Banking Archive » November, 2017

Banking - November, 2017

351 articles

• Justices May Hear Challenge To SEC Judges, But Not Go Far
• Trump Set To Tap Fifth Third Bank Exec As Next FDIC Chief
• DC Circ. May Skip CFPB Fight After Cordray's Exit
• Nutter McClennen Nabs Former Comptroller Of The Currency
• Dodd-Frank Architects Stress Lawmaker Intent In CFPB Battle
• SEC Announces $16M In Whistleblower Awards, Wins Hit $1B
• SEC Ratifies ALJs To Conform With Appointments Clause
• Mueller Strikes Deal Allowing Manafort Off House Arrest
• Zarrab Tells Jury Turkish Banker Didn't Ask For Bribe Money
• JPML Judges Say Atlanta Best Site For Equifax MDL
• Citibank Loses $1.6M Tax Refund Feud At Ill. High Court
• OECD Issues Specific Reporting Guidance For Multinationals
• Objectors Say $75M JPMorgan Deal Must At Least Double
• Coinbase Must Give Info To IRS For Transactions Over $20K
• SEC Official Says More ICO Enforcement Actions Expected
• Calif. AG Says For-Profit Online College Misled Students
• Real Estate Rumors: Square Mile, American Realty, Goldman
• Global Regulators Weigh New Guidance On Bank Resolution
• The Billing Evolution: How Far Along Is Your Firm?
• Regulators, Whistleblowers And The Paradise Papers
• 10 Tips For Effective Practice Before The 5th Circ.
• Lloyds Settles With Whistleblowers In HBOS Fraud Scandal
• Wells Fargo Can't Arbitrate $1B Phony Accounts Suit Yet
• Check Processing Patent Valid Under Alice, Judge Finds
• SEC Gives Up The Ghost On Lynn Tilton Enforcement Case
• SEC Tells High Court ALJs Are Officers, Not Employees
• Retailers Seek Class Cert. For Visa, MasterCard Antitrust Row
• Focus Turns To Mulvaney's Impact At The CFPB
• 2nd Circ. Won't Undo Revival Of $64M RICO Suit
• Senator Quizzes SEC Nominees On Activism, Pay, Buybacks
• Prominent Madoff Victim Atty Had Client Conflicts, Trust Says
• Creditors Permitted To Retain Banker In GST Ch. 11 Case
• DLA Piper Urges 2nd Circ. To Affirm Malpractice Dismissal
• Zarrab Tells Jury Bribes Erased Concerns About His Fame
• Preparing Your Company Witnesses For The Gotcha Question
• SEC Defends Fraud Claims Against Ex-Nomura Trader​
• Judging A Book: Saris Reviews 'Locking Up Our Own'
• BBVA Sells Real Estate Group Stake To Cerberus For €4B
• Creditors Beware: New, Simplified Ch. 13 Comes At A Price
• Justices Push Back Against Wider Whistleblower Definition
• Justices Grapple With 'Gibberish' In State Securities Case
• SEC Chair Says He Is Bracing For MiFID II Impact
• Retirement Plans Seek Nod For $25M Merrill Overcharge Deal
• NM, Native Group Urge Nix Of CFPB's Tribal Lenders Suit
• Warren Wants Details On Mulvaney's Dual CFPB, OMB Roles
• Fed Says Bank Will Pay $2.8M To Deceived Home Borrowers
• PE-Backed Consumer Lender Curo Launches $100M IPO
• It's OK, Whistleblowers Will Always Have SOX
• Gibraltar Exec Settles Suit With Bank Days Before Trial
• Mulvaney Stays CFPB Chief As Judge Denies Injunction
• Banker Tells Jury Zarrab Copped To Resume 'Cushy Lifestyle'
• Small Banks, Lobby Group Sue Equifax Over Data Breach
• Fed Chair Nom Says No Plans For Broad Bank Deregulation
• Skadden Guides BlackRock Deal For $31B Citi Unit In Mexico
• Scotiabank Offers $2.2B For BBVA's Chilean Business
• Why Contempt For The CFPB Is A Big Business Mistake
• DOL Officially Delays Obama-Era Fiduciary Rule
