Banking Archive » November, 2024

Banking - November, 2024

280 articles

• Prudential Website Visitors Get Class Cert. In Tracking Row
• Elon Musk Targets CFPB With Call To 'Delete' Agency
• Citi Gets TRO On Banker Accused Of Poaching Atty Clients
• Law Profs Tell Del. Justices Moelis Appeal Would Blunt DGCL
• Fintech Co. Ingo, Consumers Reach Deal To End Breach Suit
• GOP-Led States Accuse BlackRock Of Driving Up Coal Prices
• Big Bank Supervision Costs Spur Assessment Rate Hike
• CFPB Fights Student Loan Servicer's Bid To Pause Deal
• CFPB Bags $42M Penalty Against Ga. Auto Loan Servicer
• 5th Circ. Reverses Treasury's Block Of Crypto Mixer
• Ga. CPA Must Pay SEC $850K For Ponzi Scheme Role
• Conn. High Court Snapshot: Bank Regulation, Workers' Comp
• WSFS Sues Sign-Maker After Letter Falls From Philly Rooftop
• How CFIUS' Updated Framework Affects Global Investors
• Service Providers Must Mitigate 'Secondary Target' Risks
• SEC Exempts More Debt Securities From New Trading Rules
• 5 Ways SEC's Crypto Approach Could Change Under Trump
• Ballard Spahr Hires Fintech Assistant GC In Atlanta
• King & Spalding Partner Selected As Trump's Trade Rep
• Developer Accuses Fla. Attys Of 'Fraudulent Billing' Scheme
• Bulgarian Co. Says Fight Over $7M Can't Go To Arbitration
• Mexican Lender Seeks US Recognition Of UK Reorg
• Customers Sue Fintech Partner Banks After Processor Failure
• Wells Fargo Dodges 2nd Circ. Rehearing In $500M Plunge Suit
• 5th Circ. Says CFPB Payday Rule Can Take Effect Next Year
• BofA Blames ID Fraudsters For Fake Accounts Behind Suit
• 2nd Circ. AmTrust Decision Shows Audit Reports Still Matter
• Flying Makes Me A Better Lawyer
• California's Top Bank, Fintech Regulator To Exit At Year's End
• With Precautions, AI Can Help With Suspicious Activity Filings
• Mexico Floats Retaliation Against New Trump Tariffs
• Ropes & Gray Atty Is Kirkland's Latest Debt Finance Hire
• Retirees Fight For Class Cert. In US Bancorp Benefits Suit
• Trump Vows Tariffs For Canada, Mexico, China On Day One
• Geico, Travelers To Pay NY $11.3M To Settle Data Security Row
• 'Shameful': Dems Rip Credit Bureaus Over Scrapped Hearing
• Fla. Man Wants New Trial Over $1M Cash-To-Bitcoin Scheme
• Credit Bureaus Freed From VantageScore Antitrust Suit
• Colo. Law Could Imperil Dual Banking System, 10th Circ. Told
• TMX Moves For Emergency Block On $52M Pa. Fine Hearing
• Calif. Board Seeks Comment On AI Rules Amid Pushback
• 7th Circ. Says Schwab Race Bias Suit Filed Too Late
• 4th Circ. Stands By HELOC 'Offset' Ruling Against PNC
• TD Ameritrade Urges High Court To Reject Patent Case
• 'Reverse Redlining' Suit Reveals Language Risks For Lenders
• J.S. Held Acquires Forensic Accounting Firm Luttrell Wegis
• Feds Violated Atty-Client Rules, Tax Evasion Defendant Says
• SDNY's Williams To Resign Before Trump Takes Office
• What Trump's Next Term May Mean For Biz Immigration
• Pam Bondi's 'Greatest Hits' As Florida Attorney General
• PayPal Wants Renewed Suit Over Merchant Rules Tossed
• 'The Future Of Wells Fargo' Sues For Sex Discrimination
• DACA Recipient Accuses KeyBank Unit Of Immigration Bias
• Service Fees Not 'Incidental' To Debt Collection, 11th Circ. Told
• Trump Taps Hedge Fund Billionaire Bessent To Head Treasury
• Capital One 'Abuses' Cast Pall Over Discover Deal, Dems Say
• Dems Introduce Foreign Work Disclosure Bill For WH Picks
• Crypto Lobby Asks Trump, Congress To Prioritize Rulemaking
• Compliance Considerations Of DOJ Data Security Rule
• Debt Collector Awakened Illegal 'Zombie Loans,' Suit Says
• Bondi Vowed Trump Payback. Ex-Colleagues Aren't Worried.
