Big banks say their legal costs are tumbling, and that bodes well for companies in Philadelphia


The nation’s largest banks — and public companies, for that matter — are preparing for a timeout from the courtroom following years of being pummeled by shareholder and investor lawsuits in the wake of the Great Recession. And several of the Philadelphia region's largest public companies are among those with the highest legal bills.

At the end of 2017, the country's largest banks collectively decreased their estimates for future legal costs to their lowest levels since 2012, and legal experts…

Previous Square, Facebook, other Silicon Valley executives are popular choice for nation’s boardrooms
Next Triad corporation files to issue $65 million in stock