• Top EU Court To Review ECB's Quantitative Easing Program
• Justices To Weigh Curbing State Securities Class Actions
• Defense Seeks Delay After Jury Picked For Iran Sanctions Trial
• PBGC's Claim To Failed Bank Co.'s $30M Refund Survives
• CFPB's Temporary Leadership Hinges On Judge's Analysis
• 'No Assurances' For CFPB Deputy, But No Plans To Fire Yet
• Mulvaney Puts CFPB Regs On Hold Amid Leadership Brawl
• Citigroup 401(k) Plan Participants Get Cert. In ERISA Suit
• UBS Whistleblower Claim Paused Ahead Of High Court Ruling
• 3 Life Sciences Cos., 1 Bank Launch IPOs Totaling $481M
• Pa. Jury Convicts Payday Lending Bigwig, Atty Of Fraud
• Whistleblower Case Could Widen Into A Chevron Challenge
• Forex Broker Denied 2nd Chance At Tossing Chancery Suit
• Proposals For Reform Under A New CFPB
• Whistleblower Protections Are At Risk At The High Court
• Justices Won't Hear Underwriters' OT Exemption Suit
• Financial Institutions Must Invest In FATCA Compliance
• CFPB Deputy Director Sues Trump Over Mulvaney Appointment
• Trump, Cordray Throw CFPB Leadership Into Disarray
• Forex Wrangle Triggers Late Rewrite Of EU Derivative Laws
• UK Litigation Roundup: Here's What You Missed In London
• Watchdog Guides On Protecting Investors When Funds Terminate
• Regulator Reveals Bank Compliance Officers' Top Challenges
• Consumers Say Hedge Fund Financed Illegal Tribal Lending
• Latham Steers Indian Life Insurance Co.'s $1.3B IPO
• CFTC Sees Steep Drop In Enforcement Actions In 2017
• Hunton Moves To Toss $34M Stanford Deal Objections
• Finance Group Slams Proposed $12B CFPB Student Loan Deal
• Deals Rumor Mill: Bank of Sharjah, Penta Investments, Actis
• Amicus Arguments For And Against Inter Partes Review
• Real Estate Rumors: P3 Investments, Diamond Sinacori, Swire
• SEC Whistleblower Program Ain't Broke — So Don't 'Fix' It
• Financial Crisis, 10 Years On
• Ex-Swiss Banker Acquitted Of Helping US Tax Evaders
• SEC Sues Long Island Town, Ex-Official For Securities Fraud
• Wells Fargo's Bid To Retry Case Must Be Denied, Feds Say
• Citibank To Pay $6.5M Over CFPB Student Loan Probe
• Puerto Rico Board Says Bond Insurer Can't Fight Fiscal Plan
• 2nd Circ. Revives Terror Victims' Bid To Get $1.7B From Iran
• 'Willfulness' In Civil FBAR Cases Comes Down To The Facts
• Judge Suggests Anonymous Jury In Iran Sanctions Trial
• FINRA Fines JPMorgan $1.25M For Faulty Background Checks
• Debt Collector Gets Initial OK For $600K TCPA Settlement
• PayPal Drops Trademark Suit Over New Pandora Logo
• CFPB, CashCall Spar Over Possible $287M In Restitution
• FDIC Chair Says Raising Oversight Thresholds Risks Fund
• SDNY Case Raises Provocative Questions On US Jurisdiction
• Mueller Says Trump Associate's Defense Atty Has Conflict
• Enforcing Judgment Against A Debtor's Spouse
• Initial Coin Offerings May Face A Global Crackdown
• Potential For A New Course At The CFPB
• JPMorgan Ranked World's Most Systemically Important Bank
• Tribal Lenders Take CFPB Investigation Fight To High Court
• Memorabilia Faker Kept Fraud Going After Plea, Gov't Says
• Real Estate Rumors: Mizuho Americas, MMG Equity, PNC Bank
• RMBS Trustees Open Court Fight For $11.4B Lehman Claim
• Embattled Exelco Should Have Ch. 11 Nixed, US Trustee Says
• Barclays Seeks 2nd Circ. Review Of Dark Pool Class Cert.
