Banking Archive » June, 2009

Banking - June, 2009

207 articles

• Madoff's Merkin To Part With $310M Art Trove
• SEC, Former Putnam Exec Settle $4M Fraud Case
• Britain Seizes $100M In Stanford-Related Funds
• FINRA Eyes Muni Bond Market
• Debate Brews Over Obama Regulatory Reform Plan
• Judge Rules Stanford Must Await Trial In Jail
• Accredited Home Tries To Block Conversion To Ch. 7
• Plaintiffs Drop Antitrust Suit Over G-Fees
• Enabling State Suits Against National Banks
• Federal Takeover Of Financial Reporting Standards
• Firm's Fee Bid In Mortgages Ltd. Case Draws Fire
• WaMu Settles OT Class Actions For $38M
• New York — The Creditor's Playground
• Deloitte Objects To BearingPoint Agreement
• High Court Says States Can Go After Federal Banks
• MasterCard Settles TQP Encrypted Data Patent Spat
• The New SEC Whistleblower Proposal
• SEC Sets Sights On State Street Over MBS Marketing
• Court Rules In Long-Running Trace Intl. Appeal
• Treasury Sets Rules For Bank Warrant Buybacks
• FHFA Named Plaintiff In Fannie Mae Shareholder Suits
• Madoff Gets The Maximum
• WaMu Wins Bid To Dig Into JPMorgan Books
• BofA Hit With Sex Bias Suit Over Bonuses
• Main St. CEO Tapped For Moody's Special Master
• Jail Term Upheld For Swindler In $14M Wis. Bank Scam
• Mortgage Lenders' $2.7M WARN Pact Draws Objection
• Stanford Pleads Not Guilty To $7B Ponzi Scheme
• UBS Checks Jefferies Move To Poach Employees
• Morgan Stanley Board Wins Round In ARS Suit
• 401(k) Bill Passes House Labor Committee
• BuckleySandler Taps GE GC To Head New NY Office
• Lehman Allowed To Investigate Barclays Sale
• Madoff Judge Delays Victim Restitution Issue
• BofA Wins $19M In Fees In AEP Natural Gas Case
• SEC Proposes New Limits On Money Market Funds
• Insurer Loses Bid In Antitrust Exclusion Spat
• Delphi's Proposed Sale Plan Sparks Lenders' Ire
• 5th Circ. Nixes $6M Award In Bank One RICO Suit
• 401(k) Admin, Neuberger Settle Revenue Sharing Suit
• BB&T Strikes Deal In Mirror Imaging Patent Case
• EU To Reveal Bank Guidance, Pharma Findings: Report
• MFS Fund Manager Found Liable For Insider Trading
• Huntsman Scores $1.7B In Feud With Banks
• PNC Fraud Claim Stands In ING Trademark Suit
• Offshore Oil Speculation Measure Stalls In Senate
• Dutch Pension Fund Sues State St. For Lehman Freeze
• Metadata Request Nixed In Equity Firms Antitrust Case
• JPMorgan Again Told To Hand Over E-Mail In OT Suit
• SEC Won't Cover Investor's $1.7M In Madoff Losses
• SEC Enforcers Sticking To Provable Fraud. For Now.
• DOJ Issues 2nd Requests To Fidelity, Metavante
• Henderson Global Exec Claims Age Bias, Retaliation
• JPMorgan Aims To Liquidate Home Lender Accredited
• SEC Nabs Madoff Feeder Fund, Adviser
• Ex-CEO, SEC Settle $25M Forex Ponzi Scheme Suit
• JPMorgan To Take On WaMu Savings Plan, Liabilities
• TV Networks Win Bid To Unseal Madoff Victims' E-Mails
• Stanford Faces Criminal Charges In $7B Fraud Case
• House Subpoenas Fed Over BofA-Merrill Deal
• Consumer Financial Protection Agency Faces Fight
• US Could Become A Hedge Fund Haven, Experts Say
• Groups Spar In House Over Consumer Watchdog Plan
• SEC, CFTC Push To Regulate OTC Derivatives Dealers
• 2nd Circ. Rebuffs Ex-Bayou CEO Israel's Appeal
• DOJ Takes Heat Over Prosecution Deal Oversight
• EU Leaders Approve Financial Regulatory Overhaul
• Court OKs Global Lehman Protocol
• Geithner Faces Grilling Over Fed Role In Overhaul
• Morgan Lewis Nabs Bingham Group For Boston Office
• High Court Hands Employers Win In FBL Age Bias Case
• BDO Intl. Off The Hook For US Unit's Negligence
• UBS Hit With Suit Over $2B Subprime Asset Scheme
• Merrill Execs In Enron Deal Can Be Retried: 5th Circ.
