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If Barclays is hoping the resignation of Chairman Marcus Agius will help draw a line under the scandal engulfing the U.K. bank, then it is likely to be mistaken.
Since becoming comptroller of the Currency in April, Thomas Curry has been fending off renewed doubts about the ability of regulators to keep up with the risk taking of the nation's biggest, most complex financial firms, like J.P. Morgan.
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States across the country are proposing a range of new rules that would make it more difficult for banks to foreclose on troubled homeowners.
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Marcus Agius will step down from Barclays as soon as Monday, amid fallout from the bank's $453 million settlement of probe into Libor manipulation.
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The ill-fated acquisition of Countrywide Financial has cost Bank of America more than $40 billion in real-estate losses, legal expenses and settlements with state and federal agencies, and the bill may get higher still.
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Banks, savings banks and thrifts that have failed since 2008.
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