Lawyers

• New California Housing Law, An Opportunity For 'Sharp-Minded Entrepreneurs'

  To solve the dilemma of "new housing crisis," California has come up with a financing solution for its affordable housing shortage.

• Wells Fargo Cuts Bonus for Executives Following Scandal; More Customers Are Affected

  The third largest U.S. bank Wells Fargo announced Wednesday to cut bonus for its executives following scandal that affected more customers than previously estimated.

• Wells Fargo overhauls pay plan for bank branch employees

  The banking giant company is restructuring its employee compensation system after a scandal over its aggressive sales practises.

• Wall Street Journal vs Federal Regulators On Major U.S. Banks Living Wills

  It is not quite often when news agencies are caught up in controversy for actually reporting a controversial topic. Just yesterday, the Wall Street Journal reported on federal regulators' rejection on several U.S. Banks based on their living wills which were submitted and the story reached the regulators which urged an investigation to kick off earlier today.

• SEC charges Wells Fargo and Rhode Island agency with securities fraud for 38 Studios deal

  Wells Fargo and Rhode Island Agency are being charged with securities fraud by the Securities and Exchange Commission following the bankruptcy of a video-game company.

• Wells Fargo Still Facing Ongoing Mortgage Probes Despite Recent FHA Settlement

  Despite the agreement of settlement with FHA, Wells Fargo would still be batting federal and state mortgage inspections.

• Wells Fargo to pay $1.2 billion as settlement for mortgage lawsuit

  Wells Fargo is set to pay $1.2 billion to settle the case claiming reckless lending practices during a program by the Federal Housing Administration. It is expected to affect the bank's 2015 expenses and reduce their profit. The settlement is set to be forwarded to the Justice Department.

• Bank of America chips away at brokerage industry truce

  For the last decade, Wall Street brokerages have had a pact not to sue brokers that leave their firms and try to take clients with them. Now Bank of America BAC.N Merrill Lynch, one of the founding signers of the truce, is taking steps to erode the agreement, industry lawyers say.

• U.S. fines Wells Fargo, JPMorgan over 'illegal mortgage kickbacks'

  U.S. and state regulators ordered Wells Fargo (WFC.N) and JPMorgan Chase (JPM.N) to collectively pay $35.7 million on Thursday to settle charges that they participated in an illegal marketing kickback scheme with a now-defunct title company.

• U.S., Wells Fargo not as 'optimistic' about lawsuit settlement: lawyer

  Wells Fargo & Co and the U.S. Department of Justice are "no longer as optimistic" about settling a lawsuit accusing the country's largest mortgage lender of fraud, a lawyer for the bank said on Tuesday.

• Berkshire's Buffett predicts Hillary Clinton will win presidency in 2016

  Billionaire investor Warren Buffett on Tuesday predicted Democrat Hillary Clinton would run for the U.S. presidency in 2016 and win.