Banking Archive » January, 2019

Banking - January, 2019

331 articles

• Goldman Unfairly Reaped $230M In SuperValu Deal: Food Co.
• BofA Workers Urge High Court To Resolve $3B Deal Dispute
• Ex-CFPB Official's Navient Depo Fight Sent To Special Master
• Acting FHFA Head Spares Details On Plans In Reply To Dems
• Equifax Ruling Shows How Cyber Boasts Can Bring Legal Pain
• Amazon Startup Isn't Competing With Optum, Exec Says
• Feds Urge Guilty Verdict For Ex-Pharma CEO In $100M Fraud
• Puerto Rico Pension Bondholders Have Valid Liens: 1st Circ.
• It Takes 2 To Make Barclays-Qatar Deal A Sham, Judge Says
• What Lawyers Can Do To Prevent And Combat Burnout
• Trade Secret Theft Charges May Doom Huawei's Future In US
• Investors Refile $102M Ponzi Suit Against BofA, Citizens Bank
• OFAC Escalates Venezuela Sanctions
• 10 Lessons From US Indictments Of State-Sponsored Hackers
• EU Accuses 8 Banks Of Running Sovereign Bond Cartel
• ProShares Sued Over Fund Destroyed By The 'Volpocalypse'
• Optum Says Exec Took Secrets To Mysterious Amazon Startup
• 3 Firms Help Keep 2018 Securities Filings Near Record
• Developer Guilty Of Bank Fraud Can't DQ 'Hostile' Judge
• Deals Rumor Mill: Hyundai, Isracard, Intel
• Real Estate Rumors: Toys R Us Store, Junius, Willis
• NCUA Raises Concerns With Wells Fargo's $43M MBS Deal
• Alleged FinCEN Leaker Waives Indictment, Avows Innocence
• Congress Targets SEC Insider Trading Rules
• Barclays Exec Worried Qatari Fees Looked Like Bribe
• SEC Is Ready To Execute Its 2019 Examination Priorities
• Ex-Director Of SEC's Texas Office Headed To Jones Day
• Navient Corp. Must Face Trimmed Investor Suit
• NY's Vullo Mum On What's Next As She Heads For Exit At DFS
• NY Fines Standard Chartered $40M After Forex-Rigging Probe
• BofA, TD Bank, PwC Escape TelexFree Recovery Suit
• Swipe Fee Deal Approved After Fixes For 2nd Circ. Concerns
• Real Estate Rumors: Baptist Health, Turnbridge, Anaplan
• Deals Rumor Mill: VW, Taptica, Jet
• PwC Says BofA To Blame In $400M Suit Over Bank Failure
• Barclays To Shell Out $27M To Settle Investors' Dark Pool Suit
• Trends In DOJ Nonprosecution, Deferred Prosecution Deals
• 3 Firms Steer Deal To Create UAE Banking Behemoth
• VC Funding For Fintech Hit Record $39.6B In 2018
• Banks Can Be Anonymous In Credit Suisse's £239M Tax Suit
• Securities Cases That Will Matter Most In 2019
• Barclays' US Atty Told To Draft Deal Used To Hide Secret Fees
• 3 Reasons Cryptocurrency May Raise Antitrust Issues
• Investors Blast Foreign Banks' Bid To Exit Forex Rigging Suit
• Equifax Can't Lose Investors, Consumers' Data Breach Claims
• Don't Let Deutsche Bank Ditch RMBS Suits, Investors Say
• Schiff Hardin Adds Investigations, Cryptocurrency Atty In NY
• SEC Grapples With Monthlong Backlog, Prioritizes Actions
• CORRECTED: Cboe Says New Suit, VIX Fix MDL Belong In Same Court
• Mother And Son Settle Stericycle SEC Insider Trading Fines
• Chipotle Slams New Claims In Data Breach Case
• Fed. Circ. Affirms Toss Of IP, RICO Suit Involving Del. Judge
• Banking Group Of The Year: Weil
• US Sanctions Venezuela's State Oil Firm Amid Power Struggle
• Huawei Charged With Trade Secret Theft, Banking Cover-Up
• Treasury Lifts Sanctions Against 3 Russian Cos.
• US Bank Gets Green Light To Arbitrate ATM Fee Dispute
• 1st Circ. Refuses To Revive ERISA Suit Against Hospital
• Lenders, Law Firms Brace For Foreclosure High Court Ruling
• Initial Coin Offerings And SEC Enforcement After Blockvest
• Barclays Boss 'Panicked' Over Pay In Event Of UK Bailout
• 5 Executive Compensation Trends To Watch In 2019
• Collateralized Loan Obligations: Subprime Déjà Vu?
