Banking Archive » July, 2012

Banking - July, 2012

367 articles

• Goldman Pays $27M To Settle Fight Over $700M MBS Offering
• Vertrue Wins Bid To Maintain Credit Card Processing Deals
• DOJ, Treasury Insist Account Owner Rule Is Worth The Trouble
• UBS Clients Get 1 Year Each For Swiss Tax Dodge
• CFPB Enforcement May Pick Up As Agency Finds Its Legs
• Calif. Appeals Court Rejects Employer Arbitration Pacts
• Credit Suisse Shakes UAE Bank's $40M Restructuring Case
• FHFA Says Fannie, Freddie Won't Forgive Mortgages
• Bankrupt Arcapita Preps For Stay Fight Over $120M Damages
• ICE To Transition Energy Swaps To Futures
• EU Bank Capital Disclosures Pushed Back To 2014
• Ex-Citigroup Exec Stoker Beats SEC Fraud Claims
• Libor Scandal Spurs MSRB To Examine Muni Bond Benchmarks
• EU Targets Visa For Fixing Interchange Fees
• Ex-UBS Director Fingers Execs In Muni Bond-Rigging Trial
• Judge To Review Paul Weiss Docs In $1.5B AXA, ING Case
• Creditors Of Failed Clearinghouses Should Feel Pinch
• Philippines, 3 Investors Launch $625M Infrastructure PE Fund
• Defining Compliance After Wal-Mart And Morgan Stanley
• Japanese Regulator Wants Nomura Sanctioned Over Info Leaks
• Investor Targets BofA, Barclays, 14 More Over Rigged Libor
• Tenn. Latest To Sue Fannie, Freddie Over Unpaid RE Taxes
• ResCap Examiner Gives Court Outline Of Prebankruptcy Probe
• Muni Bond Bid-Rigging Trial Begins For Ex-UBS Execs
• FTC Input Likely To Propel Tougher Prepaid-Card Rules
• Lloyds Puts Up $1.6B For Renewables, Infrastructure
• Senate Dems Seek FDIC Transaction Account Program Extension
• Atty Says SEC Ignored Truth In Case Against Citigroup's Stoker
• Fed Unveils Risk-Control Rules On Financial Market Utilities
• HSBC Sets Aside $2B For Money Laundering, Sales Woes
• US Bank Hits Morgan Stanley With $69M Mortgage Loan Suit
• NJ County Fights Fannie, Freddie Over Foreclosure Fees
• Royal Park Sues JPMorgan, Others Over $3B In RMBS
• Countrywide MBS Cases Are Time-Barred, 9th Circ. Hears
• Judge Trims RMBS Suit Against Deutsche Bank Units
• UK Will Examine New Methods To Set Libor
• HSBC Sues Nomura Unit For $278M In Alleged MBS Losses
• ATM Fee Antitrust Case: Ill. Brick Is Still The Law
• Berkshire Bank Sues Barclays, HSBC Over Libor Manipulation
• TMST Trustee Pays Banks $72M To Settle Collateral Rights Suit
• Judge Likely To Toss Atty Suit Over Calif. Mortgage Fee Rule
• UK Bank Regulator Cracks Down On Packaged Accounts
• Homeowners Say JPMorgan Illegally Marked Up Servicing Fees
• Libor's Complex Web May Limit Rate-Rigging Damage Claims
• Global Payments Hit With $84M Bill For Data Breach
• Merrill Takes Race Bias Class Cert. Fight To High Court
• JPMorgan Faces Fewer Claims In Mortgage Modification MDL
• SEC Presses Citigroup's Stoker On Handpicked CDO Assets
• Barclays Faces UK Probe Over Agreement Disclosures
• Citizens Says Wells Fargo Advisors Stole Trade Secrets
• US Develops Int'l Agreement To Combat Offshore Tax Evasion
• Banking Groups Push Back Against Weill's Call For Breakups
• Madoff Feeder Suits Belong in Europe, Banks Tell 2nd Circ.
