Banking Archive » February, 2025

Banking - February, 2025

301 articles

• Trump Still Isn't Obeying Order To Free FEMA Funds, AGs Say
• CFPB Endgame Is Just 'Five Men And A Phone,' Filings Allege
• CFPB Won't Drop MoneyLion Suit Despite Agency Shake-Up
• SEC, Ex-Silvergate CFO Trade Shots Over Enforcement Case
• Trump Admin Cuts Raise Trade Secret Security Concerns
• Up Next At High Court: Gun Violence Liability & Nuclear Waste
• BofA Customer Gets Class Cert. In Revived ATM Fee Dispute
• FDIC Can't Nix SVB Trust's Claims Feds Must Turn Over $1.93B
• Mich. Justices Reject Credit Suisse's NOL Carryforward Bid
• Ex-UBS Financial Adviser Must Pay $2M Back, 11th Circ. Told
• FinCEN Delays Corporate Transparency Act Deadlines
• Justices Asked To Review IRS Crypto Doc Seizure Case
• CFPB Drops TransUnion Suit In Enforcement Retreat
• Mayer Brown Adds Ex-EDNY Prosecutor To White Collar Team
• Carbon Project Investor C-Quest Hits Ch. 7
• How Crypto Firms Should Approach Patchwork Of State Laws
• The Current And Future State Of Bank-Fintech Partnerships
• State Street To Buy Mizuho's $580B Custody Business
• PennyMac Can't Avoid Investors' Suit Over Post-Libor Rate
• Black Homebuyers' Predatory Loan Settlement Gets Final OK
• Payment Processor Sues Trulieve Over Cashless ATMs
• Trump's CFPB Pick Vows To 'Follow The Law' As Cases Pulled
• Judge Axes NYC Loan Row, Sanctions Firm For Depositions
• Unions Can Depose DOGE In Agency Access Suit, Judge Says
• Alsup Halts 'Illegal' Firings Of Probationary Federal Workers
• NC Woman Admits To Role In $5M Student Loan Fraud
• Davis Polk, Kirkland Steer Rithm Capital SPAC's $200M IPO
• Winklevoss Twins Say SEC Crypto Probe Over, Attys Must Go
• More CFPB Attys Departing Amid Agency Uncertainty
• NFT Bill Needs Refining To Effectively Regulate Digital Assets
• CFPB Pulls Plug On Rocket Homes Kickback Suit
• Carolinas Law Firm Hit With Suit Over 2024 Data Breach
• CFPB Drops Suits Against Capital One, Rocket Homes, More
• Racing Corvettes Makes Me A Better Lawyer
• Bank Directors Back Ex-Rabobank Exec's High Court Bid
• Trump's CFPB Pick Says Agency's 'Past Excesses' Must End
• Trump Orders Fed Agencies To Plan For Large Layoffs
• Trump CFTC Shifts Enforcement Stance From Stick To Carrot
• Debt Collectors Accused Of Preying On Fla. Military Members
• Capital One Can't Delete Suit Over 'Refer A Friend' Texts
• Police Supply Store, Others Ask 5th Circ. To Keep CTA Paused
• GOP-Led House Panel Pushes Easier Rules On Capital Raising
• Banks' Fight Over CFPB Open Banking Rule Put On Pause
• Top Dem Urges Trump To Leave Independent Agencies Alone
• Defunct Fla. Law Firm Can't Revive Suit Over Theft Case
• JPMorgan Paying For Lawyers On Both Sides Of Javice Trial
• Attorneys Must Act Now To Protect Judicial Independence
• Short-Term Predictions For The CFPB's Fate Under Trump
• DC Judge Blocks Trump's Federal Funding Freeze
• Binance Can't Evade Terror Victims' Suit, But It's Trimmed
• GreenSky Loan Class Action Certified In Calif. Court
• Trump Admin Says 'There Will Continue To Be A CFPB'
• FDIC Will No Longer Defend In-House Judges In Bank Suit
• Block Considers NY Settlement Over Money-Laundering Curbs
• Ga. County Collected Too Late On Theft Claim, Panel Says
• Rethinking 'No Comment' For Clients Facing Public Crises
• Customers Say Doxim Breach Exposed Bank Data To Hackers
• Referral Co. Barred From $5.54B Swipe Fee MDL Settlement
• A Closer Look At FDX's New Role As Banking Standard-Setter
• FDIC Scraps 10th Circ. Brief Backing Colo.'s Opt-Out Law
• Patent Eligibility Appeals 'Will Not Go Away,' Justices Told
• US Was Behind Privatbank Nationalization, Suit Alleges
• DC Judge Wary Of Constitutionality Of Musk's DOGE
• Comerica Bank Wants Dismissal Of CFPB's Benefits Card Suit
• Investor Settles In $2.1B Danish Tax Fraud Case
• Texas Bank Fights To Keep $28M In Assets In Ginnie Mae Suit
