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Deutsche Bank AG agreed to pay $190 million to settle U.S. litigation accusing it of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market.

The German lender is the 15th of 16 banks to settle the private investor litigation, for a total payout of $2.31 billion. Only Credit Suisse Group AG has not settled.

Deutsche Bank’s preliminary settlement was detailed in filings on Friday with the U.S. District Court in Manhattan, and requires a judge’s approval. The bank denied wrongdoing.

Troy Gravitt, a Deutsche Bank spokesman, declined to comment, as did C...

As part of consent orders reached with multiple states, Ocwen Financial Corp. has agreed to transition away from its current mortgage servicing system and improve its servicing practices.

West Palm Beach, Florida-based Ocwen filed a Form 8-K report Friday with the Securities and Exchange Commission indicating it reached consent orders with 10 states.

The agreements come five months after the Consumer Financial Protection Bureau, 30 states and the District of Columbia took legal or regulatory action against Ocwen over its servicing practices.

Bank of America Corp. (NYSE: BAC) has agreed to pay $2.5 million and make changes to report suspected conduct to the federal government. Jill Westmoreland Rose, U.S. Attorney for the Western District of North Carolina, announced the settlement Friday.

The settlement resolves a U.S. investigation into trading activity by the bank’s “swaps desk” in New York City. Bank employees were trading ahead of block future trades with counterparties and then obstructed the CME Group’s investigation of the trading from 2009 to 2010.

Bank of America’s settlement with the U.S. was r...

Ocwen Financial Corporation (Ocwen) is one of the country’s largest nonbank mortgage loan servicers, and it has had its hands full the last six months. On April 20, the Consumer Financial Protection Bureau (CFPB) filed an enforcement action against Ocwen and its subsidiaries for violation of mortgage servicing rules. The CFPB’s suit was filed in the U.S. District Court for the Southern District of Florida, naming Ocwen and two of its subsidiaries--Ocwen Mortgage Servicing, Inc. and Ocwen Loan Servicing, LLC--as defendants. Close on the heels of the CFPB’s suit, the...

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