Employees say intense sales demands at Wells Fargo branches create a dilemma for many: cheat or risk being fired. Bank officials say they make ethical conduct a priority.
Ally Financial Inc., a former General Motors Corp. lending arm that taxpayers bailed out during the financial crisis, will pay $98 million to settle federal government allegations that car dealers overcharged blacks, Latinos and Asians for Ally?s auto loans.
Hanmi Financial Corp., a large community bank based in Los Angeles' Koreatown, is taking a major step out of California by acquiring Central Bancorp, a troubled Garland, Texas, company that also focuses on Asian Americans.
Most of the 1,500 job cuts that Botox maker Allergan Inc. announced Monday morning will be made in Southern California, the company?s chief executive said.
Mickey Baker, an exceptional 1950s session guitarist who played on hundreds of recordings, helping to transform rhythm and blues into rock 'n' roll, died Tuesday at his home near Toulouse, France, according to French media reports. He was 87. A cause of death was not disclosed. Baker "was the first great rock and roll guitarist," rock historian Dave Marsh wrote in 1989 in "The Heart of Rock and Roll: The 1001 Greatest Singles Ever Made." The sassy "Love Is Strange" was one of them. PHOTOS: Notable deaths of 2012 Rolling Stone once called the recording Baker's "crowning achievement." He performed the 1957 hit as a duet with Sylvia...