• Crypto Exchange OKX To Pay $504M For Allowing Illicit Deeds
• What To Expect In Crypto Banking After SEC Nixed Guidance
• High Court Won't Hear Bankruptcy 'Safe Harbor' Dispute
• Fund Names Rule FAQs Leave Some Interpretative Uncertainty
• How Design Thinking Can Help Lawyers Find Purpose In Work
• NY Judge Extends Block On DOGE's Treasury Access
• CFPB's Data Security In Spotlight After Agency Goes Dark
• Trump-Targeted CFPB Drops Suit Against Online Lender
• Wall Street Groups Back Rescinding Biden Crypto Guidance
• CFPB Shutdown Means 'Irreparable Harm,' 23 State AGs Say
• Energy Transfer Brings $300M Greenpeace Case To Jury
• GOP Leader Zeros In On Fintech And Enviro Rules For Repeal
• Crypto Mining Machine Co. Bgin Blockchain Files $50M IPO
• Judge Trims $40M Green Energy Co. Investor Suit
• Payday Lender Says CFPB Uncertainty Should Pause Suit
• FINRA Fines Merrill Lynch Over Early Sales Of IPO Shares
• Judge Questions Trump Administration Fund Freeze Authority
• CFPB's $8 Late Fee Rule On Ropes As Banks Move In For Kill
• Va. Judge Won't Bar DOGE Access To Treasury, OPM Data
• First Horizon Says Ex-CEO Is Dropping Claims To Avoid Loss
• Swizz Beatz Says Suit Over 1MDB Funds Is Time-Barred
• What Travis Hill's Vision For FDIC Could Portend For Banks
• Will Independent Federal Agencies Remain Independent?
• 5 Major Crypto Developments From The Trump Admin So Far
• Compliance Pointers For DOJ's Sweeping Data Security Rule
• Coinbase Says SEC Will Drop Suit Amid Crypto Policy Shift
• DOJ Says Job Protections For ALJs Are Unconstitutional
• New SEC Enforcement Unit Shows Drift From Crypto Focus
• FDIC Watchdog Will Review Agency Layoffs' Impact
• Ex-CFPB Chief Chopra Raps 'Totally Weird' Trump Shutdown
• Fed's Barr Defends Long-Term Debt Mandate For Big Banks
• Trump Admin Says CFPB Defunding Suit Guesses At Harms
• Unions' Downsizing Suit Belongs Before FLRA, Judge Says
• Feds Say DC Judge Can't Bar 'Hypothetical' Spending Freezes
• Wells Fargo, AAA Look To Nix Fraudulent Inducement Suit
• Unions Demand Insight Into DOGE's Agency Audits
• Trump Executive Order Could Hinder Crypto Rules, SEC Suits
• JPMorgan Has 'Buyer's Remorse' Over $175M Buy, Javice Says
• Schwab Antitrust Settlement With Investors Gets Initial OK
• Navigating Mortgage Insurance Provisions After LA Fires
• Class Actions At The Circuit Courts: February Lessons
• Home Equity Lender Preys On Consumers, Mass. AG Alleges
• Comparing 2 Pending Bills To Regulate Stablecoins
• Citibank Wire Transfer Ruling Creates New Liability For Banks
• Musk's X Seeks Cash At $44B Valuation, Plus More Rumors
• Competitive Weightlifting Makes Me A Better Lawyer
• What To Know About Trump's Likely Pick For USPTO Director
• Ex-Perella Weinberg Partner Denies Plot To Split Firm
• 2nd Circ. Affirms 'Reverse Redlining' Verdict Against Lender
• Citi Moves To Appeal NY Judge's Wire Fraud Protection Ruling
• 'Death Knell' For SEC Dealer Rule As Regulator Drops Appeal
• Robinhood Says It Faces New Scrutiny From States, FDIC
• Year Of The Snake Will Shake Up RE And Mortgage Finance
• Democrats Say DOGE Took 'Trove' Of Musk Rivals' CFPB Data
• The Syria Sanctions Dilemma Facing Trump Administration
• Inside The Uncertainty Surrounding CFPB's Overdraft Rule
• FinCEN Sets March Deadline For Corporate Transparency Act
• The Case For Compliance During The Trump Administration
• Simpson Thacher Adds Litigator, Private Funds Pro In Boston
• Despite Noble Intentions, Va. Usury Bill Is Bad For Consumers
• CFPB Should Beat Suit Over Small Biz Loan Rule, Judge Says
• Pandemic No Excuse To Alter $150M Notes, Alter Domus Says
• Trump Exec Order Expands Control Over Independent Agencies
• Wells Fargo Fights Class Cert. Bid In 'Sham' Hiring Case
• Discover Can't Get Judge To Rethink Decision In Risk Case
• OCC's Hood Eyes Mergers, Fintech In Agenda Preview
• Howard Lutnick Wins Senate Nod To Lead Commerce Dept.
