US consumer watchdog charges Fifth Third Bank on opening phony accounts

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US consumer watchdog charges Fifth Third Bank on opening phony accounts

WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) said on Monday it charged Fifth Third Bank, National Association, for creating fake client deposit and credit-card accounts and transferring clients’ funds to those accounts …
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Ross Dress for Less opens big-box store in Hammond

Ross Dress for Less opened a new big-box store in a long-vacant Kmart space in south Hammond Saturday, 15 years after the home of the Blue Light Special skipped town. The Dublin, California-based store opened its second Hammond store at 7927 …
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Wells Fargo CEO evaluating bank's size, says past leadership 'failed'

Wells Fargo CEO Charlie Scharf said he has “no preconceived notions about what size our company should be” and that he is considering “additional changes” to the bank’s business model. That assessment came in written testimony for his scheduled …
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El-Erian's Advice to Investors: Do Not Buy This Dip

Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, comments on the sell-off in equities, advising investors not
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Coronavirus: Passengers reaction to sneezing person causes Newark-bound flight to divert

DENVER — A commercial flight from Colorado ski country to Newark made an unscheduled stop in Denver after several passengers became disruptive because they were seated next to someone who they thought was sick, officials said. Sunday’s diversion …
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