• Senate Sends Sequestration Transparency Act To President
• Fed. Circ. Calls Foul On Bancorp's Insurance Patents
• Capital One To Pay $12M For Service Member Credit Violations
• CDO Not Made To Fail, Citigroup's Stoker Tells Jury
• Mass. Passes Foreclosure Bill Without Mandatory Mediation
• Securities Class Actions Fall But Libor Litigation Lurks
• RBS Ducks Contract Claim In Liverpool Takeover Case
• House Moves To Block IRS Foreign Deposit Rule
• DOJ, Ontario Reach Deal To Release $18M To Stanford Receiver
• Grocers Group Latest To Oppose $7B Interchange Fee Deal
• TIAA Takes Hit In $191M Office Deal With JPMorgan
• RBS, Wells Fargo Can't Shake $1B Credit Union MBS Claims
• NCUA Revamps Credit Union Oversight After Big Growth
• Groups Prod CFPB To Ban Credit Features On Prepaid Cards
• Prepaid Card Seller's Antitrust Claims Against Rival Nixed
• Ohio Counties Sue Fannie, Freddie Over Deed Transfer Taxes
• Nomura CEO Resigns Amid Insider Trading Scandal
• Geithner Says US Is Searching For Libor Replacement
• National Mortgage Settlement: The Latest From Capitol Hill
• Judge Questions SEC's Oversight Of $55M Investor Program
• Retail Opposition Clouds $7B Interchange Fee Deal's Future
• Lehman, Deutsche Reach $42M Deal In Derivative Contract Row
• German Bank Sues UBS Over Losses On $160M In MBS
• 4th Circ. Won't Revive Bank Of America Pension Suit
• Despite Weill's Words, Breaking Up Banks Won't Be Easy
• Sen. Calls For Low-Interest Gov't Loans For Underwater Homes
• Goldman Tells 2nd Circ. Sex Bias Suit Belongs In Arbitration
• CFTC Access To Firm Accounts Could Prevent Future Peregrines
• Basel Committee Sets Capital Levels For Clearinghouse Deals
• EU Regulators Lay Out Plans For Rate-Fixing Crimes
• Wells Fargo Gets Forced-Placed Insurance Class Tweaked
• Jones Day Adds Ex-Hunton & Williams Finance Partner
• DOL Sues Retirement Plan Trustees Over $16M Stock Buy
• Ron Paul's Bill To Audit Fed Sails Through House
• Feds Still Failing At Regulating AIG, Report Says
• Geithner Defends Libor Measures Taken By NY Fed In 2008
• E&Y Stalling Case Over $1.5B ING Unit Buy, AXA Says
• CORRECTED: WaMu Can't Eliminate MBS Class Action
• Mexico Fines HSBC $27M Over Money Laundering Reporting
• PACE-ing The Regulation Of Renewable Energy Loans
• EU Markets Regulator Wants To Criminalize Libor Rigging
• Wells Fargo Wins Round In Bid To Escape Pruco Suit
• Developers' Turn To Mezzanine Financing Carries Some Risk
• Lawmakers Spar Over Ron Paul's Bill To Audit Fed
• Alaron Accuses Clearing Firm CEO Of Poaching Customers
• Volcker Rule Has Too Many Holes, Fed Governor Says
• CFPB Rules Hinder Small Business Lending, GOP Says
• PE Titans Try Again To Whittle LBO Bid-Rigging Claims
• Ex-Anglo Irish CEO Arrested In Fraud Probe
• Wells Fargo To Get $224M In Babcock Loan Default Suit
• Case Study: In Re Creekside Senior Apartments
• Following Target, Wal-Mart Opposes $7B Swipe Fee Deal
• The Ins And Outs Of FINRA Suitability Rule 2111
• TMST Trustee's $2B Suit Belongs In Bankruptcy Court: Judge
• House Lawmaker Demands More Libor Info From NY Fed
• Chase To Pay $100M To Exit Credit Card Loan MDL
• New Bill Could Take More SEC Fights Outside The Courtroom
• CME Group May Move Customer Funds To Clearinghouses
• Treasury's Stake In 12 TARP Banks Up For Auction
• Target Says $7B Visa, MasterCard Settlement A Raw Deal
• Fairfield Liquidator Eyes $89M In Pair Of Clawback Suits
• Investors End Fight Against BofA's $8.5B MBS Settlement
• 11th Circ. Backs BankAtlantic Win In Investors' Fraud Suit
• Banking Group Calls Fed's Credit Limit Rule Flawed
• 6th Circ. Revives ERISA Action Over Flagstar Stock Loss
• Stimulating Bank Investment By Simplifying Review
• Sugar Co. Appeals $146M Merrill Swap Ruling To 2nd Circ.