• Fed Bans Ex-CEO Of Bank Felled By Crypto Scam
• Lender Can't Arbitrate Fired Worker's Suit Over Cancer Leave
• AI Monitoring And FCRA: Employer Compliance Essentials
• Circus Arts Make Me A Better Lawyer
• Citibank Says Bankers Took Info On Its Atty Clients To Rival
• FDIC's 'Hot Money' Revamp Gets Bank, Fintech Cold Shoulder
• US Strikes At Last Of Russia's Major Non-Sanctioned Banks
• Forex Trader Gets 23 Years For $93M Investor Fraud
• Fed's Bowman Sees The Bright Side In Chevron's Demise
• Fla. Insurance Broker Pleads Guilty To Defrauding Ga. Bank
• Weed Co. Must Pay $5M To Entrepeneur In Investor Dispute
• Trump Selects Ex-Fla. AG Pam Bondi As New AG Pick
• Dentons Atty Owed No Duty In $54M Currency Deal, Jury Says
• When Investigating An Adversary, Be Wary Of Forged Records
• 3 Ways To Train Junior Lawyers In 30 Minutes Or Less
• Trump Eyes Crypto, SpaceX To Sell Shares, And More Rumors
• SEC Chair Gensler To Step Down When Trump Takes Office
• Gaetz Ends AG Bid, Citing 'Distraction' To Trump Transition
• How To Safely Leverage AI In The Digital Assets Industry
• CFPB Wraps Rule To Pull Big Payment Apps Into Supervision
• SEC Cooperators More Likely To See Pay Reprieve In 2024
• Not So Fast: Lenders Say CFPB Payday Rule Must Stay On Ice
• Musk, Ramaswamy Say High Court Rulings OK Federal Cuts
• FDIC Says BofA Deliberately Underpaid For Deposit Insurance
• US Called Upon To Lead Cross-Border Payment Overhaul
• Ohio Mortgage Co. Gets Rival To Change Name In TM Fight
• Ex-Wells Fargo Adviser Admits To Stealing $3M From Clients
• Fla. Couple Ask To Revive Suit Over Unclaimed Property
• Wells Fargo Must Turn Over E-Docs In TelexFree Litigation
• Hinshaw Brings On Ex-JPMorgan Counsel From Ballard Spahr
• $3B TD Bank AML Settlement Is A Wake-Up Call For All Banks
• What Trump Presidency May Mean For Climate Reporting
• Biden Bank Regulators Punt Big-Ticket Rulemakings To Trump
• Archegos Founder Gets 18 Years For Massive Market Fraud
• Bankman-Fried Tech Deputy Who Parsed Code Avoids Prison
• Keep Colo. Interest Rate Opt-Out Law Blocked, 10th Circ. Told
• 11th Circ. Weighs Whether Tornado Cash Sanctions Overreach
• Online Lenders, Contractor Face Service Members' Fraud Suit
• CFPB's Medical Debt Guidance Faces Industry Injunction Bid
• Ex-Fed Examiner Cops To Insider Trading, Settles With SEC
• Dentons Atty Owed No Duty In $54M Currency Swap, Jury Told
• Ex-Fed Staffer Says Vax Bias, DEI Initiatives Got Him Sacked
• DC Sues Wage Advance Co. For 'Predatory Lending'
• FCC To Vote On More Credit Options To Back Broadband Aid
• Senators Blast Visa And Mastercard, Promise Action On Fees
• Ballard Spahr Brings On Former Federal Prosecutor In LA
• NY Judge Rejects Ozy Media CEO's DQ Bid Over Investments
• Unpacking The CFPB's Personal Financial Data Final Rule
• Feds May Have Overstepped In Suit Against Mortgage Lender
• Trump Names Wall St. Exec For Chief Commerce Role
• FDIC's Gruenberg To Exit On Eve Of Trump's Inauguration
• The Bar Needs More Clarity On The Discovery Objection Rule
• State Department Sanctions Official Rejoins Crowell & Moring
• Justices Urged To Pass On 3rd Circ. CFPB Loan Trust Case
