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Tom Schoenberg

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FORMER NATIONAL SECURITY adviser Michael Flynn. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Flynn lawyers are said to stop cooperation with Trump legal team

NEW YORK - The legal team for former National Security Adviser Michael Flynn has stopped sharing information with President Donald Trump’s lawyers about the...
OVER 400 PEOPLE were arrested in a government crackdown on health care fraud. /BLOOMBERG FILE HPTO/KIYOSHI OTA

6 arrested in R.I. as part of $1.3B health care fraud...

NEW YORK - More than four hundred people were charged in a sweeping crackdown on health care fraud that cost taxpayers $1.3 billion, in...
BANK OF AMERICA Corp.'s $16 billion to $17 billion settlement with the Justice Department could be announced as early as Thursday, according to people with knowledge of the matter.

BofA mortgage accord with U.S. said coming as soon as Thursday

WASHINGTON – Bank of America Corp.’s record settlement with the Justice Department over the sale of mortgage bonds in the run-up to the 2008...

BofA said to near mortgage settlement for as much as $17B

WASHINGTON - Bank of America Corp. is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and...
NEGOTIATIONS TO HEAD OFF a federal suit over the sale of mortgage-back bonds have hit an impasse, making it more likely that the government will take Bank of America to court for its role in the financial crisis.

BofA mortgage negotiations said to stall as U.S. readies lawsuit

WASHINGTON - The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the...

BofA risks reporting loss on mortgage accord, Portales says

NEW YORK – Bank of America Corp. could post a second-quarter loss because of costs tied to resolving federal and state probes into the...
A FEDERAL JUDGE IN CONNECTICUT has ordered a division of Royal Bank of Scotland to pay $50 million to help settle charges that employees of the bank rigged the London interbank offered rate over a number of years. / BLOOMBERG FILE PHOTO/SIMON DAWSON

Royal Bank of Scotland Japan unit sentenced in Libor probe

NEW YORK - Royal Bank of Scotland Group PLC was ordered to pay $50 million by a federal judge in Connecticut as part of...

U.S. said to open criminal probe of currency-market rigging

WASHINGTON - The U.S. Justice Department has opened a criminal investigation of possible manipulation of the $5.3 trillion-a-day foreign exchange market, a person familiar...
BANK OF AMERICA allegedly hid mortgage-bond risks from investors in 2008, according to two lawsuits filed by the U.S. / BLOOMBERG FILE PHOTO/DANIEL ACKER

BofA lied to investors about mortgage-bond risks, U.S. Says

WASHINGTON -- Bank of America Corp. was sued by the U.S. for allegedly hiding risks from investors in a 2008 deal for $850 million...
A FEDERAL APPEALS COURT ordered that two CVS/pharmacy stores in Florida be allowed to sell controlled substances, after a U.S. Circuit Court judge had suspended their right to do so following a DEA probe over oxycodone sales. / BLOOMBERG NEWS FILE PHOTO/ELIOT J. SCHECHTER

CVS gets reprieve

WASHINGTON - The suspension of two CVS Caremark Corp. pharmacies from selling controlled substances, ordered by the Drug Enforcement Administration after a probe of...
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