• Savings Groups Must OK Security Issuers Periodically: FDIC
• Koch Unit Slams MF Global Trustee's $20M Claim
• Ex-BofA Exec Indicted In Municipal Bond Bid-Rigging Scheme
• Attys In $7.25B Visa, Mastercard Case Ask To Drop Trade Group
• MoneyGram Pays $10M To End Investor Suit Over Stock Deal
• Ex-BofA Employee Complains Of 'Apartheid' Banking
• SEC Sets Bar To Meet 'Mortgage-Related Security' Definition
• FHFA Says Ill. Court Has No Authority In MGIC Coverage Suit
• SEC's Broad Municipal Adviser Rule Risks Collateral Damage
• Bankruptcy Code Should Offer Student Loan Exception: CFPB
• JPMorgan Must Disclose Inquiry In Billionaire's MBS Suit
• Cartesian, Russian Fund Pick Up Stakes In Moscow Exchange
• Stanford Ruling Confuses SLUSA Standard, Supreme Court Told
• JPMorgan Hounded Homeowners After Short Sales, Suit Says
• Bank Of England Emails Show No Libor Warning To NY Fed
• A Review Of FINRA Rule 5123
• Goldman, Others Can't Duck HCA Claim In LBO Antitrust Case
• Magyar Sues Great Lakes For Coverage Of Condo Damage
• Foley Lardner Malpractice Win Upheld In Ill. Appeals Court
• Stanford Associates Plead Not Guilty To Roles In $7B Scam
• CFPB Credit, Mortgage Rules Walk A Fine Line, Reps. Say
• Unfinished Dodd-Frank Rules Leave Banks In The Dark
• Bankers Group Says Fair-Lending Enforcement Too Aggressive
• Global Accounting Standards Suddenly Seem Far Off
• Investors Lose Bid For Docs In Morgan Stanley ARS Suit
• HSBC Can't Kill Kickbacks Suit Over Force-Placed Insurance
• Ex-McKinsey Director Kumar Dodges Jail In Raj Tipping Case
• Regulators Ramp Up Scrutiny Of 8 Exchanges, Clearinghouses
• NY Fed Wants Banks To Cut Back On Repo Trades
• The Volcker Rule In Light Of JPMorgan's $5.8B Loss
• O'Melveny Reps Coller In Close Of $5.5B Fund For Secondaries
• FHFA Can Pursue MBS Claims Against ResCap Affiliates: Judge
• IndyMac CEO Off Hook For SEC's Risk-Weighting Claims
• Judge Says Consolidation Order In Libor MDL Was A Mistake
• Insurers May Give Banks Cold Shoulder After Libor Scandal
• Ex-JPMorgan Banker Pleads Guilty In Muni Bond Probe
• 2nd Circ. Grants Partial Retrial To Convicted Doral Exec
• 7th Circ. Upholds FDIC's Permanent Ban On Banker Brothers
• Former Fannie Mae CEO Didn't Lie To Investors, Atty Says
• $210M Capital One Deal Sheds Light On CFPB's Rulemaking
• XL May Face Sanctions For Destroyed Docs In Appraisal Suit
• Bharara Warns Wall Street Not To Push Ethical, Legal Limits
• Holland & Hart, Wells Fargo Sued Over $13M Property Deal
• Investors Target Credit Suisse Over $340M In Losses
• Winstead Adds Ex-Haynes And Boone Finance Pro In Houston
• House Votes To Force OMB To Reveal Sequestration Plans
• Geithner Stands By 2008 Response To Libor Worries
• CFTC To Give Certain Swap Dealers Regulatory Relief
• Bernanke Rejects Claims Dodd-Frank Stalled Recovery
• ThaiBev To Pay $2B For Stake In Singapore Beverage Co.
• 11th Circ. Revives Mortgage Co. Suit Over Collection Tactics
• Cybersecurity Lessons From People's United Bank Case
• Goldman Settles Investor Suit Over $696M MBS Offering
• FHA Now Fielding Buyers In Redoubled Bulk Loan Sale Program
• Peregrine CEO Used Stolen Funds To Pad Capital, Reports Say
• Countrywide Strikes $375M Deal With Syncora In MBS Fight
• Advanta, KPMG Can't Dodge Shareholder Class Suit
• Fannie Mae Shielded From Firing Claims By Conservatorship
• HSBC Exec Quits As Bank's Money Laundering Woes Pile Up
• FERC Says JPMorgan Unit Can't Withhold Emails In Bid Probe
• GOP Rep. Wants To Open CBO Numbers To More Scrutiny
• WaMu Didn't Push For Inflated Home Values, Appraisers Testify
• Holland & Hart, Others To Face Suit Over $13M TIC Investment
• State Street To Pay $550M For Goldman Fund Management Unit
• US Bancorp Fails To Maintain Foreclosed Homes, LA Says
• Bernanke Says Fed Has Limited Influence Over Libor
• Regulators Failed Peregrine Investors, CFTC Chief Tells Sens.