• Justices Urged To Deny TCPA Class Certification Challenge
• Dems Probe Treasury On Effects Of Crypto Mixer Sanctions
• Treasury Finalizes Tougher Foreign Investment Law Penalties
• Mo. Bank Properly Valued At $1.1M, Commission Rules
• Trump Faces Uphill Battle If He Tries To Target Prosecutors
• Ozy Media CEO Turns To 2nd Circ. Over Judge's Investments
• Simpson Thacher Adds Cleary Gottlieb Banking, Credit Pro
• Foreclosing Lenders Still Floating In Murky Legal Waters In NY
• Big Banks Still Need To Beef Up Controls, Fed Report Says
• Jordan Says DOJ, FTC, CFTC Teed Up Actions Ahead Of Trump
• Murdaugh's Ex-Banker Wins New Trial Over Juror Removal
• Trump's SDNY Pick A Familiar Face In Wall Street's Legal Wing
• Texas Appeals Court: $3M Bond For Real Estate Row Stays
• Venezuelan Lawyer Relied On Ex-Dentons Atty In $54M Swap
• GOP Sens. Decry 'Lack Of Urgency' On FDIC Misconduct
• Texas Judge Won't Halt CFPB Small-Biz Rule As Banks Appeal
• Swedish Debt Collector Intrum Files Prepack Ch. 11 In Texas
• Hedge Fund Group Urges Trump To Reject 'Punitive' Policies
• Abbott Inks $8M Deal With Healthcare Fraudster In TM Suit
• The Do's And Don'ts Of Commercial Debt Under Calif. FDCPA
• Being A Navy Reservist Makes Me A Better Lawyer
• Cos. Should Inventory Issues To Prep For New Congress
• ​​​​​​​Visa Says European Commission Investigating 'Acquirer' Fees
• Judge Advises Axing Bank's Home Stake In $1.7M Tax Dispute
• UK Litigation Roundup: Here's What You Missed In London
• Ex-DC Homeland Security Official Cops To $844K PPP Scam
• Student Loan Servicer Wants CFPB Deal Paused Amid Appeal
• Defense Attys Urge Justices To Narrow False Statement Law
• Ex-JP Morgan Rep To Stop Soliciting Clients Amid Arbitration
• Supposed AI Fund's Manager Accused Of Wire, Securities Fraud
• CFPB Orders Prison Telecom, Payment Provider To Pay $3M
• Crypto And Private Fund Groups Push SEC On Dealer Rule
• Capital One Must Face Savers' Suit Over 'High-Interest' Claims
• Trump Taps His Criminal Defense Lawyer For Deputy AG
• OCC Recovery Guidance Can Help Banks Bounce Back Better
• Gaetz's Slim Legal Resume Raises Concerns Over AG Role
• BCLP Brings On SEC Enforcement Atty In Atlanta
• Navigating DOJ's Patchwork Whistleblower Regime
• DLA Piper Int'l Arbitration Co-Chair Swaps Paris For NY
• Duo Charged With Hacking Tax Firms In Refund Fraud Scheme
• So You Want To Move Your Law Practice To Canada, Eh?
• A Look At Similarities Between SOX And SEC's Cyber Rule
• Trump's Card Rate Cap Idea Could See Red State Pushback
• Republic Bank's 'Dysfunction' Enabled Its Failure, FDIC Says
• Swedish Fintech Klarna Confidentially Files US IPO Plans
• PrivatBank Says Ukraine Ruling Doesn't Bar Looting Suit
• Connecticut Banking Dept. Can Fine Legal Funder, Judge Says
• Bradley Arant Aims To Toss Malpractice Arbitration Claims
• Class Actions At The Circuit Courts: November Lessons
• Trump Taps DOJ Critic Matt Gaetz For Attorney General
• 5 Areas Congress May Investigate After GOP Election Wins
• JPMorgan, Health System In Talks To Settle Email Scheme Suit
• Ex-FDIC Head Urges Banks To 'Push Back' Against Examiners
• Trump Taps Elon Musk To Head New 'Gov't Efficiency' Dept.