• Dems Push Corporate Transparency Act Legitimacy To Courts
• DOJ's Visa Suit Shows Pitfalls Of Regulating Innovative Tech
• Compliance Boss Took $9M In Clients, Investment Firm Says
• Ex-Goldman Atty Squires Expected To Be Named USPTO Head
• CFPB Small Biz Study Brings Fair Lending Considerations
• Expect To Feel Aftershocks Of Chopra's CFPB Shake-Up
• Corp. Transparency Act's Future Under Treasury's Bessent
• Labor Groups Denied Block On DOGE's Agency Access
• Maine Judge Denies Challenge To Corporate Transparency Act
• Judge Partly Certifies Ex-Detainee Class In Debit Card Fee Suit
• Trump Aims To End Limits On President's Power To Fire
• Alston & Bird Leads PE-Backed Michigan Bank's $151M IPO
• Convicted Email Scammer Must Return $1.5M To Victims
• Corporate Transparency Act Vital For Nat'l Security, Circs. Told
• Judge Needs Time To Mull Block On DOGE's Agency Audits
• A Look At A Possible Corporate Transparency Act Exemption
• Inconsistent Injury-In-Fact Rules Hinder Federal Practice
• Ex-JPMorgan Atty Pleads Guilty To NYC Housing Fraud
• UK Litigation Roundup: Here's What You Missed In London
• Financial Services Atty Leaves MoFo For White & Case In NY
• CFPB's Vought Agrees To Pause Layoffs Amid Union Litigation
• Womble Bond Adds BakerHostetler Business Partner In Irvine
• Judge Leaves Curbs On DOGE Treasury Access After Hearing
• What Financial Intermediaries Can Expect From New Admin
• Virginia AI Bills Could Serve As Nationwide Model
• More CFPB Employees Axed As Union Presses For Injunction
• Wells Fargo Followed Seminoles' Orders For Trust, Jury Hears
• SEC Nets $38M In Judgments Over Cannabis Fraud Claims
• Arrow Financial Investors Get Final OK For $850K Deal
• GOP Lawmakers Seek To Vacate CFPB Overdraft Rule
• Walmart Says CFPB Suit Should Wait Amid Agency Chaos
• NC Biz Court Bulletin: Defaulted Notes, EB-5 Investor Fraud
• In-House Counsel Pointers For Preserving Atty-Client Privilege
• What Banks Need To Know About Trump's Executive Orders
• NYC Man Pleads Guilty To $62.8M Crowdfunded CRE Scheme
• McGuireWoods Taps BNY Litigator For Pittsburgh Office
• Baltimore Sues To Stop 'Unilateral Defunding' Of CFPB
• Wells Fargo Cheated Seminole Trust Out Of $800M, Jury Hears
• Unions Beef Up Suit To Keep DOGE Out Of Federal Agencies
• Judge Partially Certifies Credit Suisse XIV Notes Class Action
• OCC Departs International Network Focused On Climate Risks
• RI Judge Won't Pause Order To Unfreeze Funds Amid Appeal
• Fintech Group Wants To Defend CFPB's Open Banking Rule
• CFPB's Message To States Takes On New Weight Under Trump
• House GOP Eyes Medicaid Cuts, Work Requirements
• Treasury Chief Exempt From Block On DOGE's System Access
• Blank Rome Adds 2 Ex-Otterbourg Finance Pros In NY
• Sidley Litigator Tapped For Treasury GC Post
• Crypto Platform EToro Confidentially Files IPO Proposal
• Trump's Picks For CFPB, OCC Chiefs Hailed By Industry
• Trump Picks Crypto Policy Advocate Quintenz To Lead CFTC
• National Bank Act Rulings Facilitate More Preemption Analysis
• Collecting Rare Books Makes Me A Better Lawyer
• HMRC Can't Tax Canadian Bank For Oil Loan Payments
• DOGE, Treasury Accused Of 'Largest' US Data Breach
• Ex-NY Gov. Aide And Husband Deny Foreign Agent Charges