• SEC Sidelines Ex-NFL Player Amid Fraud Case
• Litigation Shifts As Credit Crunch Deepens: Report
• Lyondell Creditors Seek Suit Over Basell Merger
• Stanford Tries To Boot Baker Botts From SEC Case
• Ex-Franklin First Loan Officer Wins Cert. In FLSA Suit
• Fund Mgrs. Want Out Of Santander Suit Over Madoff
• E&Y Won't Back Down In Lehman Subpoena Fight
• Eddie Bauer Pursues $202M Asset Sale To CCMP
• Adelphia Creditors Told To Revise Claims V. Goldman
• Some Reforms Missing From Obama's Blueprint
• Battle Lines Form Over Financial Regulatory Scheme
• House Seeks Bernanke's View On BofA-Merrill Deal
• Visa Escapes Credit Card Text Notification Suit
• Citibank Workers Seek Class For State OT Claims
• Lawsuit Calls Oppenheimer Municipal Fund 'Junk'
• MassMutual Madoff Suit Re-Emerges In Federal Court
• Missing Lake Shore Exec Charged In $312M Fraud
• Talk Of Bonuses, Bailout Barred In AIG Trial
• High Court To Hear Student Debt Discharge Challenge
• Optionable Shareholders Lose Bid To Revive Action
• Dozens Object To Lehman's Claim Cutoff Motion
• Vitesse, KPMG Settle Negligence Suit For $22.5M
• The New FDIC Disclosure Rules
• Unique Features Set NY Life Insurance Proposal Apart
• MBS Litigation — Huge Exposure For Banks?
• Investors Win Class Cert. In NYSE Specialists Case
• Bondholder Drops Cerberus From GMAC Action
• Steamfitters Sue Investment Firm Over Madoff Losses
• Madoff Victim Challenges Trustee's Claim Valuation
• BofA Bundled Insurance Case Heads Back To Ga.
• Plaintiffs Seek OK For Settlement In Nationwide Case
• Ernst & Young Balks At Order To Divulge Vivendi Docs
• Valvoline Maker Slaps Morgan Stanley With ARS Suit
• Creditors Beware: Choose Your Words Carefully!
• Ohio Court Says GMAC Not Liable In Odometer Case
• Insurer's Complaint Over Policy Rescissions Nixed
• Investors Sue Madoff Feeder Funds For $3.5B
• SEC, CFTC Preparing OTC Derivatives Legislation
• Riverstone, Cuomo Settle Pay-To-Play Probe For $30M
• Mayer Brown Partner Jumps To Greenberg Traurig
• Merrill Lynch Sues Ex-Advisers For Stealing Clients
• Brownback Lends Support To TARP Disclosure Bill
• Judge Gives Nod To $586M Deal In IPO Action
• Merrill To Buy Back $38M In ARS From Mont. Investors
• Treasury Appoints TARP Executive Pay Czar
• Location: A Taxing Choice For New Businesses
• Las Vegas Developer Enters Ch. 11, Attacks Lenders
• Lehman Examiner Calls Out E&Y Over Audit Subpoena
• Investment Adviser Settles $6M SEC Fraud Suit
• SEC Sanctions Merrill Lynch Pension Adviser
• Former Lehman Clients Ask For $190M In ARS Suit
• SunTrust Says Citi Poached Employees, Trade Secrets
• Sen. Seeks Reform On Credit Card Interchange Fees
• No New Fraud Trial For National Century Founder
• Canadian Settles US Insider Trading Claims
• Sun Capital Dismissed From $550M Fraud Case
• 2nd Circ. Reverses Dismissal Of BofA Fraud Claims
• New York Life Seeks Dismissal From Madoff Suit
• Treasury Allows 10 Banks To Pay Back TARP Funds
• Stanford Fights Receiver's Bid To Sell Assets
• Cuomo Probe Into Loan Modification Industry Deepens
• SEC Targets $80M Ponzi Scheme Aimed At Koreans
• Panel Says Future Bank Stress Tests May Be Needed
• EEOC Asked To Investigate BofA Job Postings
• SEC Requests Data From Pension Funds In Probe