• 4th Circ. Affirms SunTrust Bankers' Fraud Convictions
• CFPB Fines Outsourcing Firm $1.1M For Credit Report Errors
• 3 UK Forex Traders Seek Dismissal Of Rate-Rigging Charges
• Treasury Looks To Ease Firms' Escape From Tougher Scrutiny
• Law Firm Shakes Foreclosure Fee Suit In Pa. Appeals Court
• Don't Waste This Planning Cycle: Year-End Strategies
• Creditors' Options In Venezuela's Disorderly Default
• Iran Sanctions Trial Against Turkish Gold Trader Delayed
• Feds Get Court Costs In BB&T's Tax Fight Over $1.5B Loan
• CRA Review Of Bank Regulatory Guidance Is A Bad Idea
• 10 Years After Crisis, What We Still Need To Do
• 3 Banks Mount New Effort To Slip 15-Year-Old Enron Suit
• Yellen To Retire From Fed Once Successor Is Confirmed
• Paris Wins Race To House EU Banking Watchdog After Brexit
• 15 Minutes With Credit Karma's General Counsel
• Securitization Rules Partially Eased As EU Council Gives OK
• Noreika's Brief OCC Term Began Bank Rule Transformation
• CFTC Gets $4.5M Default Judgment In Investor Fraud Case
• Bank Balks At GST Committee's Bid To Hire Configure
• Ky. County Officials Must Make Loan Fraud Restitution
• Ex-Bank Exec Gets 6.5 Years For Loan Fraud, ID Theft
• Loan Sharks Ran Wild At Calif. Casino, FinCEN Claims
• Del. Court Nails Down $12B Student Loan Trust Control
• House Committee Presses Equifax For More Breach Details
• Belize Bank Wants Court Order Enforcing $35M Judgment
• DA's Deal With Law Firms Is Illegal, Skeptical 9th Circ. Told
• Treasury Advises FSOC Take 'New Approach' To Nonbanks
• VC-Backed Stitch Fix Ekes Gain After $120M IPO Prices Low
• UK Litigation Roundup: Here's What You Missed In London
• Disbarred Atty, 2 Others Get Prison For Auto Loan Scheme
• From Snaps To Tweets: The Craft Of Social Media Discovery
• Real Estate Rumors: Lloyds, Ross Stores, Hines
• The Conspiracy And FBAR Charges Against Manafort, Gates
• What A Solar Eclipse Has To Do With Market Efficiency
• Big Banks Face Wider Treasury Auction-Fixing Suit
• You've Been Warned, SEC Head Says Of Cryptocoin Offerings
• Deutsche Bank Takes Hunt For Billionaire Vik To Delaware
• $120M Barclays Deal Attys Reduce Fee Request By $8M
• NJ Atty, Investor Charged In $30M Mortgage Fraud Scheme
• Zarrab Out Of Federal Lockup But Still In US Custody
• Chinese Fintech Jianpu Raises $180M After IPO Prices Low
• Kasowitz Bows Out Of $28M Ampal Adversary Case
• Payday Lender Convicted Of Running $220M 'Offshore' Racket
• Contractor In $77M Forfeiture Wants Sanctions For Ex-Attys
• Senate Confirms Otting As Comptroller Of The Currency
• Manafort Attorney's Testimony And The Limits Of Privilege
• An Interview With Former DHS Secretary Jeh Johnson
• Hurdles To Consider When Securing A Personnel File
• A Powerful Tool For Collecting Judgments
• SEC's Clayton Tightens Leash On Further Audit Trail Delays
• BofA, Debt Collector Hit With TCPA Suit Over Robocalls
• Puerto Rico Creditors Denied Bid For Separate Debt Probe
• Barclays Beats Employee's Sex, Race Bias Suit
• Jurisdiction Question Punted In Exelco Bankruptcy Fracas
• CFPB Latest To Sue Supporter Of Tribal Payday Lender
• HSBC Notches Quick Wins On Ponzi Scheme Victims' Claims
• Cordray's Departure Brings Back CFPB Leadership Questions
