10 US banks to pay $8.5B for foreclosure abuse

Banking & Finance

Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes

(Source: AssociatedPress YouTube channel)

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Changing lanes
Double Olympic gold medallist and former British politician Sebastian Coe has become the face of world athletics during one of the its toughest eras. With his experience as chairman of leading sports media agency CSM, he talks candidly about corruption, doping allegations and the Gulf’s potential to become an international sporting destination.

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