• Deutsche Bank Execs To Face Trial Over Parmalat
• Lehman Secures $200M Mortgage Deal
• Calif. Regulator, BofA Units Settle ARS Claims
• Law Firm Disputes Default In Mortgage Fraud Suit
• Credit Suisse Settles Claims In Lancer Fraud Suit
• JPMorgan Wins Defunct Bank's $17M In Stock
• Wells Fargo Fund To Pay $40M In SEC Settlement
• Conn. AG Queries Fannie, Freddie Over Firm Choices
• France To Ax VAT From Carbon Permit Trading Cost
• Bank's Safeco Suit Stayed Pending Arbitration
• Securities Sales Not Subject To Fraud Act: NJ Court
• LML Hits 6 More Banks With Check-Debit Patent
• Alleged Credit Suisse Fraudster Goes On The Lam
• $25M MBNA Shareholder Deal Gets Judge's OK
• Fund Manager Cops To $80M Ponzi Scheme
• Congress Told Clearing Not A Fit For All Derivatives
• FINRA's Revised Rumor Rule
• BofA Chief Called On The Carpet Over Merrill Buyout
• Obama Exec Pay Plan Gets Congressional Grilling
• Insight Into Assigning Arbitrability
• Seward Gets Out Of Suit Over Hedge Fund's Collapse
• Skadden Adds Litigator From Merrill Lynch
• CFTC Head Fleshes Out OTC Derivative Rules
• SEC Hits Mozilo With Fraud, Insider Trading Suit
• Bancorp Agrees To Buy American Home Bank
• Bill Aims To Help Merchants Slash Credit Card Fees
• Sen. Grills FINRA On Ex-Lehman Analyst's Claims
• NH Regulator Looks To Pull UBS' License Over Lehman
• Reviving Securitization — A Response To Critics
• Canadian Bank Can Access DataTreasury Suits Info
• Del. Judge's OK Opens Door For CBOE Stock Offering
• FINRA Fines Dropped 55% In 2008
• PCAOB Scores More Time To Inspect Foreign Firms
• AIG Accuses Starr Of Trying To Stoke Bonus Fire
• $128M Lehman Pension Deal Gets Green Light
• SEC Finalizes $7B ARS Buyback Deals With 3 Firms
• 2nd Circ. Sends Investor-Citigroup Spat To Ga. Court
• Ex-UBS Exec Insider Trading Saga Comes To An End
• Mayer Brown Trial Vet Jumps To Sheppard Mullin
• Bryan Cave Adds Former Countrywide Counsel
• Lehman Unit Sues Insurer Over $166M In CDS
• Barroway Named JPMorgan ERISA Suits Lead Counsel
• Sidley Austin Tax Shelter Claims Ruled Time-Barred
• Deutsche Loses Out On $47M From Genuity Ch. 11
• ARS Buyers Bow Out Of Royal Bank Of Canada Suit
• Workers Seek OK For $1M Deal In Banco Popular Suit
• AmeriFirst Exec's Mom Cleared In Contempt Finding
• Stay Of Arbitration Upheld In VCG-Citigroup CDS Suit
• Monolines' Claims Could Turn Up Heat On I-Banks
• EU Finance Ministers To Back Regulatory Overhaul
• SEC Seeks Ruling In $80M Trust Fund Plot Case
• BofA Off Hook For $1.6B Award In Overdraft Fee Case
• Free Web Portal For Muni Bond Data Launched
• Advisers Can't Force FINRA Arbitration: Calif. Court
• WaMu Shareholders Ask Again To Form Committee
• High Court Seeks SG Input On 'Foreign-Cubed' Cases
• CFTC Calls For Legislative Fix Of Zelener Loophole
• Sanctions Upheld Against Fla. Hedge Fund
• Fremont $10M Settlement With Mass. Approved
• SEC On Warpath Over Internal Leaks: Report
• US Must Play Role In Mortage Market: FHFA Head
• The State Of Section 36(b) Litigation
• Lehman, Deutsche Bank CDS Transfer Terms OK'd
• UK Wants to Extend Short-Selling Disclosure Rules
• Cincinnati Insurance Settles Bank Indemnification Suit
• IP Attys Hail Cert Grant On Bilski
• Basics Of The Credit Card Reform Bill
• Bank Of NY Appeals Lyondell DIP Order