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Over the past few years, several companies have attempted to act as the cryptocurrency equivalent of a bank. In less than 12 months, nearly all of the biggest companies have failed spectacularly. → Read More
City National is the latest bank in the last several years to be found systematically avoiding lending to racial and ethnic minorities. → Read More
NEW YORK (AP) — The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities, requiring the bank to pay more than $31 million in the largest redlining settlement in department history. → Read More
Dressed in a canary blue suit on a warm December night, sweat dripping from his brow, Bishop Lawrence Rolle belts out the lyrics to his latest hit song for the hundreds of children and adults gathered to celebrate Christmas. → Read More
Two of Sam Bankman-Fried’s top associates secretly pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX and are cooperating with investigators. → Read More