• CFPB's Closure Not 'A Free Pass' For Financial Compliance
• NY Judge Sides With Attorney In Golf Malpractice Row
• Goldman Sachs Scraps Diversity Mandate For IPO Candidates
• Botkin Chiarello Adds Litigator From Cleveland Krist
• Commerce Powers Key In Battle Over Corp. Transparency Law
• TD Bank To Sell Schwab Stake In Roughly $13.1B Offering
• Lender Eyes Receiver For $17M Hotel Construction Note Debt
• CFPB's Top Supervisor, Enforcer Call It Quits Amid Closure
• Republican-Led SEC Pauses Climate Regulation Litigation
• Judge Should Not Have Been Reprimanded For Alito Essay
• Atlanta's Inspector General Sued Over Financial Subpoenas
• FTX Having Trouble Serving Binance With Ch. 11 Lawsuit
• Merrill Lynch Objects To New Discovery Bid In Stock Loan Suit
• Morgan Stanley Can't Undo $1.6M Bias Award, Judge Says
• Merrill Lynch $20M Bias Deal Should Be Approved, Judge Says
• FDIC's McKernan Exits Board As Republicans Max Out Seats
• DOGE Access To Treasury Payment System Blocked By Judge
• Pension Execs Found Liable In $2B Danish Tax Fraud Case
• 5th Circ. Urged To Reject Crypto Exec's Privacy Law Claim
• NJ Law Firm, TD Bank Resolve $149K Bounced Check Suit
• A Look At Collateralized Loan Obligations Post-Reform
• Trump Admin Violating Order To Unfreeze Funds, Judge Says
• 2nd Circ. Backs UBS In Retaliation Case That Justices Revived
• Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
• Pillsbury Recruits Former Mayer Brown Tax Pro In NY
• 'Stand Down': CFPB's Acting Chief Pulls Employees Off Job
• CFPB Suspends Activity, Closes HQ As New Chief Arrives
• Trump Isn't Obeying Order To Unfreeze Funds, States Say
• 3 Firms Seek To Co-Lead Suits Over Banks' Synapse Ties
• Rocket Mortgagors Say New Judge Tilted 4th Circ. Decision
• NJ Statehouse Catch-Up: Offshore Wind, AI, Neurodiversity
• Feds Defend Corporate Transparency Act In 5th And 4th Circuits
• 5th Circ. Pauses Suit Over CFPB's Small Biz Lending Rules
• SPAC Market Hums Again Following Multiyear Downturn
• CFPB Will Mull Axing Google Payment Oversight Order
• BofA, H&R Block, Others Are Sued Over Image Capture Patent
• CFPB's Medical Debt Rule Halted For 90 Days By Texas Judge
• 9th Circ. Backs Ex-Bank Auditor's $1.5M Retaliation Suit Win
• Del.'s Quiet Ambition To Tweak Chancery, Stem Feared DExit
• Pa. Bank Settles Fired Worker's Sex Harassment Suit
• Wealth Firm Latest To Be Sued Over Cash Sweep Program
• Customs Broker Pleads Guilty To Wire Fraud, Tax Evasion
• Off The Bench: Trump Bans Trans Athletes, NCAA Falls In Line
• Ex-Credit Union Regulator Tapped For Acting OCC Chief
• 3 Ways Trump Can Nix SEC's Climate Disclosure Rules
• A Compliance Update For Credit Card Reward Partnerships
• Katten Real Estate Partner Joins Greenberg Traurig In Chicago
• Dozens Of Nations Join ICC In Condemning Trump Sanctions
• Accountant-Owned Law Firms Could Blur Ethical Lines
• UK Litigation Roundup: Here's What You Missed In London
• State AGs To Sue Over DOGE Access To Payment Systems
• Block's Dorsey, Others Face Derivative Suit Over AML Woes
• House GOP Floats Stablecoin Bill Amid Debanking Buzz
• Illinois Judge Extends Hold On Swipe Fee Law To More Banks
• DOJ To Weigh Criminal Action Against Cos. With DEI Policies
• ERISA Preempts Banker's $5.5M Deferred Comp, Judge Rules