• Merrill Lynch Disfavors Black And Female Advisers, Suit Says
• 5th Circ. Won't Reopen CFPB Payday Rule Fight
• Businessman Blames Dentons For Failed $54M Currency Swap
• Ex-Capital One Workers Lodge $43M 401(k) Forfeiture Suit
• Visa To Fight Market Definition In DOJ Antitrust Case
• Fed Bans Ex-Bank Leaders Over Alleged COVID Relief Fraud
• Comerica Sues CFPB To Stop 'Ultra Vires' Benefits Card Probe
• Huawei Urges Judge To Toss US IP Theft, Fraud Charges
• Peru Agrees To Pay Hedge Fund $40M To Settle Bond Dispute
• Stop Bank Impersonation Scams 'Without Delay,' FCC Told
• Nationstar Gets COVID-19 Loan Aid Suit Tossed For Good
• Fla. Man Guilty In $1M Cash-To-Bitcoin Laundering Scheme
• Trump's 2nd Term May Be A Boost To Banking Industry
• Former FTX Top Atty Joins Lowenstein Sandler In NY
• Unpacking CFPB's Unwieldy Buy Now, Pay Later Guidance
• 2nd Circ. Halkbank Ruling Shifts Foreign Immunity Landscape
• Payments Co. Never Returned $1.5M, Tribal Authority Claims
• Pawn Shop Must Face CFPB's Military Law Claims, Judge Says
• SEC Sues Ex-Fed Examiner For Insider Trading On Bank Stocks
• What Trump's 2nd Presidency Could Mean For Crypto Sector
• NJ Appeals Panel Rejects Convicted Ex-Atty's Bid For Relief
• FTX Investment Firm Seeks Return Of $11M In Crypto Assets
• Putting NYDFS AI Cybersecurity Guidance Into Practice
• UK Litigation Roundup: Here's What You Missed In London
• Promoting Diversity In The Selection Of ADR Neutrals
• Katten Adds Private Credit Partner From Weil In NY
• Ex-Celsius CEO OK'd To Seek Testimony From Abroad
• Flagstar Customer Asks 6th Circ. To Revive Overdraft Fee Suit
• Ill. Judge Anticipates 'Massive' Outcome Investor Restitution
• HSBC, Exec Agree To End Racial Bias Promotion Row
• JPMorgan Sues Adviser Who Jumped To Morgan Stanley
• Ex-TD Branch Manager Gets 13 Months For Account Theft
• Ore. Judge Denies CBD Co's Bid To Freeze Bank Assets
• Fifth Third Takes Cash Advance Suit Verdict To 6th Circ.
• FINRA Orders Ga. Broker To Pay $2M Over Trading Strategy
• Fed Chair Powell Says He Won't Step Down If Trump Asks
• Navy Federal Inks $95M Settlement Of CFPB Overdraft Claims
• FINRA Grants Client Poach Injunction To TD Bank
• In Visa Case, DOJ Continues To Misapply The Sherman Act
• Playing Ultimate Makes Us Better Lawyers
• LeBron Eyes Media Merger, AI Startup IPO, And More Rumors
• BCLP Adds Former AUSA, FINRA Lawyer In San Francisco
• Call For Input Shows How Banks, Fintechs Can Address Risks
• Trump's SEC Expected To See 'Dramatic' Enforcement Change
• Chicago Pol Urges Narrow Reading Of False Statement Law
• LGBcoin Trustee Can't Get SEC Subpoena Stayed Amid Appeal
• Treasury Expands Sanctions On Bosnian Patronage Network
• Trump's Win Likely To Spur Deals For Capital Markets Attys
• SEC's Gensler Faces Group's Call To Resign After Trump Win
• Venue For Fla. County Suit Against Funder Getting New Look
• Fed. Circ. Panel Irked By Confusion In Check Patent Case
• Stifel Balks At CFTC Offer To Settle Text Messaging Case
• Justices Eye Narrowing Disclosure Rules In Meta Investor Suit
• Judge Axes NY Claims In Chase Bank Counterfeit Check Row
• E-Discovery Quarterly: Recent Rulings On Metadata
• Fake BigLaw Atty Duped Exec Into Wiring $55M, Co. Says
• How New OCC Priorities Will Affect Bank Compliance
• Credit Suisse, Crédit Agricole Lose EU Cartel Fine Challenge
• 2nd Circ. Hostile Workplace Ruling Widens Arbitration Pitfalls
• What Trump's Return Means For Bank Regulation: 5 Questions
• Trump's Win Expected To Pare Back Gensler's SEC Agenda
• Trump Has Official Immunity. What About His Aides?
