Banks News

Banks - The latest Banks News and updates. Listed below are news articles written by Pat Prescott and other professional journalists.

Banks Sued For Deceptive Practices

Banks Sued - The Massachusetts attorney general has filed a lawsuit against five large U.S. banks accusing them of deceptive foreclosure practices, a signal of ebbing confidence that a multi-state agreement can be worked out. Attorney General Martha Coakley said on Thursday she filed the lawsuit partly because it has been taking too long to [...]

Credit Unions Vs. Banks

Credit Unions Vs. Banks - Credit unions are owned by their customers or, in industry parlance, “members”, big banks are owned by their shareholders. A key narrative of the recent Bank Transfer Day was to pit normally sleepy credit unions against the big banking industry. Skeptics are quick to point out the fact that credit [...]

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