Banking Archive » January, 2020

Banking - January, 2020

328 articles

• Fired Morgan Stanley Director Cites 'Anti-Jewish Sentiment'
• Wells Fargo Inks $79M Deal In Deferred Compensation Suit
• Gov'ts Will Have Back-Seat Role In Crypto Adoption, Atty Says
• Former Mo. Business Owner Pleads Guilty In Fraud Scheme
• Miami Drops Discriminatory Lending Suits Against Banks
• Real Estate Rumors: Bank Of China, Ameris Bank, Erudite
• 13 Firms To Steer 7-IPO Week Led By Another $1B-Plus Deal
• SunEdison Was Out Of Cash Before Stock Offering, Court Told
• No Reboot For Misconduct Suit Against Mass. Judge
• ILPA Model Presents Private Equity Fund Financing Hurdles
• SEC Highlights Operational Resiliency In Cyber Exam Results
• Taxation With Representation: Wachtell, Kirkland, Skadden
• Feds Say Accountant Bilked Amish, Mennonites In $60M Ploy
• Why Some Cities, States Are Rejecting Cashless Commerce
• Most Lawyers Do Not Understand How AI Works
• Ex-Morgan Stanley Broker Who Stole $5M To Leave Jail
• UK Litigation Roundup: Here's What You Missed In London
• 4 Considerations When Moving To A New Law Firm
• Barclays' Lawyers Fell In Line With Qatar Deal, SFO Says
• As Cash Falters, Reps. Urged To Rein In Digital Payments
• 7th Circ. Dubs Fee-Seeker A 'Stranger' To $8.5M TCPA Deal
• BNY Mellon Beats Residents' Lead Paint Claims
• CFPB Names Ex-BigLaw, DOJ Atty As New Enforcement Head
• DOJ Taking Closer Look At $26B Schwab-TD Ameritrade Deal
• ITT Directors Dodge Trustee's Suit Alleging Mismanagement
• Tribe Hits U.S. Bank With $50M Investment Suit
• Ripple IPO Talk Sparks Buzz About Crypto-Related Floats
• Gunster Yoakley Steers Bank Holding Co.'s $62M IPO Plans
• A Modest Plan To Streamline Civil Cases In LA Superior Court
• UBS Nabs $1B Trial Win In Highland Capital Funds Dispute
• Banking Practice Group Of The Year: Sullivan & Cromwell
• Wells Fargo Borrowers Win Cert. In Foreclosure Suit
• Bank Can't Void DOL's $6.5M Win In Employee Stock Deal Suit
• Feds Pitch Volcker Relief For Foreign Funds, VC Investments
• Sanctuary Belize Judge Chides Developers For Playing Dumb
• House OKs Regulation Of Credit Reporting, Score Formulas
• Black Knight Says Antitrust Suit Is Based On 'Lawful Conduct'
• LendingClub Again Seeks End To Investors' FTC Claims
• Comptroller Tells Dems He Won't Hit Brakes On CRA Revamp
• Abraham Fruchter Seeks $12M In Fees For TerraForm Deal
• What Courts Are Saying About Litigation Finance Disclosure
• Eyeing Trends In Multilateral Development Bank Enforcement
• SECURE Act All But Kills Retirement Wealth Transfer Strategy
• Berkshire Agrees To $10M Deal In Acme Benefits Class Action
• Texas Panel Urged To Revive Winstead Malpractice Suit
• Banking Practice Group Of The Year: Paul Weiss
• Santander Hits Back At Breach Of Contract Lawsuit
• CFPB's 'Abusiveness' Policy Seen As Missed Opportunity
• 7th Circ. Says Experian Tried To Use FCRA As Sword
• Fintech Co. LendingUSA Hires Ex-Skadden Atty As GC
• UK-Based Market Spoofer Gets Home Confinement
• UBS Compels Arbitration For Atty's Retaliation Claim
• 1st Circ. Says Santander Didn't Fire Manager Because Of Age
