BANKING & FINANCE - Jan. 18, 1992
- Share via
First Nationwide Agrees to Fine: The San Francisco thrift holding company agreed to pay $400,000 in civil penalties for violating federal regulations governing transactions between its thrift units. First Nationwide called the fine, one of the larger paid by a savings and loan, “out of proportion” to the issues first raised by the Office of Thrift Supervision in a 1990 examination, but added that it was eager to resolve the dispute. First Nationwide, the nation’s sixth-largest thrift, is owned by Ford Motor Co.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.