• JPMorgan's State Trade Secret Data Row Claim Axed, For Now
• Detroit Public School District Can't Get Quick Tax Ruling
• Brink's To Pay $42M To End Feds' Money Laundering Probes
• Democrats Press Trump's USTR Pick On Tariff Approach
• CFPB's Frotman To Depart As General Counsel
• MLB Star Ohtani's Ex-Interpreter Gets 57 Months For $17M Theft
• Expect Scrutiny Of Banks To Persist, Even Under Trump
• US To Appeal Block On Corporate Transparency Act
• No Bail For Ex-Federal Reserve Adviser In Espionage Case
• Judges Balk At CFPB's Stay Bids In Capital One, SoLo Suits
• Musk's Access To Records Blocked In DOGE, Treasury Suit
• AI Will Soon Transform The E-Discovery Industrial Complex
• House Republicans Target CFPB's Small-Biz Rule For Repeal
• FDIC Letters Show It Met Crypto With 'Resistance,' Hill Says
• Blue Ridge Bankshares, Investors Reach $2.5M Deal
• Schwab To Add Oversight To End TD Ameritrade Buy Suit
• What Patent Attys Should Know About Trump's Commerce Pick
• Cannabis Industry Frozen Out Of Banks, Senators Told
• 'Pay-To-Pay' Fees Are Unfair Debt Practice, 11th Circ. Rules
• When Innovation Overwhelms The Rule Of Law
• What Compensation Committees Must Keep In Mind In 2025
• Likely Doomed CFPB Contract Rule Still Has Industry Pointers
• Russian Bank Can't Ditch Jet Crash Suit, 2nd Circ. Agrees
• Wheeling & Appealing: The Latest Must-Know Appellate Action
• Tribe's IHS Debt Suit Cut But Overcollection Claims Remain
• Wells Fargo Clears 2 More Consent Orders Amid Rehab Efforts
• Sen. Banking Chair Sets 100-Day Dash For Crypto Legislation
• LendingTree Faces Consumer Claims Over Snowflake Breach
• Sens. Hawley, Sanders Pitch 10% Cap On Credit Card Rate
• SEC Receiver, Atty Agree To Settle Fraud Transfer Claims
• Coinbase Taps BigLaw Firms In Bid To End Crypto 'Debanking'
• Drug Cartels' Terrorist Label Raises Litigation Risk For Cos.
• Best Practices To Optimize Cybersecurity Insurance
• Ex-Fed Adviser Charged With Espionage Called Flight Risk
• The Tides Are Changing For Fair Access Banking Laws
• Imagine The Possibilities Of Openly Autistic Lawyering
• Trump Taps GOP Senate Staffer For Treasury Bank Policy Role
• NJ Atty Avoids Disbarment After Bank Fraud Conviction
• Javice's Texts About Elizabeth Holmes Not Fair Game For Trial
• A Halftime Analysis Of DOJ's Compensation Pilot Program
• Credit Suisse Gets Investor Suit Over Collapse Booted To NY
• DOJ Poised To Prosecute Threat-Makers Against DOGE
• CFPB Small Biz Rules Outstrip Authority, 5th Circ. Hears
• Schumer Warns Of 'Hostile Takeover' From DOGE
• Fed. Circ. Questions Mitek's Fears Of USAA Check Patent Suit
• How Congress Can Stem Consumer Finance Law Uncertainty
• Visa Brass Hit With Derivative Suit Over DOJ Claims
• USAA Fails To Flip PTAB Loss In $218M EDTX Case
• Utah Court Urged To Preserve $8.3M In Messner Reeves Funds
• Sidley Adds Paul Hastings Energy, Finance Pro In Houston
• DC Judge Joins RI In Blocking Trump Funding Freeze
• BofA, Merrill Lynch Say Arbitration Policy Covers Bias Suit
• Documentary Filmmaking Makes Me A Better Lawyer
• Treasury's Bessent Takes CFPB Reins, Halts Agency Actions
• Weil Adds Ex-A&O Shearman Financing Pro As Partner In NY
• Trump Fires CFPB Director Chopra, Eliciting Praise, Lament