• Irell & Manella Juggled Two IP Trials To Win Big For USAA
• Ex-JPMorgan Trader Can't Flip Forex Verdict, DOJ Says
• Real Estate Rumors: Amazon, G6 Hospitality, DL3 Realty
• China Urges Investors To Respond 'Rationally' To Coronavirus
• Surefire Marketing Methods To Build Your Legal Practice
• Strategy Lessons From Wells Fargo Fintech Patent Litigation
• Construction Co. Accountant Gets Prison For Stealing $3M
• Banking Practice Group Of The Year: Mayer Brown
• 6 CFPB Areas To Watch In 2020
• Judge Rejects Recusal Bid In Lehman Deferred Comp. Dispute
• Goldman Sachs Looks To Nix ERISA Suit Over Affiliated Funds
• DC Circ. Sinks Ex-Greenberg Atty's OCC Action Challenge
• Northern Trust Asks For Quick Exit From Fiduciary Suit
• Trust In Barclays' 2008 Cash Call Info 'Misplaced,' Jury Told
• Congress Doesn't Need Trump Financial Docs, Justices Told
• Regulators Clash With Wall Street As Liu V. SEC Looms
• SEC Staffers Outline Cybersecurity Expectations For Firms
• House To Vote This Week On Dem Changes To Credit Reports
• Cboe Wins Exit From VIX Manipulation Suit
• SEC Seeks To Close Book On Alleged Blockvest Crypto Fraud
• Countrywide Arbitration Pact Doesn't Pass Muster, NLRB Says
• Setting Boundaries: An Essential Skill For Lawyers
• Banking Group Of The Year: Cravath
• MoneyMutual To Settle Calif. Payday Loan Suit For $2M
• A Robust FCPA Compliance Program Is Imperative In 2020
• Proskauer Can't Shake Stanford Ponzi Suit In Antigua
• Employer Opportunities In New Pooled Retirement Plan Rules
• Yulchon Guides Net1 In $237M Sale Of Korean Payments Biz
• Wachtell, Davis Polk Guide $6B Bank Merger
• States Beef Up Fintech Regs As Feds Slow To Offer Guidance
• CFPB Tightens Approach To 'Abusiveness' With New Policy
• MoneyGram's New General Counsel Is Starbucks Alum
• FCA's Epic Run In 2010s Will Be Hard To Match In 2020s
• Home Depot Breach Class Attys Score $15.2M After Fee Fight
• Real Estate Rumors: Cantor, Butters Construction, Elion
• ABA Rules For Departing Attys Set Unprecedented Limits
• 11th Circ. Insurance Ruling Views Cybercrime Realistically
• $5M SocGen Deal Puts Libor Investors Up To $187M
• 3rd Circ. Won't Rehear Dispute Over Bear Stearns MBS Sale
• Banking Group Of The Year: Cadwalader
• UK Litigation Roundup: Here's What You Missed In London
• AIG Wins Appeal In $108M Unpaid Bonuses Fight
• Chase Card Interest Case In Peril After Dismissal Endorsed
• Dems Criticize 'Dark Money' In CFPB High Court Case
• AGs Tell Justices Not To Scrap CFPB Over Removal Provision
• 5 Countries Probing Central America Bank For Tax Evasion
• Goldman Sachs Demands Diverse Boards For IPOs
• DeVos Wants Boosted Contempt Bid Squashed
• Ex-Trader Seeks Time Served in Chicago Spoofing Case
• Capitol Hill's Diversity Efforts Are Rubbing Off On Wall Street
• Class Fights To Keep Cert. In Crypto 'Miners' Ponzi Case
• Wells Fargo Ex-CEO Fined $17.5M For Role In Sales Scandal
• Credit Suisse Denies Knowledge Of $2B Mozambique Scam
• Congress Weighs In On SEC Disgorgement Power Challenge
• PNC Bank Pays $2.75M To Settle Workers' Unpaid Time Suit
• 21 States Urge OCC To Withdraw Proposed Madden Fix