• How Trump Can Quash His Criminal Cases
• An Early Look At Trump's Supreme Court Shortlist
• GOP's Senate Win Hands Future Of The Judiciary To Trump
• The Firms With An Inside Track To A New Trump Admin
• FTC Says Dave Mobile Banking App Deceives Customers
• Immigrant Bond Cos. Slam 'Knee-Jerk' CFPB In $811M Fight
• FTX Says Convicted Former Exec Must Cough Up $99M
• SEC Risk Alert Flags Investment Fund Oversight, Disclosures
• CFPB Gets Good Grade On Info Security, But Gaps Remain
• Ex-Money Transfer Co.'s Del. Suit Says Fintech Fraud Sank Biz
• Nixon Peabody Taps Leader For New Fintech Group
• Why Secured Lenders Must Mind The Gap In UCC Searches
• What FTC's 'Bitcoin ATM' Report Tells Us About Crypto Scams
• The Fed. Circ. In October: Aetna And License-Term Review
• On The Ground: How Attorneys Safeguarded The Election
• SEC Must Prep For Legal Challenges To Regs, Watchdog Says
• Robinhood Users Denied Class Cert. In Order Flow Suit
• BofA Unit Escapes Trading Firm's Spoofing Suit For Now
• Binance Says Lawsuit Can't Connect It To Terrorism Finance
• Ex-Dentons Atty Botched $54M Currency Deal, Jury Told
• FINRA Fines Morgan Stanley $1M For Controls Violations
• Debt Collectors Sue Over CFPB's Guidance On Medical Debt
• Crypto Industry Hopes Election Will Bring SEC Shake-Up
• Coinme Crypto ATMs Suspended By Conn. Banking Chief
• Citizens Bank Reaches Deal With Loan Officers To Avoid Trial
• Justices Won't Hear UBS Suit Over Disclosed Account Info
• A Look At Grewal's Record-Breaking Legacy After SEC Exit
• Haynes Boone Hires 3 More RE Attys From Holland & Knight
• Feds Slam Ozy Media CEO's 'Last-Ditch' Effort To DQ Judge
• Striking A Balance Between AI Use And Attorney Well-Being
• Justices Skip TM Challenge To BofA's Virtual Assistant 'Erica'
• Justices Nix Ex-Adviser's Manifest Disregard Challenge
• USCIS Moves To Toss Regional Centers' EB-5 Guidance Fight
• NJ Man Cops To Russian Scheme To Smuggle US Tech
• Suit Calls School Lunch Pay Processors Junk Fee 'Bullies'
• 5th Circ. Punts On Bid To Stay CFPB Small Biz Rule
• CFPB Inks Deal With Townstone Over Redlining Claims
• Law Profs Urge Del. Reversal Of Chancery's Moelis Ruling
• CFPB Fines VyStar $1.5M For 'Botched' Web Platform Rollout
• Cross River Bank Drops Contract Suit Against Fintech Biz
• Takeaways From The IRS' Crypto Doc Summons Win
• Capital One Says CFPB Eyeing Case Over Savings Accounts
• Danish Tax Agency To Settle With Atty In $2.1B Tax Fraud Suit
• UK Litigation Roundup: Here's What You Missed In London
• Empathy In Mediation Offers A Soft Landing For Disputes
• A Look At The Increased Scrutiny Of Cash Sweep Programs
• MVP: Paul Weiss' Staci Yablon
• Being An Artist Makes Me A Better Lawyer
• Pillar Aught, Kilpatrick Guide $127M Pa. Bank Merger