• Real Estate Rumors: Dwight Capital, Capital One, Levi's
• Dubai Bank Fights 9/11 Victims' Bid For Account Records
• Fannie, Freddie Ask 7th Circ. To Rethink Chicago Tax Ruling
• Cordray Leaves Mixed Legacy As He Departs CFPB
• Senate Moves Comptroller Nominee Closer To Confirmation
• Judging A Book: Gilstrap Reviews 'Alexander Hamilton'
• Negotiating Interest Rate Provisions As Libor Demise Looms
• CFPB Director Cordray To Resign After Turbulent Tenure
• Nomura, RBS Say 2nd Circ. Decision Deprived Right To Jury
• Manafort's Challenge To 'No-Knock' Raid Faces Long Odds
• SEC Enforcement Activity Plunged With Dawn Of Trump Era
• Chilean Asks 2nd Circ. To Rethink Revival Of $64M RICO Suit
• UBS Can't Exit Price-Fixing Suit, Gold Sellers Say
• Real Estate Rumors: Trepp, Invesco, Magic Johnson
• Fidelity Whistleblower Loses Suit Years After High Court Win
• Wells Fargo Adds $5.4M To Military Car Repo Settlement
• FDIC Chair Warns Bank Rules' Rollback Poses Fiscal Risks
• The Case For Creating A Mediation Department At Your Firm
• Prepare For Big Changes To FARA Enforcement
• Investment Firm Says Records Sought By IRS Irrelevant
• CFPB Seeks Information On Free Credit Report Access
• Calif. Law Should Lead The Way For Consumer Protection
• A New, Relaxed Standard For Class Cert. In Securities Cases
• HSBC To Pay €300M To End French Tax Probe Into Swiss Arm
• GST Autoleather Cleared For Ch. 11 Bidding, Borrowing
• Fed. Circ. Seals MasterCard Transaction Patent Win At PTAB
• Swaps Overhaul Should Boost Market Vibrancy: CFTC Chair
• 3 Cos. Price IPOs Raising $410M Led By Chinese Lender
• NY Hits Credit Suisse With $135M Fine Over Forex Business
• SEC Claims Philly Lender Raised $4.5M In Illegal Offering
• Fidelity Whistleblower Asks Jury For $4.9M For Retaliation
• FDIC Can Press WaMu Mortgage Fraud Coverage Suit: Judge
• JPMorgan, FCA Whistleblower Get Testy Welcome At DC Circ.
• Intermediate Transfers May Be Safe From 546(e) Safe Harbor
• Sens. Strike Deal To Raise Threshold For Tougher Bank Rules
• Supreme Court Won't Hear Belize's $18.5M Arbitration Appeal
• Dodd-Frank And Deregulation: Some Lessons From History
• Being There: Defending Depositions
• CFPB Financial Data Principles: Whose Data Is It Anyway?
• Pressure On HSBC Grows Over S. Africa Corruption Scandal
• Barclays Faces Landmark Interest Swaps Misselling Claim
• EU Securities Watchdog Warns Investors On ICO Legal Risks
• Ex-SEC Chair Warns Of Adviser Exam Shortfall 'Disaster'
• Ex-Barclays Trader 2nd To Get Libor Conviction Reviewed
• EU Court Rebukes Watchdog Over €15M ICAP Libor Rig Fine
• UK Litigation Roundup: Here's What You Missed In London
• Capita Must Repay £66M Over Collapsed Connaught Fund
• Eddie Bauer Can't Shake Credit Union's Data Breach Suit
• Madoff Victims Get $773M In Largest Payout For DOJ Program
• CFPB Urges Justices To Reject Tribal Lenders' Petition
• SEC Likely To Revisit Cybersecurity Guidance, Official Says
• Appleby Data Breach Highlights Law Firms' Unique Risks
• Watchdog Sues DOJ For Russian Lawyer's Immigration Docs
• ECB Vice President Casts Cold Water On Cryptocurrencies
• 9 Firms To Steer IPOs Exceeding $1.7B Amid Preholiday Rush
• Witness In Banker's Insider-Trading Trial Gets Probation
• Merrill Lynch Wants $107M In Investor Suits In Court
