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Latest News in Banking

• March 13, 2026

  ROSS Says Anthropic Case Supports 3rd Circ. IP Appeal

  An artificial-intelligence-based legal search engine appealing a finding that its use of Thomson Reuters' Westlaw headnotes did not constitute fair use has pointed to arguments in a separate case it says supports the idea that AI training is connected to national security.

• March 13, 2026

  The Practical Implications Of New FDIC Stablecoin Measures

  The Federal Deposit Insurance Corp.'s recent proposal to create a formal process for issuing payment stablecoins arrives with several practical implications for FDIC‑supervised banks pursuing digital asset strategies, including a safe harbor for early applicants and a focus on ownership and governance, say attorneys at Troutman.

• March 13, 2026

  DC Judge Blocks Subpoenas Targeting Fed's Powell

  A Washington, D.C., federal judge has blocked a pair of subpoenas tied to the U.S. Department of Justice's criminal investigation into Federal Reserve Chair Jerome Powell, ruling they were improperly issued with the aim of harassing the central bank chief.

• March 13, 2026

  Cahill Gordon Partner Joins DLA Piper's NY Finance Practice

  DLA Piper has added a former Cahill Gordon & Reindel LLP partner to its leveraged finance practice in New York.

• March 12, 2026

  FDIC Owns SVB Insurance Claims, Court Told

  The Federal Deposit Insurance Corp., as receiver for Silicon Valley Bank after its historic collapse in early 2023, is entitled to recover on what could be tens of millions of dollars in financial institution bond proceeds, the FDIC's counsel told a North Carolina federal court Thursday.

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