Banking Archive » January, 2021

Banking - January, 2021

304 articles

• Coinbase's Public Listing Plans Shine Spotlight On Crypto
• Fla. Philanthropist Escapes $9.8M Foreclosure Judgment
• Hedge Fund Says Banks' Spoofing, Naked Shorting Cost It Big
• FDIC Fines Apple Bank $12.5M Over AML Compliance
• Morgan Lewis Must Supply NY AG More Trump Org. Docs
• Big Banks 'Sow Confusion' In Small Bond Suit, Investors Say
• Prepare For NY Data Privacy Law To Catch Up To Calif.
• Denmark Settles Dispute With Pension Plan In Tax Row
• K&L Gates Adds New Banking, Finance Partner In Chicago
• SEC Must Reprioritize Investor Protection To Foster Recovery
• UK Litigation Roundup: Here's What You Missed In London
• Preparing The Securitization Market For Libor Transition
• Ex-Goldman Exec's 1MDB Trial Delayed Amid Dismissal Push
• CFPB Acting Chief Vows 'Aggressive Action' During Pandemic
• Biden's Regulatory Freeze Unsettles Crowdfunding Advocates
• How Compliance Departments Can Prepare For Biden
• Mitigating AML Act Exposure For High-Net-Worth Individuals
• Real Estate Rumors: Vision Properties, Deutsche Bank, Stiles
• What Cos. Must Watch Out For When Obtaining PPP Insurance
• Ex-Investment Adviser Cops To $100M Loan Fraud Scheme
• New Ariz. Law Practice Rules May Jump-Start National Reform
• Tips For Banks As USAA Check Deposit Patent Dispute Grows
• OCC Hits Brakes On 'Fair Access' Rule
• Calif. Unveils Oversight Deals With Earned Wage Access Cos.
• Lieff Wants To Appeal $1M State St. Fee Cut Before Paying It
• PayPal Prepaid Accounts Ruling May Curtail CFPB Authority
• Renovate America's Ch. 11 Loan Gets Nod After Lender Deal
• NY Ruling Offers Mortgage Lenders Foreclosure Alternative
• Amid Digital Legal Changes, LawAdvisor Launches Tech Tools
• Pandemic Bankruptcy Avoidance Efforts Create New Hurdles
• SEC Enforcement Needs New Guiding Principles
• Kirkland Steers Mortgage Biz LoanDepot's $300M IPO Plans
• Goldman Sachs Loses Fight Against €37M EU Cartel Fine
• Tribe Asks 9th Circ. To Revive Retirement Plan RICO Fight
• Judge Admits Errors, Reopens Sierra Pacific Kickbacks Suit
• Banker Group Flags 'Significant Issues' Bedeviling PPP 2.0
• Lender Can't Force Fintech Co. Into Contract Extension
• Waddell & Reed Hit With Investor Suit Over Macquarie Merger
• 7 Brexit Considerations For US Financial Services Cos.
• 10 Tips For Your Next Virtual Court Appearance
• Dual Citizen Didn't Know Of FBAR Obligations, 5th Circ. Told
• Assessing What's To Come In PPP Loan Enforcement
• CFPB Gets $15M Judgment In Student Financial Aid Fraud Suit
• Credit Suisse Unit Ordered To Pay $604M In Toxic RMBS Case
• 4 Cannabis Lending Strategies For Financial Institutions
• Key Takeaways From CFPB's Year-End Enforcement Flurry
• German Court Issues Warrants For Lawyer In Tax Fraud Case
• Goldman Says High Court Cert. Fight Is 'Not A Close Case'
• Chancery Delays Building Sale In Ukrainian Bank's Fraud Case
• Payment Cos. And Exec Seal Deals Over $7M Scam
• Goldman Fingerprint Lapse Led To Felon's Hiring, FINRA Says
• Cook County Wants Wells Fargo 'Consultant' Info In Bias Suit
• Ex-CFTC General Counsel Dan Davis Lands At Katten
• After Trump, Dem Probes May Turn To Companies
• Wells Fargo Seeks To Nix Stock Suit Over Compliance Efforts
• Senate Confirms Yellen As Treasury Secretary
• Judge OKs Hy-Vee's $20M Data Breach Settlement
• Luckin Investors Slam Exit Bids In Suit Over 'Massive' Fraud
• Predictions For Future PPP Fraud Prosecution By DOJ
• Ripple Token Case Highlights Need For SEC Clarity On Crypto
• Don't Let Lies Infiltrate The Mediation Process
• High Court Won't Take Up M&T Bank Merger Case
• Judges On Race: Lack Of Data Deters Criminal Justice Reform
• Biden's Rules Freeze May Not Stop Late Trump Financial Regs
• Renovate Gets $5M Interim Loan Hike As Sale Fight Looms
• Capital One Customers Land Final OK On $13M ATM Fees Deal
• Former SEC Staff Attorney Takes Helm Of Enforcement Unit
• Bank Faked Pay Data To Hide Bias Against Women, Suit Says
• Del. Justices Uphold Chancery's Higher Appraisal Of Tech Co.
