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In other developments, the bank, its CEO and its chief financial officer ended up targeted here this week in a class-motion lawsuit that claims the company did not disclose the challenges that future desire rate increases would have on its company.
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In other developments, the bank, its CEO and its chief financial officer were targeted inside of a class action lawsuit that claims the company didn't disclose the pitfalls that foreseeable future interest rate increases would have on its business.
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Over the 2008 financial crisis, the parent companies of failed banks Washington Mutual and IndyMac filed for bankruptcy protection in the days after their banking operations failed
Beneficial link:
economictimes.indiatimes.com