• Comptroller Balks At Calls For Extra Time On Lending Rules
• Borden Dairy Defends Use Of Cash Reserves In Ch. 11 Case
• Spending Addiction Diagnosis Gets Power Broker Lesser Term
• Venator, Underwriters Score An Out From IPO Fraud Suit
• Chinese Banks Avoid $150M Fine Over Fake Nikes
• BofA Slams Bid To DQ Goodwin Procter In Lending Bias Suit
• Nissan Ex-CEO Illustrates Do's And Don'ts Of Image Repair
• NJ Justices Dig Into Logic Of TD Bank Forged Checks Ruling
• Real Estate Rumors: SL Green, Columbia, Michael Shvo
• Default Judgment In Cryptocurrency Scam Case Reversed
• Shearman & Sterling, Greenberg Traurig Steer $62M NYC Loan
• EEOC Secures Over $22M In Settlements To Start 2020
• Investors Bancorp Denies Stock Award Quid Pro Quo
• NY Settlement Lets Goldman Sachs Exit La. Bond-Rigging Suit
• Surprise Attorney Shakes Up Sanctuary Belize Trial
• Cannabis Banking Bill Sponsors Push For Progress In Senate
• PennyMac Says 'Monopolist' Software Co. Must Face Lawsuit
• Citibank Fined $18M Over Uninsured Flood-Prone Homes
• US Bank Seeks Win On Ambac's Last Trust Insurer Claim
• Execs Invented Barclays' Favored Status With Qatar, Jury Told
• Fed's Quarles Pitches 'Transparency' Push In Supervision
• Gemini Rolls Out $200M Insurance Policy For Crypto Clients
• Lender Curo Denies Wrongdoing In Answer To Investor Suit
• Former RBC Analyst Avoids Prison For Insider Trading
• PR Board Says Bondholders Can't Claim Highway Money
• Feds Seek To Jam Revolving Door In High-Profile Cases
• SEC Fights Bahamian Adviser's Bid To Kill Fraud Suit
• Western Union Brass Accused Of Shoddy Anti-Fraud Efforts
• Texas Justices Won't Review Frack Co.'s Atty Malpractice Suit
• Fintech Blank-Check Co. East Stone Readies $100M IPO
• PCAOB's 2019 Enforcement Actions Hint At 2020 Focus
• Dechert Nabs 2 Real Estate Attys From Sullivan & Worcester
• Baseball Scandal Highlights Compliance Lessons For Banks
• Citi Debuts $150M Impact Fund To Target US Private Sector
• BB&T Escapes Ex-Employee's FMLA Claim, For Now
• RBS Demands £24M From Insurers Over Madoff Fraud Losses
• UK Litigation Roundup: Here's What You Missed In London
• Jail Talk Was 'Shorthand' For Qatar Deal Risks, Jury Told
• Bid To Move Crypto Suit Overseas Called 'Pious' Pretense
• Pot Lobbies Urge Key Senator Not To Undermine Banking Bill
• SG Argument Likely Dooms Ariz. Tax Case At High Court
• Wells Fargo Won't Settle With Calif. Class In Mortgage Suit
• Deal In Nationstar Mortgage Tax Suit Gets Final Approval
• FIRREA Remains Potent Civil Fraud Enforcement Tool
• Outspoken SEC Commissioner Jackson To Leave Agency
• Managing Money Laundering Risk In The Art Trade
• SEC Urges Justices Not To Cuff Its Disgorgement Power
• US Says Cos. Have 90 Days To Comply With Iran Sanctions
• How Associate Life Has Evolved Over The Past Decade
• Phelan Hallinan Won't Be Sanctioned For 'Stale' Accusations
• Investors Say PNC Was 'Intimately Involved' In EB-5 Fraud
• Banker Denies Brainstorming Dishonest Ways To Pay Qatar
• Equifax Data Breach Settlement Is A Good Deal, Judge Says
• Justices Seem Keen To Solve ERISA Case's Article III Question