• CFPB Order Offers Insight Into Pandemic Mortgage Servicing
• Vedder Price Adds Finance Atty To New Dallas Office
• Simpson Thacher-Led Mortgage Co. Launches $250M IPO
• How Rebooted Paycheck Protection Program Works: Part 2
• Yellen Slated To Win Senate Approval As Treasury Secretary
• Va. Judge Directs Re-Interview Of Witness In Capital One MDL
• UK Litigation Roundup: Here's What You Missed In London
• Coronavirus Litigation: The Week In Review
• FinCEN Says No To Activity Reports Over Negative Press
• CFTC Names Democrat Rostin Behnam Acting Chairman
• Borrowers Want Sanctions In Tribe-Linked Lending Row
• Chinese Fintech Co. Investors Claim Fraud Over IPO
• 'Come In And Talk To Us,' SEC's FinHUB Chief Urges
• How Rebooted Paycheck Protection Program Works: Part 1
• Top 5 ERISA Stock-Drop Case Developments From 2020
• Schwab Forms New Regulatory Group As SEC Turns Over
• Philly CPA Firm Claims Ex-Partner Poached Clients
• NY Firm Accused Of Misleading Debtors In Collection Letters
• Law Firms Should Note GCs' Growing Focus On Biz Strategies
• Biden Names Allison Herren Lee Acting SEC Chair
• 3 Ways To Shield Cyber Reports After Clark Hill Breach Ruling
• Biden Freezes Late Trump Regs For White House Review
• Biden DOJ May Ax Ban On 3rd-Party Donation Settlements
• Virus Delays Long-Running Securities Fraud Trial To Late 2023
• Ukraine Bank Asks Chancery To Delay Ohio Building Sale
• Ex-SDNY White-Collar Enforcer Joins Finn Dixon & Herling
• 7th Circ. Says Law Firms Not Part Of Alleged Fraud Scheme
• Challenging SEC ALJs Shouldn't Be 'Illogical,' 5th Circ. Told
• Crop Insurer Sues Lender Over Breached Settlement Deal
• Real Estate Rumors: Yoya, Northeast Capital, Liberty Bank
• NY Bill Tolling Statutes Of Limitations On Trump Advances
• Accused JPMorgan Spoofer Says CFTC Expert Isn't Conflicted
• Lender Sues Pot Property Co. For Libel Over Online Reviews
• Capital One AML Remediation Stopped More Devastating Blow
• LendUp To Pay $1.25M To Settle CFPB Service Member Claims
• How To Reliably Value Income-Producing Real Estate
• What New AML Law Means For Correspondent Banking
• NY Judge Orders Morgan Lewis To Turn Over Trump Org Docs
• SEC Enforcement Expansion May Face Constitutional Limits
• 6 Changes The Legal Industry Should Prepare For
• Kraninger Resigns As CFPB Director
• CFPB Poised For Get-Tough Approach Under Chopra
• Gensler Expected To Be An Aggressive Enforcer As SEC Chair
• Robinhood Ruse Hurt 'Young Adult' Traders, Investor Claims
• Arizona May Have Nudged US Law Firms Toward Future IPOs
• Yellen Pledges Targeted Tax Relief As US Treasury Secretary
• Morgan Stanley Wins Bid To Arbitrate Sex Harassment Claims
• Deutsche Looks To Exit Suit Over Claims Of Traders' Spoofing
• How SEC Can Address 'Inherent Dilemma' Of Its Mandate
• Gensler Could Steer SEC Toward Stronger Investor Protection
• Addressing The Security Risks Of University Foreign Funding
• German Tax Evasion Trial Delayed Two Months By Pandemic
• FTC's Chopra Gets Biden Nod To Become Next CFPB Director
• OCC Defends Valid-When-Made Rule In State AGs' Suit
• 11th Circ. Revives $248M Veterans Mortgage Fraud Suit
• CFPB Accuses Mortgage Co. Of Lending, Consumer Violations
• FDIC Seeks To Revive $3M Fight With Lloyd's At 11th Circ.
