Banking Archive » December, 2015

Banking - December, 2015

304 articles

• How To Woo In-House Counsel In 2016
• Banking Regulation To Watch In 2016
• Banking Cases To Watch In 2016
• The Bancorp To Pay $4.3M In FDIC Debit Card Settlement
• Checks Needed For Naughty List To Improve Wall Street's Rep
• 11th Circ. Snubs Fla. Tribe's RICO Suit Against Leaders
• 3 Things To Expect From Legal Tech In The New Year
• Ocwen Subsidiaries Ask Judge To Consolidate FCA Suits
• Vikings Say Wells Fargo Signs Would 'Photo Bomb' Stadium
• 2nd Circ. Urged To Rehear Terror Finance Ruling
• DOJ Brings In $220M In Swiss Bank Tax Evasion Deals
• Pa. Justices Snub Appeal Over $37M Med. IT Co. Stock Buy
• Fed, FDIC Hit Higher One With $60M Penalty Over Loans
• Locke Lord, Reed Smith Rep Banks On $308M Mall Financing
• Real Estate Rumors: Apple Campus, Chetrit, JP Morgan
• 7th Circ. Ruling Provides Clarity For Online Payments
• Mass. Golfer Faces Insider Trial After Newman Motion Nixed
• 10 Associates On The Secret Of Success
• China To Extend Foreign Currency Exchange Trading Hours
• Russian Tycoon Takes Morgan Stanley Case To 2nd Circ.
• A Striking Defense Victory Amid SEC In-House Court Debate
• Feds Tell High Court To Nix RICO Suit Against RJR Nabisco
• Adviser's Spat Over SEC In-House Court Heads To 4th Circ.
• DC Circ. Backs Toss Of 17-Year-Old Bias Suit Against Fed
• Real Estate Fraudster Selim Zherka Gets 37 Months In Prison
• Rule-Driven Home Sale Slump Could Be Temporary
• SEC's Proposed Derivatives Rule And Potential Consequences
• Prof Says SEC May Plan Political Money Rule Despite Budget
• Ares Nabs $741M UK-Based Loan Portfolio From Barclays
• Deutsche Bank, Ex-VP Settle 'Mommy Track' Bias Case
• Morgan Stanley, SocGen Units Pay $10M In SEC 'Parking' Case
• Deutsche Bank, Wells Fargo Want BlackRock MBS Suits Nixed
• High Court Asked To Weigh Repose Statutes In $2B MBS Suit
• On Exit SEC's Aguilar Urges Secondary Market Reforms
• Mich. Funds Win Cert. In Northern Trust Negligence Action
• Deutsche Bank Rigged Forex By Delaying Trades, Suit Says
• Jones Day Helps Wells Fargo Lead $500M Hotel Project Loan
• Ex-Morgan Stanley Adviser Avoids Prison For Data Breach
• FCA In 2015: 10 Qui Tam Highlights From The Past Year
• Ex-RBS Supervisor Pleads Guilty To Securities Fraud
• GE Says Gov't Twists Precedent In $62M Tax Case
• Lehman Committee Members Say They Deserve $20M Payback
• SEC, Ex-Goldman Staffer Look To Settle Insider Trading Row
• Fed Outlines Excess Capital Buffer For Big Banks
• CFTC Chair Slams Congress For Denying Budget Bump
• UK Court Cuts Sentence For Ex-Libor Trader To 11 Years
• Serious Fraud Office Charges Trader In Euribor Scheme
• BB&T Says Justices Must End Circuit Split In $500M Tax Fight
• Banks Say 2nd Circ. Violated 'Cardinal Rule Of Usury'
• JPMorgan Settles Patent Suit Over Geolocation System
• No Answer From World Law To Debt-Scam Suit, CFPB Says
• 9th Circ. Stands Down On BofA Tellers' Seating Suit
• Visa Says Retailer Using Old Arguments In Data Breach Suit
• KPMG's UK Law Group Sees Revenue Spike