• Implications Of Richman V. Goldman Sachs Group
• Loeb & Loeb Lures Capital Markets Pro From Reed Smith
• NFA Hires Jenner & Block For Post-Peregrine Audit
• AmEx Told To Hand Over Docs In Merchants' Antitrust Case
• Bank of Okla. Pays $19M To Settle Overdraft Fee MDL Claims
• FBI Selects New Head Of NY Criminal Division
• Citigroup's Stoker Misled Investors, SEC Tells Jury
• More Homeowners Using Gov't Refinancing Plan, FHFA Says
• Fannie, Freddie Losses Over $200B MBS Not Fraud, Banks Say
• Ex-AIG Exec's Ex-Hubby Gets 9 Months For Horse Farm Fraud
• Peregrine Execs Accused Of Commingling Funds In New Suit
• NY's Strong Fraud Laws Will Bolster State Libor Probes
• CFTC Could Exempt Some Cooperatives From Swaps Rules
• Senate Report Blasts HSBC Over Money Laundering
• House Lawmakers Launch Libor Manipulation Probe
• Morgan Stanley Can't Derail MBS Class Action
• CFPB Set To Replace Patchwork Credit Reporting Co. Regime
• JPMorgan Duped Consumers To Sell Funds, Suit Says
• JPMorgan, Merrill Must Face MBS Suits In State Court
• Apple REITs, DLA Seek To Toss $6B Investor Class Action
• US Bancorp Pays $10M To Exit Pension Class Action
• NJ Unveils Proposed Rules For Banking Development Districts
• US Prevails In WTO Over China Electronic Payments
• Ballard Spahr Adds Carlton Fields Banking, PE Partner
• Raising The Bar On CMBS Loans
• AmEx, Costco Latest Targets Of Browser Patent Holder
• JPMorgan Says Emails FERC Wants In Bid Probe Are Privileged
• UBS Execs' Bid-Rigging Charges Aren't Time-Barred: Judge
• Visa, MasterCard To Pay $7.25B To Settle Card-Fee MDL
• Houston Tower Owner Says Noteholder Trying To Swipe Building
• CFTC To Delay Reg Compliance For Some Swap Dealers
• $5.8B Loss Reignites Doubts About JPMorgan's Management
• McDermott Caps Hiring Spree With Nixon Peabody Tax Pro
• BofA Sued Over Mortgage Interest Payments To IRS
• BofA Pays $20M To Settle Credit Plan Marketing MDL
• 9th Circ. Won't Review Class Cert. In WaMu Appraisal Suit
• Regulators Eye New Rules To Manage Big Bank Failures
• UK Office Of Fair Trading Eyes Personal Bank Account Market
• Geithner's Role In Libor Emerges Amid Lawmakers' Push
• Peregrine CEO Arrested As Damning Suicide Note Emerges
• Judge Caps Time For Witnesses In Reserve Management Trial
• Peregrine Trustee Can Run Business Ops, Pay Key Employees
• Citigroup Sells 620,000-SF Office Campus To Brookfield
• Wells Fargo Faces New Force-Placed Insurance Class Action
• CBO Says Not Enough Projects To Justify Infrastructure Bank
• Key Provisions Of Calif.'s Homeowner Bill Of Rights
• Investment Losses Climb To $5.8B, JPMorgan Says
• Banks To Face More Suits In Wake Of Calif. Mortgage Overhaul
• Texas Jury Hands Down $118M Verdict In Hospital Investor Suit
• 6 Bank Of The Commonwealth Insiders Charged With Fraud
• Transfer Tax Suits Pile Up Against Fannie, Freddie
• The Latest In Jefferson County
• Citi Can't Ax Suit Over Bankrupt Vegas Monorail Bonds
• Bold Calif. Mortgage Plan Faces Eminent-Domain Hurdles
• Barclays' Ex-Chief Relying On Dechert Pro In Libor Scandal
• 9th Circ. Affirms Banks' Win In ATM Fee Antitrust Suit
• US Slaps More Economic Sanctions On Iran
• CFTC's Peregrine-Prompted Reforms May Not Fend Off Fraud
• Deloitte Loses Protest Of $36M Financial Services Contract
• Former Forex Trader Inks Plea Deal In $25M Fraud Case
• Wells Fargo To Pay $175M To Settle DOJ Lending Bias Case
• Lehman Claims In $8.6B JPMorgan Row Won't Get 2nd Look
• HSBC Says Force-Placed Insurance Suit Fails To Allege Injury
• Dodging A Bullet: First American Financial V. Edwards
