Bank of America directors are supportive of its proposed $16 billion to $17 billion mortgage-securities settlement, according to someone familiar with the matter.
Bank of America and the Justice Department are closing in on a deal to settle mortgage probes that could reach as much as $17 billion.
SunTrust will pay as much as $320 million to resolve a criminal probe into its mortgage unit's mismanagement of a federal program.
Bank of America has asked the U.S. Attorney General to meet with its chief executive officer in an attempt to resolve differences over a mortgage settlement.
Sallie Mae has reached a $60 million settlement with the government to resolve allegations that it overcharged military service members.
Attorney General Eric Holder discusses the Department of Justice's belief that no company, no matter how big, is above the law, including the big banks. "No individual or company," he says, "is above the law.
CNBC's Eamon Javes reports Attorney General Eric Holder has posted a video message on the DOJ's website stating there is no such thing as too big to jail.
One cybersecurity expert says the more technologically "plugged in" you are, the more vulnerable you are to identity theft. CNBC's Scott Cohn has the story.
Five Senate Democrats urged the Justice Department to oppose efforts by GM to skirt financial responsibility on its recall.
CNBC's Eamon Javers reports on Attorney General Eric Holder's investigation into high-frequency trading.
James Stewart, New York Times columnist, shares his thoughts on the Justice Department's investigation into high-frequency trading to determine if it violates insider trading laws. I think it's going to be difficult to make criminal charges out of this but I welcome the investigation, says Stewart.
Attorney General Eric Holder is investigating high-frequency trading to determine if it violates insider trading laws, reports CNBC's Eamon Javers.
Toyota's massive fine for misleading the public and regulators about issues in its vehicles raised questions about another automaker: General Motors.
CNBC's Phil LeBeau has the latest details on an agreement reached between the Justice Department and Toyota over the recall of its autos for unintended acceleration.
CNBC's Scott Cohn reports US Attorney General Eric Holder has been released from the hospital.
CNBC's Scott Cohn reports Attorney General Eric Holder was taken to the hospital after experiencing shortness of breath.
The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.
The U.S. government will soon issue regulations opening banking services to state-sanctioned marijuana businesses despite being illegal federally.
Our anchors, reporters and editors make their boldest predictions yet to keep you apprised of what may be in store in the year ahead.
With the markets and the economy rebounding and the tide rising, will white collar watchdogs get a rest in 2014?