• Calif. Unemployment Recipients Sue Bank Of America
• Western Union Says Chubb Must Cover COVID-19 Losses
• FTC Authority To Obtain Monetary Relief May Be Under Threat
• US Chides Vietnam Over Currency, But Makes No Tariff Threat
• FinCEN Fines Capital One $390M Over AML Violations
• Calif. Pot Regulators Float Bank Disclosure Rules
• How Fund Managers Can Avoid Political Contribution Missteps
• CFPB's Busy 2020 May Foretell Regulatory Uptick Ahead
• DC Circ. Lobbyist Ruling May Lead To 1st Amendment Clarity
• What's On The Horizon For Unclaimed Property In 2021
• 6 Ways Financial Regulators Should Prioritize Climate Risk
• 2nd Circ. Won't Rehear Remand Of CFPB's RD Legal Case
• UK Litigation Roundup: Here's What You Missed In London
• 4 Legal Industry Trends Litigation Financiers Are Watching
• Wells Fargo Ex-GC Fined $3.5M In OCC Settlement
• Ariz. Payment Co. Exec Inks Deal With FTC Over $7M Scam
• Credit Suisse Jockeys For End To Vegas Appraisal Fraud Fight
• Coronavirus Litigation: The Week In Review
• Tipster Atty Who Sued SEC Says New Rule Caters To Wall St.
• Trump Commutes Ex-Cay Clubs CEO's Ponzi Sentence
• 2 Cases Highlight Superpriority Lien Risks For Lenders
• New Curtis Partner Adds Bench Strength To Africa Practice
• How EU Climate Regs May Affect US Private Fund Managers
• Lenders' Role Will Be Key In NYC Green Building Loans
• A Lawyer's Guide To Setting Well-Being Goals In 2021
• 5th Circ. Rules No-Show Attys Not Reason To Ax $79M Payout
• Fla. Atty Cops To Role In $322M Ponzi Scheme
• 4 Rulings That Will Shape Clickwrap Litigation In 2021
• Wells Fargo Employees Say Firm Prevented OT Reporting
• OCC Finalizes 'Fair Access' Rule In Last-Minute Push
• Workers Say Banking Co. Prioritized Own Funds In ERISA Suit
• Atty Who Trolled Santander Bank Off Hook For Billboard Cost
• OCC's Brooks To Step Down As Top National Bank Regulator
• OCC OKs Anchorage As 1st Federally Chartered Crypto Bank
• Florida Court Finds Debtor Appeals Stayed By Ch. 11
• Hy-Vee Reaches Deal To End Consumers' Data Breach Suit
• BitGo Brings On Former Coinbase Compliance Chief As CCO
• Finance Company's Former Employees Sue For $7.9M In Pay
• Treasury Sanctions Groups Tied To Iran's Supreme Leader
• Navient Can't Escape CFPB Borrower Suit, Judge Says
• Congress Must Fix The AML Whistleblower Law
• Real Estate Rumors: JP Morgan, F45 Training, Silverstone
• Builder Says It Was Stiffed $925K On Florida Hotel Project
• Credit Suisse Seeks To Stop 'Do-Over' Signac Arbitration
• Reed Smith Nabs Freshfields Exec Compensation Partner
• Investors Tell Del. Justices Tech Co. Low-Balled Appraisal
• Skadden, Davis Polk Steer Fintech Affirm's $1.2B IPO
• Keyword Searches To Improve Your Privilege Doc Review
• Top Whistleblower Attorney Sues SEC Over New Rules
• Top Dem Says Senate Banking Agenda To Put Workers First
• Fintech Startup Sues VanEck Over Canceled Bitcoin ETF
• Gary Gensler Reportedly Tops Biden's List To Lead SEC
• 6th Circ. Won't Revive Ex-Bank Manager's Age Bias Suit
• SEC's Acting Enforcement Chief To Leave By End Of January
• CFPB Can't Regulate Mortgage Relief Firms, 7th Circ. Told
• NHL's Evander Kane Hits Bankruptcy With Over $26M In Debt
• 3rd Circ. Undoes Wilmington Trust Fraud Convictions
• Feds Fight Bid To Toss $330M 1MDB Forfeiture Suit
• PTAB OKs USAA Check Deposit Patent In Wells Fargo IP Row
• Cybersecurity Event-Driven Securities Litigation Has Arrived
• State AGs' 2020 Actions Offer Hints At 2021 Priorities
• NY Bill Would Pause Statutes Of Limitations Against Trump
