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Rabobank pleads guilty, agrees to pay over $360m

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Rabobank National Association (Rabobank), a Roseville, California subsidiary of the Netherlands-based Coöperatieve Rabobank U.A., appeared Wednesday before U.S. Magistrate Judge Jill L. Burkhardt and pleaded guilty to a felony conspiracy charge for impairing, impeding and obstructing its primary regulator, the Department of the Treasury’s Office of the Comptroller of the Currency (the OCC) by concealing deficiencies in its anti-money laundering (AML) program and for obstructing the OCC’s examination of Rabobank.

C Suisse punishment sends warning to other big banks

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The U.S. Justice Department didn’t blink in its pursuit of a guilty plea from Credit Suisse for helping thousands of Americans evade taxes. What prosecutors accomplished with the criminal conviction - the first of a major bank in a decade - isn’t as clear.

BofA in DOJ settlement talks for $10B+: Sources

Bank of America, one of the nation's largest banks and mortgage providers, has been working aggressively to put its mortgage liabilities behind it. Last month, it announced a $6.3 billion settlement of its outstanding mortgage-security and other contract issues with Fannie Mae and Freddie Mac.

Bank of America trades investigated

Bank of America’s handling of futures trades has been investigated by the U.S. Department of Justice and the Commodity Futures Trading Commission, according to a regulatory filing in June.

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Rabobank pleads guilty, agrees to pay over $360m

Rabobank National Association (Rabobank), a Roseville, California subsidiary of the Netherlands-based Coöperatieve Rabobank U.A., appeared Wednesday before U.S. Magistrate Judge Jill L. Burkhardt and pleaded guilty to a felony conspiracy charge for impairing, impeding and obstructing its primary regulator, the Department of the Treasury’s Office of the Comptroller of the Currency (the OCC) by concealing deficiencies in its anti-money laundering (AML) program and for obstructing the OCC’s examination of Rabobank.