• AmEx Wins Arbitration, Dismissal For Anti-Steering Suit
• FTC Settles With Sales Worker In Belize Scam For $86M
• Skepticism Greets Bid To Hold Lender Liable In India Damage
• Buckley Nabs Big-Bank Defense Attorney From MoFo
• Juror Podcast, Queries Can't Upend Trader's Guilty Verdict
• Tribune Ruling Charts Course For Bankruptcy Safe Harbor
• Fed's Real-Time Payments Idea Presents Risks, Challenges
• VC Firm Behind Goop, Peloton Raises $300M
• Wells Fargo Workers' Attys Get $10.5M Cut Of $35M OT Deal
• Where The Fight Over FTC's Enforcement Authority Stands
• UK-Based Market Spoofer Asks For No Prison Time
• SocGen Reaches Settlement In Libor-Rigging Suit
• CFPB Defender Says Constitutional Case 'Remarkably Weak'
• What To Expect If The CFPB Changes Course In 2021
• PIs Who Broke Ex-Bank Client Confidence Found In Contempt
• Netherlands, Australia Lead As Securities Deal Hotspots
• PayPal Charity Arm Settles For $200K Over Diverted Funds
• Ex-Raydon Worker Pushes For Sanctions In ERISA Suit
• Feds Say UK-Based Market Spoofer Shouldn't Go To Prison
• Bitcoin Founder Reveals Holdings After Sanctions Threat
• Investor Blasts Crypto Co.'s Listicle-Like Dismissal Bid
• CFPB Says Loan Relief Probe Can't Wait For Seila Decision
• 3rd Circ. Sheds Light On Ch. 11 Liability Release Approval
• OFAC's New Iran Sanctions May Not Signal Seismic Change
• BlackRock Joins Finance Industry's Retreat From Coal
• Atty Errors Keep Girardi, 'Housewives' Star In Lender Suit
• Greenberg Traurig Nabs Mueller Alum For Investigations Team
• Hong Kong Ends UBS' IPO Suspension Ahead Of Time
• Banks, Ex-Merrill Traders Seek Exit From Spoofing Case
• Ex-Barclays CEO Pushed Side Deal To Pay Qatar, Jury Told
• Disgraced Atty Loses Bid To Dismiss Lender Fraud Suit
• Wells Fargo Dodges Most Of Auto Insurance Stock-Drop Suit
• Senate Dems Want CFPB's Lowball Restitution Orders Probed
• Ex-FinCEN Staffer Cops To BuzzFeed Russia Probe Leaks
• Wine Co. Shareholder Objects To Report In $28.7M Award Row
• Judge Orders Telegram To Produce Redacted Bank Docs
• 'Cocaine Cowboy' Can't Kick Conviction For Car Fraud
• Ban On Insider Trading During '8-K Gaps' Heads To Senate
• Justices Order 2nd Circ. To Rethink Terror Funds Ruling
• Skadden, Wilson Sonsini Guide $5.3B Visa-Plaid Deal
• Bankruptcy Ruling Signals Lenience For Student Debtors
• Banks Call TelexFree Suit Revision A Waste of Time
• FinCEN's Most Lethal AML Weapon Against Foreign Banks
• Florida Bank Says Execs Stole Secrets Before Jumping Ship
• Texas Regulator Puts Crypto Among Top Threats To Investors
• Ex-Deutsche Trader Says DOJ Outsourced Spoofing Probe
• High Court Won't Mull Arbitration For Tribal Co.'s Loans
• Judging A Book: Dyk Reviews 'Democracy And Equality'
• High Court Won't Take Up Puerto Rico Bondholder Ruling
• SEC Seeks Sanctions For Blockvest's 'Bad Faith Deception'
• High Court Won't Review $5.2M Judgment Despite Atty DQ
• Supreme Court Won't Hear Fight Over SEC's Pay-To-Play Rule
• Justices Won't Review Tax On $377M Deemed Foreign Income
• SEC's Audit Proposal May Bolster Compliance, Competition
• Justices Skeptical Of US Bank Retirees In ERISA Case