• HSBC Settles Kickbacks Suit Over Force-Placed Insurance
• Dubai Bank Says Fire Destroyed Records Sought In 9/11 Suit
• Fed Says It Will Tailor Stress Tests For Less Complex Banks
• Victims' Families Say Congress Set Up $1.75B Iran Bank Award
• New Best-Execution Guidance Provokes Significant Questions
• 10 Things You May Have Missed In Proposed Regulation AT
• The Firms That Dominated In 2015
• Law360 Names Practice Groups Of The Year
• Why All US Attorneys Should Read Justice Breyer's New Book
• Labaton Chases Whistleblower Record In JPMorgan Case
• Ecobank Can't Stay Enforcement Of Ex-CEO's $27M Award
• JPMorgan Inks $150M Deal In 'London Whale' Investor Row
• Hand Arendall Says Slander Suit Ruling Shouldn't Be Delayed
• 2nd Circ. Pauses Feds' Win In AmEx Anti-Steering Suit
• Texas Justices Take Independent Contractor Injury Suit
• Baker McKenzie Picks Up Shutts & Bowen Banking Partner
• SEC Says Private Investor Standards May Be Out Of Date
• 2nd Circ. Junks $574M False-Ratings Suit Against S&P
• AIG Owes Defense In Goldman HQ Accident Row, Insurers Say
• Al Qaeda-Linked Group Can't Escape Fees In 9/11 Suit
• Greenberg Traurig Nabs Banking, M&A Pro
• Stearns Must Pay $1.2M In Real Estate Dispute, Jury Says
• Two More Swiss Banks Fork Out $45M In DOJ Deals
• Doral Creditors Say $889M Puerto Rico Tax Deal Is Valid
• A 2nd Circ. Decision That Muddied Loss Causation
• TD Bank Exec Gets 2.5 Years For Role In $1.2B Rothstein Scheme
• JPMorgan Pays $307M To Settle SEC, CFTC Probes
• Banks In The Supreme Court In 2015
• 32 Experian Data Breach Suits Consolidated In Calif.
• DOJ Grilled Over 'Extraordinary' AmEx Antitrust Case
• Congress, DOJ Input Likely In Iran Bank's High Court Appeal
• Mont. Judge Won't Toss Tribe's $13M Fraud Suit
• OCC Bank Recovery Plans Follow Europe's Lead
• Wells Fargo Customers Get Narrow Class Cert. In RICO Suit
• DOJ Takes In Another $15M From 3 Swiss Banks
• Ex-Bank CEO Pleads Not Guilty To $179M Loan Scheme
• BigLaw's Latest Bad Boy Built Colorful Career On Bitcoin
• Borrowers Clash On Proposed $39M Tribal Lending Settlement
• Habib Bank To Overhaul Anti-Laundering Measures In NY Deal
• 'Buy Here, Pay Here' Dealer Fined $6M Over Credit Reports
• House Moves Closer To Passing Broad $1.15T Funding Bill
• No Cert. For 2.5M Homeowners In Citi, Chase Inspections Row
• 6 Ex-UBS Employees Banned In Wake Of Forex Scandal
• Whose Lien Has Priority In Fla. — The Mortgagee Or HOA?
• Review Of 2015 SEC Actions Against Broker-Dealers: Part 3
• From The Book Of Jargon: Fallen Angel
• Gatekeepers No More: Del. Defines M&A Adviser Liability
• OCC To Require Banks To Put Together Recovery Plans
• CFTC's Massad Bets Crisis-Era Chops On Eased Margin Rule
• Regulators Will Push Banks To Prep For Future Rate Hikes
• Evidence Backs Rabobankers' Libor Convictions, Feds Say
• How Much Control Of Your Contracts Do You Really Have?
• House OKs Port Cybersecurity, Hezbollah Sanctions Bills
• Texas Pawn Shop Co. To Pay $10.5M In Debt Collection Deal
• BofA Slams 'Preposterous' $1.3B Mortgage Fine In 2nd Circ.