• Bank Of The West To Pay $18M Settlement In Overdraft MDL
• Shaw Gussis Atty Steps Into Peregrine Ch. 7 Trustee Role
• Agency Over Fannie, Freddie Takes Up Force-Placed Insurance
• Insurer Must Foot Legal Bill For Convicted Bank Fraudster
• SEC Calls Franklin Bank Execs' Defense Bogus
• Judge OKs Class Action Against BofA Over Mortgage System
• Taylor Bean Unit's $800M Freddie Mac Gambit Faces Slim Odds
• Peregrine CEO's Suicide Note Tipped Off FBI To Missing Money
• Bankrupt Peregrine Faces WARN Suit
• First American Grills Expert In WaMu Home Value Inflation Suit
• LSP Energy Settles With BNY Mellon Over $80M Bond Penalty
• European Banks Reach Crisis Capital Targets, EU Agency Says
• MF Global's Canada Unit To Hand Over $61M In Forex Funds
• FDIC Beats Back OneBeacon Claims In $4.6M Coverage Suit
• Housing Experts Push Congress To Define 'Qualified Mortgage'
• SEC Votes To Establish Audit Trail For All Stock Trades
• Peregrine Files For Ch. 7 As Fraud Scandal Unfolds
• Peregrine Likely To Take Cues From MF Global Bankruptcy
• Judge Rules 'Soft-Dollar' Claims Aren't Protected By SIPA
• ResCap Wins Stays On Last 6 Suits Against Affiliates
• Judge Lets SEC's Fraud Claims Proceed Against Ex-Citi Exec
• BofA Says 'Finder's Fee' Class Action Falls Flat
• Bankrupt Taylor Bean Unit To Seek $800M From Freddie Mac
• Peregrine A More Likely Criminal Target Than MF Global
• SemGroup Creditors' Trust Sues Barclays Over $143M Fee
• Peregrine Puts CFTC In Hot Seat With MF Global Deja Vu
• Regulators Warn Banks Of Cloud Computing Security Risks
• JPMorgan To Pay EPA $1.3M For Superfund Cleanup
• SAC Moves Into Reinsurance Realm With $500M In Capital
• Dodd-Frank Put Brakes On Recovery, House GOP Says
• NY Fed Asked Barclays For Info On Libor In 2008
• N+1, Mercapital Merger Creates Spain's Biggest PE Firm
• King & Spalding Nabs Fried Frank Property Pro In London
• CFTC Swaps Definition Clears Way For Dodd-Frank Overhaul
• CFTC Sues Peregrine Financial Over Missing Client Money
• Freddie Mac Taps Former JPMorgan Atty As New GC
• BancorpSouth Pays $29M To Put Investor Suit To Rest
• Delays May Stifle CFPB's Effort To Clear Up Mortgage Process
• House Passes Bill To Ease ATM Fee Disclosure Rules
• Barclays, Others Face Suit Over Euribor Rate Fixing
• Drug Cartel's Scheme Puts BofA In Uncomfortable Spotlight
• Judge Clears HSBC In $70M Row Over Untested Hedge Funds
• FDIC Fights Fee Payout In Imperial Bankruptcy
• Bank Of England Denies Influencing Barclays On Libor
• IndyMac Trustee Takes Insurers' $80M Win To 9th Circ.
• 11th Circ. Gives BofA Small Win In Las Vegas Casino MDL
• UK Fraud Office Reopens Criminal Probe Of Weavering
• SEC Approves Overdue Derivatives Definitions
• How The 2nd Circ. Aleynikov Opinion Went Awry
• 1st Circ. Opens Door To Bank Liability For Cyberattacks
• $1.1B Buyout Undervalues M*Modal, Shareholder Claims
• REIT Sues Station Casinos, Creditors For Share Rights
• 11th Circ. Revives Arbitration In Bank Overdraft MDL
• Global Proposal Prompts CFTC To Reopen Margin Comments
• Barclays Deal May Fuel Criminal Cases Against UK, US Banks
• Wells Fargo Sales Staff Wins Conditional Cert. In OT Suit
• Ex-Citi Exec Fights SEC's Leading Question Request For Trial
• African Bank Group Targets Corruption With New Rules
• FDIC Says Bankruptcy Stay Doesn't Block Ally Suit
• Uncertainty Over CFPB Tops Banks' Worries, Survey Says
• BofA Escapes RICO Suit Over Faulty RE Loan Reports
• Paul Hastings Brings On Ashurst Italian Finance Partner
• At Odds Over Junior Lienholder Rights In Calif.
