec 4, 2013 — Two U.S. banks — JPMorgan Chase and Citigroup — are on the list of institutions targeted by the EU fines. At more than $2 billion, the largest fine ever issued by the European Union in such a case came after a two-year investigation into banks' collusion.
Jan 9, 2013 — Sophisticated hacking attacks on U.S. banks in recent months have distinctive qualities that are leading investigators to believe another nation may be behind the assault. The likely suspect is Iran, which security experts believe may be trying to even the score for American hacking of its nuclear program.
Jan 7, 2013 — Some borrowers who were mistreated during foreclosures will receive compensation. The payments will range from hundreds of dollars to $125,000. The agreement ends a case-by-case review of the banks' actions.
Jun 5, 2012 — On today's show, we walk through the three things you can do to stop a bank run — and figure out what options are left for Europe.
Oct 5, 2011 — Private bankers who serve some of the world's richest families are seeing clients pile money into "catastrophe portfolios" and real estate, seeking defensive positions that might help them weather a far-reaching economic storm that has roiled stock markets worldwide.
Sep 27, 2011 — For today's show, we collected four Planet Money radio stories that never made it to the podcast.