• No Confiscation Hearing Delay In Nigeria Fraud Case
• Qatar Move To Steer Biz To Barclays There 'In Black & White'
• Law360 Names Practice Groups Of The Year
• The Firms That Dominated In 2019
• Cuomo Plan Would Reinforce NY's Financial Protection Role
• Wells Fargo Loses 2nd USAA Patent Trial In $102M Verdict
• High Court Could Limit ERISA Suits With US Bank Decision
• Newsom Aims To Revamp Biz Oversight To Fill Trump Vacuum
• Judge Lifts Hefty Sanctions Against Bitcoin Founder
• Iranian Cyber Threat Raises Stakes For Corporate Security
• Deal Makers Head To JP Morgan Conference In Bullish Mood
• Man Gets 5 Years For Bilking $1.6M From Law Firms, Charities
• Dems Urge FCC To Build Defense Against SIM Card Scams
• The Pitfalls Of SEC's Crypto Regulation By Enforcement
• Ex-Cop Admits Bilking NY Credit Union, Agrees To Pay $425K
• US Bank Fights BofA's Bid To Ax $3.5B RMBS Trusts Suits
• Goldman Sachs Looks To Exit 1MDB Shareholder Suit
• 7 Insider Tips For Working With In-House Counsel
• US Sanctions Iran's Metal Industry After Missile Attacks
• UK Litigation Roundup: Here's What You Missed In London
• CFPB Sues Mortgage Lender For Credit Report Abuses
• NY Court Told OCC's Madden Fix Proposal Merits 'Scorn'
• Wells Fargo Kiboshes Website Calling Its Atty 'The Prostitute'
• CohnReznick Hit With Investor Suit Over Platinum Audits
• Ex-DOJ Official Matt Miner Heads Back To Morgan Lewis
• Kazakh City, Bank Fight Halt Of Sater Money Laundering Suit
• 1 Global Exec Pleads Guilty To Conspiracy In $287M Scheme
• States' Suit Over For-Profit College Regulation May Be Moot
• Ex-Lehman Execs Fight For Up To $300M In Retirement Pay
• 50 Years Later, Interpretive Challenges Remain For RICO
• Investors Want IberiaBank-First Horizon Merger Paused
• Rothschild's PE Biz Brings In €1B For 5th Secondary Fund
• 3 Key Questions Now That The SECURE Act Is On The Books
• Swiss Trader's Trial Testimony Prompts Goldman Sachs Probe
• States Should Not Follow ABA On Attorney Conduct Rules
• Banker Testifies Dedication, Not Greed Drove Barclays Work
• Students Seek To Boost $100K Contempt Fine Against DeVos
• Wells Fargo Slams Website Calling Its Atty 'The Prostitute'
• Dodd-Frank Architects Join Legal Challenge To SEC's Reg BI
• Ariz. Judge Refuses To Toss Ex-Backpage Execs' Charges
• NJ Dealers Say Nissan Saddled Them With Predatory Loans
• Ex-NJ Banker Cops To Duping SBA For Loan Guarantee
• Ex-Mt. Gox Chief Seeks Win In Bitcoin Exchange Fraud Suit
• Ex-McGuireWoods Fintech Chair Heads To PayActiv
• The Making And Unmaking Of The Volcker Rule
• What Federal Cannabis Bills Mean For Private Lenders
• Gebhardt & Smith Guides M&T Bank's $240M NYC Loan
• Texas Justices Dig Into Appraisal In Soured Credit Suisse Deal
• Barclays Says Suit Can't Tie It To US Or Bond Price-Fixing
• How Courts And Litigants Can Benefit From Special Masters
• Ex-Barclays Exec Tells Jury Attys Knew Qatar Deal Concept
• Argentina Dodges Hedge Fund's $84M Bond Suit, For Now
• BofA Defends Bid For NY Escrow Interest Preemption Appeal
• Crypto And Data Use Remain SEC Examination Targets In 2020
• SEC's Bank Secrecy Act Powers Challenged At 2nd Circ.