• BNY Mellon Pays $280M To End Sigma Class Action
• UK Fraud Office Begins Libor Criminal Probe
• Calif. Mortgage Overhaul May Raise Preemption Challenges
• CFPB's Definition Of Abusive Practices Remains Elusive
• Deutsche, Fitch Settle Anschutz Suit Over ARS Manipulation
• Lehman's Objections Survive In JPMorgan Repo Row
• Mortgage Fraudster Pleads Guilty In $100M Scheme
• GAO Slams Regulators Over Foreclosure Review Notices
• SEC Taps Ex-Fund GC To Lead Money Market Reform Push
• UK Lawmakers Vote For Banking Probe Amid Libor Scandal
• Minn. County Treasurer Sues Fannie, Freddie Over Unpaid Taxes
• Madoff Deposition OK'd In Banco Santander Fraud Suit
• Countrywide Gave Discount Loans To Lawmakers, Report Says
• French Banks To Cut Interbank Debit Fees In Antitrust Deal
• McGuireWoods Adds 2 Finance Partners In London
• Banks Adding Risks To Boost Profits, Report Says
• Judge Upholds Mass. City's Anti-Foreclosure Laws
• Stay Lifted On Suits Alleging Proskauer Rose Aided Stanford
• Wells Fargo Sues JPMorgan Over Stolen Boies Schiller Funds
• BBVA Compass Pays $11.5M To Quit Overdraft Fee MDL
• German Banks Curb RE Financing, Leaving A Void In The US
• Judge Awards $56.7M For Lehman Bros. Class Action Fees
• EU Floats New Consumer Financial Protection Regs
• Ex-NY Bankruptcy Chief To Be Examiner In ResCap Ch. 11
• Goldman Suit Arbitration Would Weaken Title VII, 2nd Circ. Told
• WaMu Shareholder Objects To Bankruptcy Attys' Fees
• Feds Release 'Living Will' Outlines For 9 Big Banks
• FERC Wants JPMorgan Docs In Energy Market Bidding Probe
• UK Proposes Criminal Sanctions For Failed Bank Heads
• 2nd Circ. Affirms Goldman's $21M Loss in Bayou Arbitration
• SEC Can't Make SIPC Repay Stanford Victims, Judge Says
• Barclays' Ex-CEO Defends Bank in Libor-Rigging Scandal
• CFTC Sets Date For Vote On Long-Awaited Swap Definition
• Jones Day Bolsters London Office With 2 New Partners
• Groups Pan CFTC's 'Broad Brush' Defense Of Mutual Fund Rule
• Stanford Victims Say SEC Office Let $7B Ponzi Scheme Happen
• Challenging The CFPB In Court: Inside The Complaint
• A Closer Look At ING's $619M Settlement
• Citi, Others Say Libor Rigging MDL Claims Lack Proof
• Calif. Poised To Be 1st State To Write Mortgage Deal Into Law
• KPMG Says Buy.com Founder's $75M Suit Barred By Tax Case
• Private-Public Venture Funds $1B Saudi Airport Project
• UK, EU To Widen Probe Into Alleged Rate Rigging By Banks
• NJ Gov. Christie Vetoes Foreclosure Relief Measure
• US Bank Puts Up $55M To Exit Overdraft Fee MDL
• Regions Bank Escapes Suit Over $34M RE Loan Default
• CFTC's Global Swaps Rules Rankle Industry Insiders
• Wells Fargo Dodges $80M Suit Over Securities Redemption
• Global Bank Regulators Call For Stress Tests Of Daily Liquidity
• EverBank To Spend $2.5B For GE Capital Real Estate Loan Biz
• Fannie, Freddie Hit With Unpaid-Taxes Suit In W.Va.
• Dewey & LeBoeuf And The 'Unfinished Business' Doctrine
• Credit Suisse To Face $642M MBS Suit As Class Action