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

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.

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 predict the move is a harbinger of what’s to come for Corporate America in an era of strong job growth and…

Previous Here's how comScore fared on its first day back on the Nasdaq
Next New guidelines allow banks to offer short-term, small-dollar loans

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *