Complaints about loan insurance
ballooned in the final quarter of 2019, spurred on by British
regulators setting an end of August deadline for compensation
claims, the Financial Ombudsman Service said on Wednesday.
The U.S. Justice Department
said on Tuesday it had charged five people in Texas and New York
with conspiring to violate a law on international commerce by
arranging to purchase sanctioned Iranian oil and sell it to a
refinery in China.
Wells Fargo & Co Chief Executive
Charles Scharf on Tuesday announced his first major reshuffle
since taking over in October, naming several executives to new
roles while also tapping a JPMorgan veteran to head consumer
U.S. Senate Majority Leader
Mitch McConnell said on Tuesday he did not know whether
lawmakers would be able to resolve divisions over lowering
prescription drug prices, a priority raised by President Donald
Trump in his State of the Union address last week.
is offering to forego majority ownership of its highway
unit under a proposal aimed at resolving a dispute with the
Italian government over its motorway concession, two sources
close to the matter said.
Canadian National Railway Co
, the country's biggest rail road, said on Tuesday it
would be forced to shut down parts of its network unless rail
line blockades in protest against a natural gas pipeline in
British Columbia are removed.