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City National Bank has agreed to pay $31 million for alleged lending discrimination in the largest redlining settlement in Justice Department history.
The Royal Bank of Canada subsidiary avoided providing mortgage lending services to majority-Black and Hispanic neighborhoods ...
Among that total is a $20 million federal settlement with Trident Mortgage in Pennsylvania in July and a $13 million settlement with Lakeland Bank in New Jersey in September.
City National Bank agreed to the consent order, which is subject to court approval, after prosecutors alleged that the ...
As 2023 begins, a key anti-financial discrimination initiative is expanding million-dollar penalties and the kinds of ...
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