Judge: ‘Blind-eye’ accusation sufficient in BofA’s Epstein case
Bank of America Faces Lawsuit Over Jeffrey Epstein’s Sex Trafficking A federal judge has ruled that claims of Bank of America’s “reckless disregard” of information related to Jeffrey Epstein’s sex trafficking have met the bar for an alleged victim’s lawsuit to move forward. The opinion and order detail U.S. District Court Judge Jed Rakoff’s Jan. […]
Federal Reserve set to loosen US bank rules in attempt to boost mortgage lending
US Banks Plan to Ease Capital Requirements to Boost Mortgage Lending In a recent development, the Federal Reserve, the central bank of the United States, is reportedly gearing up to ease capital requirements for US banks. This strategic move is aimed at encouraging lenders to provide more home loans to the American population, as disclosed […]