Tag: Eric Schneiderman

New York to sue BofA, Wells Fargo over mortgage practices

New York Attorney General Eric Schneiderman said on Monday he plans to sue Bank of America Corp and Wells Fargo and Co for violating the terms of a settlement designed to end mortgage servicing abuses. Schneiderman issued the announcement, which suggests lawsuits could be filed against the banks within two […]

7 Banks Subpoenaed in Libor Investigation

Seven banks have received subpoenas as part of an investigation into the alleged manipulation of the London Interbank Offered Rate, according to a source close to the case and company filings. The banks that were subpoenaed by New York State Attorney Eric Schneiderman include JPMorgan, Citigroup, Barclays and UBS. In […]