• A Law Of The Digital Sea Could Expand Data Rights, Oversight
• The Benefits Of More Alternative Dispute Resolution At GAO
• Wells Fargo To Pay $40M To Resolve Overbilling Suit
• Cantor Can't Slip Rival Broker's Poaching Suit In UK
• DOJ Gets Month To Probe Manafort Pardon's Effect On Assets
• Visa, Plaid Call Off $5.3B Deal Following DOJ Challenge
• Armstrong Teasdale Adds Ex-Assistant US Atty In New York
• ABA Approves Remote Practice, But Questions Remain
• Fed Governor Says Some AI Too Complex, Could Cause Bias
• Ex-Bryan Cave Litigator Joins Riley Safer In NY
• Judge Cancels 'Unilaterally Scheduled' Vedder Price Depo
• How Biden Administration Can Crack Down On Ransomware
• What Is Insider Trading In The Derivatives Markets?
• US Economy Needs Cannabis Banking Bill More Than Ever
• Feds Say Ex-CFTC Adviser Can't Be Accused Spoofer's Expert
• Ten IPOs Could Raise Nearly $5B As 2021 Gets Rolling
• NCR Makes $1.74B Competing Offer For ATM Biz Cardtronics
• Justices Won't Consider If Fed Banks Can Challenge Patents
• 2 Calif. Rulings Offer Lessons As Foreclosure Crisis Looms
• Jail Contractor Denied Quick Win In Debit Card Suit
• Fallen Taxi Mogul Avoids Prison After Copping To Bribery
• Ex-BNY Worker Says Views On LGBT Advocacy Got Her Fired
• What To Expect From Securities Litigation In 2021
• Keys To Creating Standout Law Firm Thought Leadership
• Winstead Securities Co-Chair Jumps To Bressler
• PPP Enforcement Issues To Watch In 2021
• High Court Won't Take Up SEC In-House Judges Debate
• Judges On Race: The Power Of Discretion In Criminal Justice
• Top 5 Criminal Justice Reforms Advocates Want Under Biden
• Hotelier Says Deutsche Tried Using Virus To 'Wrest Control'
• Latest SEC Bounty Shows Outside Tipsters Still Welcome
• Justices Urged To Clarify Bar For ERISA Stock-Drop Suits
• 2nd Circ. Urged To Refuse Rescue Of Post-Scandal Libor Suit
• Wells Fargo's $20M DACA Discrimination Deals Win Final OK
• Ex-Capital One Workers Can't Get Quick Class-Waiver Appeal
• Wells Fargo Accused Of Bias Against Non-Citizen Customers
• NHL Player Owes $8M On Loan, Bank Says
• Munck Wilson Adds Litigation Partner In Dallas
• FDCPA Suits Say Law Firm Missed Notices, Misused Auto-Pay
• Taxation With Representation: Wachtell, Cravath, Skadden
• FINRA Taps Ex-Obama Counsel, Latham Partner For Board
• State Street Fraudster Wins Early Prison Exit Amid Virus Spike
• 5 Attorney Business Development Tips For The New Year
• UK Litigation Roundup: Here's What You Missed In London
• Deutsche Bank To Pay Over $130M For FCPA, Fraud Violations
• Credit Suisse Hit With New Suit Over Mozambique Scandal
• Credit Suisse Sets Aside Additional $850M For US Disputes
• Navient Says 9th Circ.'s Seila Ruling No Help To CFPB Suit
• 'Vagueness' Axes Laundering Claims, Bitcoin Biz Owner Says
• Acquitted Trader Can Use Some DOJ Evidence For Civil Case
• Coronavirus Litigation: The Week In Review
• SEC Investment Unit's Chief Counsel To Depart
• TCV Leads €110M Funding For Cloud Banking Biz Mambu
• Russian Hacker Who Hit JPMorgan Gets 12 Years In Prison
• How Defense Bill Will Overhaul AML Policy In US
• Top Court MasterCard Ruling Lowers Bar For UK Class Suits
• Freedom Mortgage Trims Claims In Property Tax Class Row
• Minimizing Disruption To Clients During Law Firm IT Upgrades
• Fintech SoFi Inks $8.65B SPAC Deal Driven By 3 Firms
• JPMorgan Chase, First Republic Duck PPP Agent Fees Suit
• White & Case Adds Fintech Lawyer Doug Landy As Partner
• SEC Lands $4.9M Default Win Against Alleged Ponzi Operator
• JPMorgan Looks To Sink Ponzi Suit Revived By 8th Circ.
