Banking Law360 provides breaking legal news and analysis on the banking sector. Coverage includes high-stakes litigation involving banks, as well as federal, state, and international policy developments and corporate deals.

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Latest News in Banking

• March 26, 2026

  Paul Weiss, Skadden Guide $22B US Life Insurance Merger

  Corebridge Financial Inc. and Equitable Holdings Inc. said Thursday they have agreed to merge in an all-stock transaction that values the combined company at about $22 billion, in a deal steered by Skadden Arps Slate Meagher & Flom LLP and Paul Weiss Rifkind Wharton & Garrison LLP.

• March 25, 2026

  UBS Must Face Class Action Over Low-Yield Sweep Accounts

  A New York federal judge on Wednesday trimmed a proposed class action alleging USB Financial Services Inc. put customers' money in low-yielding "cash sweep" accounts in breach of their contract, tossing a single duplicative unjust enrichment claim but allowing the contract claims to proceed.

• March 25, 2026

  Payments Co. Sued Over $3M Liquidity Pool Loan Default

  Payken is facing a Delaware Chancery Court lawsuit alleging the blockchain-based payments company owes roughly $3.2 million after breaching a master credit agreement and failing to repay loans owed to a jointly owned lending vehicle created to provide it with liquid assets.

• March 25, 2026

  TD Bank 'Call Ready' Rule Cut Worker Pay, NJ Suit Claims

  TD Bank failed to pay employees for overtime work they did before and after their shifts, a former customer service call representative alleges in a proposed collective and class action filed in New Jersey federal court.

• March 25, 2026

  Lender Targets Borrower, Guarantor In $3.8M Default Suit

  A Delaware lender has sued a group of real estate investors and affiliated entities in Delaware Chancery Court, accusing them of defaulting on a $3.8 million mezzanine loan and then diverting collateral to avoid repayment.

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