• Exxon, Shell Want Nigerian Oil Co. Docs In $1.8B Award Row
• 2nd Circ. Won't Revisit Use Of Forced Testimony
• New Cuba Sanctions Signal Increased Commercial Challenges
• Turkish Banker Gets Go-Ahead For Depos, But No Trial Delay
• Insurer Sued Over Refusal To Cover $20M Fraud By Bank
• The Legal Fallout For Harvey Weinstein's Hired Hands
• UK's Top Court Gives 'Clear' Sign It Backs Award Enforcement
• CFPB Accuses Debt Settlement Co. Of Deceptive Practices
• SEC Chair Wants Mom And Pop Investors To Have More Say
• 11th Circ. Urged To Sanction Seminoles In Subpoena Row
• Metropolitan Bank Leads 4 IPOs Totaling $372M
• Judge's Slap At JPMorgan Jury Doesn't Sit Well With Experts
• DOJ Criminal Unit's Acting Asst. AG Takes FinCEN Gig
• McDermott Nabs Fintech Trio, Including Blockchain Pro
• Jury Persuasion In An 'Alt-Fact' World
• Ex-Fed Agent Gets 2 Years For New Bitcoin Theft Charge
• Ex-UBS Trader Hayes Wins Reprieve On FCA Ban Amid Appeal
• DOJ Wants More Enforcement Coordination, Deputy AG Says
• Trump Tightens Cuba Travel, Trade Restrictions
• Manafort, Gates Hit With Gag Order In Mueller Case
• Acting OCC Head To Reveal Volcker Rewrite Ideas In Spring
• Florida Time Share Co., Others Launch IPOs Totaling $336M
• Puerto Rico Bondholders Fight For Separate Debt Probe
• Millennium Lab Trustee Seeks $35M Ch. 11 Bank Clawback
• Senate Wants Sanctions For Banks Dealing With N. Korea
• Broker Convicted Of Leading Miami Mortgage Fraud Scheme
• Barclays To Pay $105M In FERC Power Price Manipulation Deal
• TransUnion Loses Bid To Undo $60M FCRA Verdict
• FDIC Fights Banks' Bid To Slip Colonial RMBS Claims
• Digital Bank Monzo Rakes In £71M From Funding Round
• Oklahoma Warns Of CFPB Overreach In Tribe Loan Suit
• Real Estate Rumors: Continental, BofA, Estate Investments
• CFPB Names Donoghue New Enforcement Director
• Fed Rules Chief Is Ready For 'Fresh Look' At Regs
• Treasury Rules-Rewrite Chief Says Tweaks Are Coming
• EU Promises Rapid Response After Paradise Papers Leaks
• Landmark Dishonesty Ruling Tips Scales Toward Prosecutors
• Judge Rips 'Prejudiced' Jury After Verdict Against JPMorgan
• Applying The Investors' Playbook To Legal Career Planning
• Compass Bank Can't Use Spokeo To Ditch TCPA Row
• JPMorgan To Pay $16.7M In Worker Overtime Settlement
• Homeowner Claims Pared In Suit Against Green Financing Co.
• Justices To Hear From SG On Securities, Whistleblower Cases
• Israeli Firm Avoids Sanctions In Ampal $28M Judgment Row
• 2nd Circ. Affirms Class Cert. In Barclays Dark Pool Case
• UK Litigation Roundup: Here's What You Missed In London
• US Bank Fights Denial In Discovery Row With Royal Park
• US Gov't To Defend Puerto Rico Restructuring Law In Court
• Turkish Banker Wants Trial Delayed In Iran Sanctions Case
• Chinese Investors Who Lost $3M In Bar Works Fault JPMorgan
• Russian Atty Who Met With Trump Jr. Denied Speedy Visa
• M&T Seeks Quick Exit From Force-Placed Coverage Suit
• FirstRand Makes $1.45B Arrangement Offer For Aldermore
• Ex-JPMorgan Banker Makes Case For Damages As Trial Wraps
• The Law Firms Spinning The White House Turnstile
• What Trump's War On Regulations Means For Lawyers
• Who's Repping Whom? Law360's Guide To The Mueller Probe
• Has Trump Been Good For BigLaw?