• 3 Things Younger Attys Can't Stand About Legal Vets
• Borrower Claims Fraud In $7M Tribal Lender Settlement
• Spending Bill Bars SEC Rulemaking On Political Spending
• Split CFTC Finalizes Swap Margin Rules Amid Controversy
• FSOC, MetLife Fight Watchdog's Attempt To Unseal SIFI Docs
• Banks Gain Little Ground In Omnibus Spending Bill
• Beneficial Ownership Rules Are Still Relevant
• Review Of 2015 SEC Actions Against Broker-Dealers: Part 2
• 8th Circ. May Reshape Restitution Coverage In US Bank Case
• Software Co.'s Dispute With UAE Bank Moves Toward Appeal
• Court Says AmEx Can't Cut Partners From Steering Notice
• Deutsche Bank Says $330M RMBS Suit Can't Be Brought Twice
• 8th Circ. Says Debt Collection Isn't Car Repo Under Policy
• DOJ Collects Another $130M In Swiss Bank Program
• Ex-Broker Dealer Employee Gets 3 Years For $60M Bribe Plot
• JPMorgan Units Fined $3.9M In HK For Trading Breaches
• AmEx Antitrust Appeal To Highlight Market Share Fight
• Dealer Loses 2nd Bid To Arbitrate Used Car Class Suit
• Judge Recuses Self In Daily Fantasy Row Over JPMorgan Ties
• EU Adopts Rules To Swap Financial Account Tax Information
• 7 Deadly Business Mistakes That Can Tank Your Law Practice
• $2B Forex Class Settlement Gets Preliminary OK
• Review Of 2015 SEC Actions Against Broker-Dealers: Part 1
• Wells Fargo Wins As 9th Circ. Says TILA Rule Not Retroactive
• Michael Lewis Rips Lobbying Against 'Flash Boys' Exchange
• Wells Fargo Can't Pursue Fracking Pump Claim, Insurer Says
• Judge DQ'd Over Son's Employment In $60M Loan Row
• Aluminum Users Continue Bid To Revive Antitrust Suit
• Home Depot Gets Green Light For Data Breach Outreach
• Stradley Ronon Dodges Liability In $200M Malpractice Suit
• 9/11 Families Continue Push For Dubai Islamic Bank Docs
• Fla. Jury Convicts Cay Clubs CEO In $300M Ponzi Scheme
• EC To Review Small-Biz Impact Of Capital Markets Rules
• Segall Says Sanctions Are Unwarranted In Ponzi Fee Dispute
• PHH Unit Calls $109M CFPB Mortgage Kickback Fine Illegal
• JPMorgan's Junior Mortgage Demands Illegal, Lawsuit Says
• BA-HR, Wiersholm Guide $577M Oslo Office And Retail Deal
• 2016 Should Bring Major TCPA Developments
• Iraq Hits BNP Paribas Again Over Oil-For-Food Bribes
• The CFTC's New Enforcement Focus
• Payday Lenders Want Broad Discovery In 'Choke Point' Fight
• SEC Guards Fund Industry Turf With New Derivatives Rules
• JPMorgan Says Claims Over $2B Fine Should Stay Dismissed
• Commerzbank Beats Bankrupt Utility's Payment Recovery Suit
• Ex-Citi Exec Gets Slap On Wrist For Role In Bribe Scheme
• Judge Slims Down TD Bank Overdraft Suit
• SEC To Hear Appeal Of In-House Insider Trading Dismissal
• Overseas Private Investment Corp. Plugs $200M Into LeapFrog
• 5 Trends Real Estate GCs Will Watch In 2016
• DLA Lures Finance Pros From Baker & McKenzie, Slaughter
• Hudson Yards Gets $5B Financing, Plus Wells Fargo Tenancy
• Aid Groups Say Feds Must Ease Bank Money Laundering Fears
• Litvak Decision A Boon To Securities Fraud Defendants
• Split SEC Proposes New Derivatives, Mining Disclosure Rules
• Basel Committee OKs Using Credit Ratings To Evaluate Risk
• Takeaways From UK's 1st Deferred Prosecution Agreement
• Public Charter Founders Accused Of Passenger Payment Fraud
• 11th Circ. Says Levan Must Leave BankAtlantic
• NY Man Cops To Role In $200M Credit Card Scam
• Morgan Stanley To Pay $225M To End RMBS Suits
• Ex-Merrill Lynch Trainees Want Sex Bias Suit Revived
• Banks Shouldn't Expect Enforcement Lull To Last
• Two Swiss Banks To Pay $8M Penalty In Tax Evasion Program
• Barclays Wants Energy Price-Fixing Suit Nixed
• Davis Polk Reps Visa On $16B Bond To Retake Europe Unit
• Wells Fargo Agrees To $25.7M Settlement In RICO Suit
• Target Consumer Takes $10M Breach Deal Protest To 8th Circ.