• Crypto Firms Blast FinCEN's Push To Regulate Industry
• OCC Head Says Fintech Chartering Is His Agency's Purview
• Mt. Gox Investors Urge Ill. Judge To Certify $400M Fraud Class
• K&L Gates Adds Securities Litigator From Thompson Coburn
• 7th Circ. Lets Bank Seek Indemnity In Contract Fight
• DOJ Hits 'Smart Home' Maker With $3.2M Fine Following Tip
• Morgan Stanley Adviser Fights Arbitration In Harassment Suit
• Bribery Trial Highlights SEC's Focus On Gift Violations
• Pot Legalization Still Faces Hurdles After Senate Flip
• Cert. Bid Questioned In Freedom Mortgage Property Tax Suit
• NY Nine West Bankruptcy Decision Won't Chill Buyout Activity
• How Dems Could Alter SEC's Enforcement Approach
• 3 White Collar Enforcement Laws Garland Could Wield As AG
• FNB Investors Want Atty Fees For Getting Back CEO Bonus
• Tips For Drafting Effective Amicus Briefs
• Calif. High Court Asked To Clarify Call-Recording Rules
• Trump, Iran Trade Barbs As US Prepares For New Admin.
• CFPB Task Force Calls For Fintech Licensing In New Report
• OCC Says Banks Can Use Blockchain Networks, Stablecoins
• Groups Push FINRA To Bolster Broker Misconduct Rules
• Attys Seek $6.8M Cut In Fidelity's TelexFree MDL Settlement
• Investors Sue Russian Payments Co. Over Central Bank Fine
• Mayer Brown Adds 3 Partners In New York, Houston
• 5 Trends That Will Influence E-Discovery In 2021
• Ill. Judge Certifies Class Action Over Confusing Debt Notices
• State AGs Sue To Block OCC's 'True Lender' Rule
• Trump Pushes 1st Circ. Nominee But Drops Bipartisan Picks
• OFAC Fines French Bank $8.6M For Alleged Sanctions Lapses
• PayPal Gets Win Against CFPB Prepaid Rule Provisions
• Refinery Creditor Loses Appeal Of $1.3B Insurance Ruling
• SVB Buys Boston Private In $900M Deal Led By S&C, Wachtell
• 9th Circ. Upholds CFPB's Doc Demand Against Seila Law
• MoneyGram Dodges Suit Over Money Laundering Compliance
• Blockchain Holds Potential For Commercial Real Estate
• Prep For Increased Pay Equity Enforcement In Gov't Contracts
• Pot Bill May Set Up First Tax Showdown Of New Congress
• Deutsche Bank Unit Fined $2.5M Over Record-Keeping Issues
• LPL Settles FINRA Records, Fingerprint Claims For $6.5M
• How Relationship Partners Can Draft Winning RFP Responses
• Fintech Litigation To Watch In 2021
• Law Firm Merger Predictions For 2021
• Top 5 Considerations For Cannabis Franchising In 2021
• 2020 ERISA Litigation Trends Hint At What's Ahead This Year
• Consumer Protection Cases To Watch In 2021
• The Next Wave Of COVID-19 Securities Litigation Is Building
• Fintech Trends And Regulations To Watch In 2021
• Climate Regs Expected To Lead CFTC Policy Agenda In 2021
• 4 Banking Regulation Issues To Watch In 2021
• 5 Litigation Areas For Banks To Watch In 2021
• Cannabis Policy Items To Watch In 2021
• 3 Questions Looming For The 2021 IPO Market
• Cybersecurity & Privacy Cases To Watch In 2021
• 3 Areas Of Real Estate To Watch In 2021