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New York claims more proof of bank mortgage abuses

NEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp <BAC.N>, Wells Fargo and Co <WFC.N> and other banks violated the terms of a settlement designed to end mortgage servicing abuses.Full story

Bear Still Sees S&P Heading to 1,390

  Multiple contraction could still drag down the stock market by year's end, Gina Martin Adams of Wells Fargo says.

Rally Red Flags?

  Wall Street is chasing the rally, and CNBC's Steve Liesman reports on why some have missed the boat; and Gina Martin Adams, Wells Fargo, discusses her bearish year-end target.

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Articles

Wells Fargo again ordered to settle overdraft case

News Summary: US builder confidence rises in May

NY AG: 2 banks violated mortgage accord

New York to sue BofA, Wells Fargo over mortgage practices

Wells Fargo in $105 million pact over Medical Capital: court papers

Business owners more upbeat about their companies

U.S. taxpayer Caribbean accounts targeted: Justice Department

U.S. seizes on ruling to boost Wells Fargo mortgage fraud case

Penney in talks with some parties for a new loan: WSJ

After blasts, financial firms seek to reopen Boston offices on Tuesday

Video

  Is the Downturn Here?

The state of the markets and how to invest now, with Anika Khan, Wells Fargo senior economist.

  Wells Fargo By the Numbers

CNBC's Kayla Tausche reports on Wells Fargo's Q1 earnings. The bank's CFO Tim Sloan offers insight on recent cost cutting and shares his housing outlook.

  The Future of Your Local Bank

Wells Fargo is launching a radical redesign of its forthcoming branches to cut costs and keep growing, reports CNBC's Kayla Tausche. The "Power Lunch" crew and Business Insider's Henry Blodget, weigh in.

  Big Bank Debate: JPMorgan vs. Wells Fargo

Should investors buy JPMorgan or Wells Fargo? FMHR's Stephanie Link and Simon Baker, debate the trade.

  Minneapolis Mayor: We Welcome Immigrants to Community

CNBC's Brian Sullivan speaks to Minneapolis Mayor R.T. Rybak, (D) about how the city attracts businesses such as Wells Fargo and General Mills, and ways in which the city supports immigration. "Minneapolis grows companies, and we have welcomed immigran...

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Related Photos

The logo for Wells Fargo bank is pictured in downtown Los Angeles
The logo for Wells Fargo bank is pictured in downtown Los Angeles

The logo for Wells Fargo bank is pictured in downtown Los Angeles, California in this July 17, 2012 file photo. New York Attorney General Eric Schneiderman on Monday said he plans to sue Bank of America Corp and Wells Fargo and Co for violating the National Mortgage Settlement brokered last year bet

Occupy Fights Foreclosures demonstrator wears a mock bloody pin in reference to Wells Fargo financial advisor Cain as he demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California
Occupy Fights Foreclosures demonstrator wears a mock bloody pin in reference to Wells Fargo financial advisor Cain as he demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California

An Occupy Fights Foreclosures demonstrator wears a mock bloody pin in reference to Wells Fargo financial advisor Ronald Cain as he demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California May 1, 2013. REUTERS/David McNew (UNITED STATES - Tags: SOCIETY IM

Occupy Fights Foreclosures protesters demonstrate against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California
Occupy Fights Foreclosures protesters demonstrate against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California

Occupy Fights Foreclosures protesters demonstrate against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California May 1, 2013. REUTERS/David McNew (UNITED STATES - Tags: CIVIL UNREST BUSINESS)

Occupy Fights Foreclosures demonstrator holds a "Get out of jail free card" placard and mock guillotine as she demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles
Occupy Fights Foreclosures demonstrator holds a "Get out of jail free card" placard and mock guillotine as she demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles

An Occupy Fights Foreclosures demonstrator holds a "Get out of jail free card" placard and mock guillotine as she demonstrates against foreclosure practices at a Wells Fargo Bank on May Day in Los Angeles, California May 1, 2013. REUTERS/David McNew (UNITED STATES - Tags: SOCIETY IMMIGRATION CIVIL U