Vanita Gupta

Bank to Pay $18 Million to Latinos, Blacks for Overcharging Car Loans

An $18 million settlement has been finalized over allegations a bank discriminated against Latino and black borrowers.
Azealia Banks

Azealia Banks Calls for Reparations from Banks, Companies for African Americans

A June 2014 article in The Atlantic made a case for reparations. Now, adding herself to the list of those seeking reparations is hip-hop artist Azealia Banks.
Azealia Banks

Azealia Banks Calls for Reparations from Banks, Companies for African Americans

A June 2014 article in The Atlantic made a case for reparations. Now, adding herself to the list of those seeking reparations is hip-hop artist Azealia Banks.
citigroup city new york stock exchange

Citigroup Pays $7 Billion in 'Historic' Mortgage Loan Settlement to US Justice Department

Citigroup Inc. resolved federal and state claims regarding the company's handling of residential mortgage-backed securities (RMBS) by settling with the U.S. Department of Justice for $7 billion.
bank

Bias in Banking: Minority Business Owners Suffer More Scrutiny, Offered Less Help

When Latino and black entrepreneurs enter banks to secure a loan to jumpstart their small businesses, they are given less information, asked more questions regarding their personal finances, and are offered less help with their application than white loan applicants.
Los Angeles Bank Robbery

Los Angeles No Longer "Bank Robbery Capital of the World," FBI Surprised

Since the 1960s, the city of Los Angeles has become known as the Bank Robbery Capital of the World, but after a half a century, FBI agents are now wondering, "where did all the bandits go?"

Latinos are Among the Most Unbanked, Financially Isolated

The Hispanic customer base is “on the margins of the banking system” and they are often left dissatisfied when seeking financial services from financial institutions.

New $100 Bill Design & Release Date 2013: Revamped Benjamins Are Harder to Counterfeit, and Harder to Look At

The United States is finally unveiling its first redesigned $100 bill since 1996.
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