LA-Based Bank to Pay Largest Redlining Settlement Ever

LA-Based Bank to Pay Largest Redlining Settlement Ever

By: Ken Chase Estimated reading time: 2 minutes A recent announcement by the U.S. Department of Justice confirmed that City National Bank will -pay more than $31 million to settle DOJ accusations that it unlawfully discriminated against black and Latino borrowers in...
So, you have to fire someone.

So, you have to fire someone.

Estimated reading time: 1 minute So, you have to fire someone. Here are 3 things to do as you approach the problem. 1. Just rip the band aid off. (being direct is respectful and feedback is a gift) 2. There is no time like the present. (sunk cost) 3. Short and sweet....
CFPB Creates New Repeat Offender Unit

CFPB Creates New Repeat Offender Unit

Estimated reading time: 2 minutes By: Ken Chase The U.S. Consumer Financial Protection Bureau has created a new repeat offender unit that will reportedly focus on large banks that repeatedly violate federal laws and regulations. The regulatory body revealed the...
KY Warns Banks Against Boycotting Energy Firms

KY Warns Banks Against Boycotting Energy Firms

Estimated reading time: 2 minutes By: Ken Chase The state of Kentucky officially put eleven financial firms on notice this week, vowing to act if those banks engage in boycotts of fossil fuel energy companies. According to Kentucky State Treasurer Allison Ball, the...