• Manafort Stays Under House Arrest As Judge Mulls Bond Deal
• Banks Fight OTC Class Cert. In Libor-Rigging MDL
• JPMorgan Inks $75M Settlement Over Fund Performance
• Populist Pitchforks Come Out: Insider Trading And Equifax
• Justices Mull Where To Draw Line On Clawback Safe Harbors
• US Financial Markets Research Chief To Leave Agency
• Fiduciary Rule Can't Block Thrivent Arbitrations, Judge Says
• NY Fed Chief Dudley Announces Plans To Step Down
• Putting Our Nation's Economy At Risk Again
• How IT And Procurement Pros Can Inform Law Firm Budgeting
• EU's 'Dirty Money' Fight Under Fire After Tax Papers Leak
• Third Time's Not A Charm For Barclays, US In $31B RMBS Suit
• Tax Bill's Pass-Through Protections Unlikely To Avert Gaming
• FHLB Boston Rekindles $5.7B MBS Row Against Moody's
• Red Ventures To Sell Caring.com To Clear $1.4B Bankrate Buy
• ServiceMesh Buyer Takes Aim At Arrested Ex-CEO's Fees
• TD Bank Wants End To Suit Over $4.1B Scottrade Buy
• Navient Seeks To Toss Student Loan Borrower's Class Action
• NY Men Plead Guilty To $3.5M Home Equity Loan Scheme
• Feds Seek To Deny Entry To Russian Atty Who Met Trump Jr.
• 10 Firms To Steer IPOs Raising Near $2B As China Leads Way
• Deals Rumor Mill: Broadcom, CVS, Belfius
• Up Next At High Court: Clawbacks And Congressional Power
• Equifax Says No Insider Trading Before Data Breach Revealed
• DLA Piper Adds Latin America-Focused Finance Atty
• Manafort Partner Seeks Release From House Arrest
• What 2nd Circ. Did And Didn't Tell Us About RICO's Reach
• NY Regulator's Untenable Authority Over Confidential Info
• Getting Real About Artificial Intelligence At Law Firms
• Defense Attys In Mueller Cases Run The White Collar Gamut
• Mueller Privilege Win May Signal More Atty-Client Attacks
• Visa, Walmart End Fight Over $7.25B Card-Swipe Settlement
• Morgan Stanley To Pay $350K Over CFTC Reporting Glitches
• Deals Rumor Mill: T-Mobile, Novartis, TMF Group
• NY Judge Lifts Seizure Order On Azerbaijani Bank's $11.3M
• 11th Circ. Backs FTC Win In Law Firm Mortgage Relief Scam
• Payment Processing Co. Inks $9M Deal To End TCPA Suit
• Seyfarth Shaw Says RICO Suit Can't Prove Tax Shelter Plot
• Countering Statutes Of Limitations With Equitable Estoppel
• UK Lawmakers Turn Screw On Equifax Over Breach Hotline
• Manafort Lawyer Warned After Holding News Conference
• Petrobras, Underwriters Take Class Cert. Row To High Court
• In Trump Era, The Fed's Powell Could Be 'Voice Of Moderation'
• Biz Groups Drop Challenge To Dead CFPB Arbitration Rule
• Arbitration Rule Repeal Will Adversely Affect Consumers
• Trump Taps Powell To Lead Federal Reserve
• Proportionality, Not Perfection, Is What Matters
• Texas Bank Fined $2M In FinCEN Money Laundering Probe
• 11th Circ. Won't Revive Ex-Broker's Suit Against FINRA
• Prevezon, Feds To Square Off In Settlement Payment Dispute
• CFPB Finds Uptick In Riskier, Costlier Long-Term Auto Loans
• JPMorgan Client Says Atty Should Be Charged With Contempt
• BofA Cuts $66.6M Deal To End Suit Over Overdraft Fees
• Feds Want Less Time For Key Witness In Insider Trading Case
• Austria Dodges €200M Claim Over Meinl Bank 'Witch Hunt'
• Trump Officially Kills CFPB Arbitration Rule
• Mixed Enforcement Signals For FHA Mortgage Lenders
• 9/11 Victims Seek Terrorism-Linked Records From Dubai Bank
• Real Estate Rumors: Blackstone, BofA, Triple Star Realty
• Attys Seek $35M In JPMorgan, Deutsche Libor-Rigging Row
• Skadden Guides Permira's $1.75B Duff & Phelps Buy
• 2nd Circ. Significantly Weakens Cramdown Threat
• Senate Panel Unanimously Approves Trump SEC Noms
• Make Way For The 'Unicorns'