Regions Bank settles $25M fraud complaint

May 15, 2013 

Regions Bank settles $25M fraud complaint

Birmingham, Ala.-based Regions Financial Corp. has agreed to pay the Louisiana Firefighters' Retirement System $25 million to settle a complaint alleging that it was defrauded by a former portfolio manager, The (New Orleans) Times-Picayune reported April 26.

 NYC mayor Bloomberg announces expanded EITC

May 11, 2013 

NYC mayor Bloomberg announces expanded EITC

New York Mayor Michael R. Bloomberg and a deputy mayor focused on healthcare have announced a pilot program to expand the Earned Income Tax Credit for low-income single workers without dependent children, with the goal of increasing employment and earnings.