Anti-money-laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions involving legal entities controlled by Donald J. Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog.
The transactions, some of which involved Mr. Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to five current and former bank employees. Compliance staff members who then reviewed the transactions prepared so-called suspicious activity reports that they bel...
The Consumer Financial Protection Bureau is already in the midst of enacting changes to some of its rules, namely the requirements for the data collection and reporting stipulated by the Home Mortgage Disclosure Act and its enforcement practices, but those may not be the only rule changes coming from the CFPB.
The CFPB announced Monday that it plans to “periodically” review its regulations and may amend or even abolish existing rules.
According to the CFPB, the review of its rules is stipulated by the Regulatory Flexibility Act, which establishes that agencies s...
Verifyd’s new bidder app will allow prospective buyers to participate in foreclosure auctions remotely.
“For over 100 years, the foreclosure process in our state, and country, has barely changed, completely shutting out technology,” Verifyd CEO Mike Watkins said in a release. “We all live busy lives today, which means many interested buyers miss out on foreclosure purchases due to their inability to be physically present at the courthouse. It has been our dream to open this process up in a way that is both legally compliant and accessible to people everywhere.”
A Los Angeles jury rejected a lawsuit filed by a former executive for Kaiser Foundation Health Plan Inc. who alleged he was exposed to intolerable workplace conditions and forced to quit because he uncovered corruption within the company regarding its dealings with Medicare.
The Superior Court jury deliberated for less than half a day Wednesday before finding in favor of Kaiser and against plaintiff Cesar Villalpando.
In a statement issued Thursday, John Nelson, vice president of communications for Kaiser Permanente said: "Nearly all of Mr. Villalpando’s claims were...
Emergency Department physicians being out of network is nothing new, but a new round of failed negotiations between a local emergency physician group and Blue Cross Blue Shield of Texas have both sides crying foul and pointing fingers.
Blue Cross Blue Shield contacted members to describe how Texas Medicine Resources, a physician group hired by Texas Health Resources emergency rooms, has terminated its deal with BCBSTX, meaning the group is now out of network at 14 area hospitals for its Blue Choice PPO and Blue Essentials HMO members.