• Dexia Can't Bring $626M MBS Suit, Morgan Stanley Says
• Fed Approves Bank Of America's Revised Capital Plan
• From The Book Of Jargon: Bad Actor
• The Art Of The Mock
• JPMorgan Defends $69M Refund In Patent Licensing Row
• JPMorgan Wins Annuity Suit After Opponent's Stun Gun Threat
• Obama Treasury, Ex-Im Nominees Blocked In Senate Panel
• SEC Feels Home Court Disadvantage After 1st Circ. Rebuke
• Cohen & Gresser Denies Duty To File $210M Greenberg Suit
• SEC To Review Ex-Assisted Living CEO's $4.2M Fraud Penalty
• AARP Backs CFPB's $109M Fine For Mortgage Kickbacks
• Home Depot Accused Of Taking Over Data Breach Suit
• Deals Rumor Mill: Dow, Credit Suisse, General Electric
• Fla. High Court Struggles With 11th Circ. Accrual Question
• Goldman, Barclays Targeted In Centralized Securities Suits
• Kingate Denied Quick Appeal In $825M Madoff Clawback Suit
• Strategies For Your Evolving Law Department
• The Potential Impact Of Limiting Fed Emergency Lending
• China Postal Bank Sells Stake For $7B In Anticipation Of IPO
• JPMorgan Board Liable For Madoff Failures, 2nd Circ. Hears
• EU Cybersecurity Rules Increase Liability For Multinationals
• NCUA Tells 9th Circ. Goldman, Nomura MBS Claims Are Timely
• FDIC Tells 9th Circ. American Pipe Saves $1B RMBS Suits
• 1st Circ. Nixes SEC's Fines Against Ex-State Street Execs
• 2nd Circ.'s Litvak Reversal Has Silver Lining For Prosecutors
• Insurer Seeks To Split Off Bitcoin Service's Bad Faith Claim
• Swiss Bank AKB Pays $2M To Duck Criminal Tax Charges
• Firm Wants Judge DQ'd Over Son's Employment
• DOJ Urges Justices To Reject Appeal By Ex-UBS Execs
• S. Korea To Sell Yuan-Denominated Sovereign Bonds In China
• Morgan Stanley Whistleblower Not Protected, Judge Rules
• Fla. Lien Ruling Empowers Banks In Foreclosure Actions
• Chinacast Says Banks Missed 'Red Flags,' Allowed $35M Theft
• 2nd Circ. Says Arab Bank Immune From Terror Finance Suit
• France Hits Virtu, Euronext With Market Manipulation Fines
• House GOP Slams Prudential, MetLife SIFI Labels
• EFG Holding Co., Bank To Pay $30M In DOJ Tax Evasion Deal
• Ex-GM Franchisee Says Ally Unethically Shuttered Dealers
• Ex-Jefferies Trader Gets Conviction Overturned By 2nd Circ.
• DC Circ. FCA Ruling Is Important Setback For DOJ
• Military Contractor's $10B Barclays Suit Too Late, Judge Rules
• GCs Love These Firms More And More
• Texas Appeals Court Reverses $21.5M RBC Jury Verdict
• GCs Name Most Arrogant Law Firms
• Ex-Secret Service Agent Gets 6 Years For Silk Road Theft
• 5 Firms Make It Back Onto GCs' Most Adored List
• 3 Firms Know The Secret To Keeping Clients Happy
• Ex-NFL Player Tells Mortgage Fraud Judge He Owes Taxes
• PNC Says 3rd Circ. Ignored Class Cert. Requirements
• Mass. Debt Collection Firm To Pay $2.5M In CFPB Settlement
• Congress Tread On Court Turf In Iran Bank Case, Justices Told
• Proskauer, Chadbourne Can't Skip Stanford Suit: Investors
• FTC Robocall Deal Rejected Over 'Suspended Judgment'
• Del. Group Contests State Use Of $45M BofA Fraud Settlement
• Supreme Court Passes On Appeal Over Fraud Debt Discharge
• CFPB Says It Is Entitled To Deference In $109M PHH Penalty
• Where Common Law Litigation And Int'l Arbitration Divide
• Improving Bank Culture: It's About More Than Bad Apples
• Scottrade Wants Data Breach Suit Moved To Eastern Missouri
• SEC Admin Court Opponents Says Planned Fixes Fall Short
• High Court Asked To Revive IP Row Doomed By Long Brief
• BNY Mellon Investors Win $45M In Attys Fees In Forex Suit
• Robbins Geller's Fees Slashed To $74M In JPMorgan MBS Suit
• Banking MVP: Sullivan & Cromwell's Robert Giuffra Jr.