• Uber Policy Calls For Refresher On ABA Confidentiality Rules
• Texas Firm Defeats $4.7M Contingency Fee Suit
• Singapore Reports 'Strong' Demand For Digital Bank Licences
• 3rd Circ. Urged To Rethink Bear Stearns' Securities Sale
• Goodwin, King & Spalding Steer Fintech Co.'s $17.65M Round
• Real Estate Rumors: Cantor Fitzgerald, Kitopi, Northpoint
• Ex-Goldman Sachs Banker Cops To Insider Trading
• Ex-Barclays Exec Tells Jury Qatar Deal Was Close To The Line
• The Real Danger Of Outsourced Government Investigations
• SEC Denied Immediate Access To Telegram's Bank Records
• FTC Says Broker Parried Yelp Complaints With Personal Info
• NY Banking Regulator Flags Heightened Iranian Cyber Threat
• Winston To Close Dubai Office As Squire Patton Nabs Attys
• Mayer Brown Adds Fund Formation Pro From Skadden
• Snell & Wilmer Combines With Commercial Finance Boutique
• 2 Firms Ask To Co-Lead $1.4T Bitcoin Manipulation Case
• No Lawyer, No Case To Challenge Schwab-TD Ameritrade Deal
• Truist Can't Dodge Trial In Santander's $16M Transfer Fight
• Credit Union Group Says USDA Hemp Rules Need Tweaking
• Ex-Private Equity Exec Will Cop To Raiding Insurers
• FDIC Proposal Offers Welcome Clarity On Brokered Deposits
• Rethinking Corporate Crisis And Litigation Communications
• Simpson Thacher-Led Mortgage Lender Launches $109M IPO
• John Wiley Pays $129M For PE-Backed IT Employee Provider
• 'I'm Not That Clever,' Ex-Barclays Banker Tells Fraud Trial
• Feds Seek 7 Years For Belgian Fraudster Who Bilked Firms
• Software Provider Seeks Ax Of Loan Servicer's Antitrust Suit
• Telegram Calls SEC's Bank Requests A 'Fishing Expedition'
• ProShares Wins Dismissal Of Investors' Suit Over Risky Fund
• 6th Circ. Affirms Law Firm's Win In Debtor's Anxiety Suit
• 2 Overlooked Advantages Of Hourly Fees
• 'Pyrrhic' Win In Bank's Bid To Freeze Fund's Waning Assets
• Insight Partners Leads $73M Capital Raise For UK Fintech Co.
• Banks Deny Trading Benefit In UK Forex Rigging Suit
• SEC Seeks Full Telegram Bank Records By Next Week
• Estate Can't Yet Bar Bitcoin 'Inventor' Wife's Trial Testimony
• SEC Proposes To Ease Auditor Independence Rules
• The Top 10 TCPA Cases Of 2019
• Experian Agrees To Pay $24M To Payday Loan Customers
• BofA To Settle Calif. Mortgage Escrow Interest Suit For $35M
• Emmet Marvin Helps Bank Leumi With $71M Brooklyn Loan
• Fintech Litigation To Watch In 2020
• New York Cases To Watch In 2020
• 4 Financial Services Litigation Hot Spots To Watch In 2020
• Securities Litigation To Watch In 2020
• Banking Regulation To Watch In 2020
• Consumer Protection Cases To Watch In 2020
• Cybersecurity & Privacy Cases To Watch In 2020
• 3 Cannabis Policy Trends To Watch In 2020
• SEC And CFTC Regulatory Priorities To Watch In 2020
• Federal Tax Cases To Watch In 2020
• White Collar Cases To Watch In 2020
• Fintech Regulation To Watch In 2020
• 5 Burning Questions Heading Into The 2020 IPO Market
• 5 Things To Watch In Litigation Finance This Year