• US Bank Gave Money To Fraudsters, EB-5 Investors Say
• 5 Firms Guide Netherlands' $4.2B ABN Amro Offering
• Goldman Can't Duck Row Over $4B Tibco Deal, Investors Say
• Unions Tell Obama That TPP Will Lower Living Standards
• Real Estate Rumors: CalPERS, Deutsche, Status Capital
• Banks' Attys Blast Home Depot Over MasterCard Breach Deal
• FSB Sets Up Task Force For Climate-Change Risk Disclosure
• The Changing Landscape Of Student Loan Dischargeability
• 'Serial Objector' Tells 7th Circ. $122K Bond Is Excessive
• European Commission Clears 13 Banks In CDS Investigation
• EU Disclosure Revamp Stirs Hope, But Quick Action Unlikely
• Real Estate Rumors: RXR, Blackstone, Elevated Returns
• Ex-Capital One Analyst To Pay $4.6M Over Insider Trading
• RushCard Ordered To Meet CFPB's Investigation Timeline
• 5 Tips To Avoid Spoliation Sanctions
• Forex Judge Seeks Damages Details Before $2B Deal Approval
• RBC Bank Wants Claims In Overdraft MDL Dismissed
• 2 Fla. Telemarketers Agree To Stop Credit Card Robocalls
• EU Capital Market Plans Making Headway, Official Says
• 2nd Circ. Again Tosses 'London Whale' Derivative Suit
• French Tycoon Loses $1B Battle In High-Stakes Adidas Case
• Sudan Was Properly Served In USS Cole Suit, 2nd Circ. Told
• Reforms Saved Credit Card Customers $16B, CFPB Says
• Fla. Credit Reporting Firm To Pay $8M In CFPB Settlement
• FERC Makes Case For Barclays $453M Manipulation Fine
• DataTreasury Asks 5th Circ. To Nix $69M JPMorgan Refund
• Ex-Willkie Atty Denies $7.8M Scheme To Defraud Firms
• Fed Chair Says Benefits Of Regulation Outweigh Costs
• Economic Heavyweights Rally Against FCC Autodialer Rule
• Banking MVP: Simpson Thacher's David Woll
• Bringing Unity To Commercial Real Estate Receivership
• Could Proper Paperwork Have Saved NY Bank From OFAC?
• From The Book Of Jargon: YieldCo
• The Unrealized Promise Of Rule 26 Amendments
• Target's $39M Breach Deal Boosts Banks' Recovery Prospects
• Freight Wins Big In Highway Bill As Banks Hold The Bag
• EBay Seeks To Bar 'Tainted' Cozen Attys From $45M Suit
• Atty DQ'd From Suit Against Debt Collector That's An Ex-Client
• PNC To Appeal Funeral Scam Verdict To 8th Circ.
• Mortgage Co. Pays $70M To Nix Suit Over FHA-Insured Loans
• Barclays Says Forex Fine Irrelevant To $2B Antitrust Deal
• Deferred Prosecution Deals Set To Become UK Staple
• JPMorgan Battles Short-Seller Relief At Calif. High Court
• NLRB Says Citigroup's Arbitration Agreement Violates Law
• Calif. High Court Weighs Owners' Right To Fight Foreclosure
• Banking MVP: Mayer Brown's Matthew Ingber
• Target Pays $39M To Settle Card Issuers' Data Breach Claims
• Colo. Litigation Financing Ruling Could Have Broad Reach
• Judge Won't Rule US Bancorp Has To Upkeep LA Homes
• Ex-Citi Exec, 'Bugsy' Actor Gets 2 Years For Taking Bribes
• Justices Wary Of Moving 'Naked Shorts' Suit Out Of NJ Court
• Bank Of China Faces Contempt Ruling In Trademark Row
• NY Anti-Terror Rules Put Bull's Eye On Compliance Pros
• Calif. Tech. Co. Seeks Stay For Arbitration In UAE Bank Fight
• Revolving-Door Roundup: Faegre, O'Melveny, Armstrong
• 7 Banks Make Bid To Exit Forex Price-Fixing Lawsuit
• JPMorgan Must Face Suit Over $1.9B MBS Trust: NY Court
• Stock Transfer Agent Pleads Not Guilty To Wire Fraud
• 3rd Circ. TCPA Decisions Are Not Setbacks For Defendants
• CFTC Watchdog Probing Whistleblower Office Awards
• Banking MVP: Arnold & Porter's Howard Cayne
• NY To Force Execs To Sign Off On Terror Funding Prevention
• 'Lender Loss Payee' Clause: More Protection For Lenders?
• Making The Most Of Document Analytics