• CFPB Fines Online Lender $3.2M Over Unauthorized Debiting
• Native Groups Say Lender Ruling Cramps Tribal Businesses
• Attys In $30M Wells Fargo Post-Loan Interest Deal Get $7.5M
• Fraud Suit Blocks Books Bid On $100M Deal, Chancery Rules
• Dems Press FHFA Acting Chief On Agency's Agenda
• Deals Rumor Mill: MoneyGram, CTG, Etihad
• BNY Asks New York Court To Clear Up RMBS Interest Dispute
• Overstock's TZero Platform Opens For Security Token Trading
• Taxation With Representation: Covington, Simpson, Troutman
• NYC Used-Car Dealer Fined $3M For Ripping Off Consumers
• Finxact Lands $30M To Boost Cloud-Based Core Banking Biz
• Mueller Team: No Plan Underway To Nix Manafort Plea Deal
• Mayer Brown Adds Ex-Baker McKenzie Derivatives Partner
• 2 Firms Steer Mastercard's $307M Earthport Offer
• Banking Group Of The Year: Simpson Thacher
• A Look At The Expansion Of Nonrecourse Carveouts
• What Madison Capital Ruling Means For Investment Advisers
• Ex-Barclays Bosses Feared Being 'Rumbled' For Secret Fees
• High Court Lusnak Rejection Brings Uncertainty For Lenders
• MPs Launch Inquiry Into Post-Brexit Options For City
• After 3 Tries, Investors Can't Tie Fintech Co. To Stock Drop
• House Panel's Top Republican Seeks Deutsche AML Docs
• Tweaked $900M Card Swipe Fee Deal Gets Initial Nod
• Ex-Loyal Bank CEO Gets Time Served For Offshore Tax Dodge
• Principal Global Must Face 401(k) Savers' ERISA Suit
• Attorneys Face DQ For Using Privileged Info In Pleadings
• BNY Mellon Double-Crossed Pa. Charity On Fees, Suit Says
• Compliance Officers Face FINRA's Crypto Questions In 2019
• State Law Fraud Class Action Precluded By SLUSA: 7th Circ.
• DOJ Says Ex-Deutsche Traders' Spoofing Is Wire Fraud
• Law Schools Should Be More Like Medical Centers
• Banking Group Of The Year: McGuireWoods
• 5 Tips For Tech Companies To Avoid SEC Scrutiny
• Barclays Attys Were Misled On Hidden Qatari Fees, Jury Told
• How To Comply With Qualified Financial Contract Rules
• Which Views Will Win In Debate Over National Privacy Regs?
• Investor In Crypto Ponzi Wins Bid To See Opponent's Notes
• Advance Broker To Pay $1 In CFPB Military Pension Deal
• UBS Takes Aim At Rest Of Sterling Libor Suit In Redo Bid
• MasterCard Fine May Spark New Round Of Private Claims
• No Need For Examiner In Republic Metals' Ch. 11, Judge Finds
• Nix Banco Popular Investors' Bid For Docs, 2nd Circ. Hears
• 5 Key Changes In Final IRS Pass-Through Deduction Rules
• BakerHostetler Adds Capital One Data Privacy Atty In DC
• Singapore Crypto Exchange Could Float In Reverse Merger
• NY Firm Says Conn. Broker's Malpractice Suit Filed Too Late
• Deutsche Bank Facing Global Scrutiny Over Danske Scandal
• Banking Group Of The Year: Cravath
• Gilstrap 'Offended' By Gamesmanship Of Irell, Winston Attys
• US And Australia Tackle Fintech Regulation Together
• BNY Mellon Can't Pause Trust Beneficiaries' Fee Suit
• Difficult Questions On Class Action Removal At High Court
• Ex-Barclays Execs Accused Of Duping Shareholders At Trial
• Man Accused Of $2B Fraud In Africa Says He's No Flight Risk
• UBS Countersues Bloomberg In Data Misuse Row
• FINRA Targets Online Distribution, Compliance As 2019 Focus
• Waters Seeks Info On Banks' Shutdown Assistance Efforts
• Deutsche Whistleblower Claimants Seek To Make SEC Pay
• Citi Issues €1B Inaugural Green Bond To Fund Enviro Goals
• Justices Urged To OK $10M Fine For Financier's Tax Evasion
• Another Former Wilmington Trust Officer Gets Prison Time
• Advent Int'l Buys 51% Of $1.42B Argentinian Payment Co.
• Courts Are Getting It Right On Litigation Funding Discovery
• Banking Group Of The Year: Davis Polk
• Hong Kong Fintech Co. Picks LSE Tech For Crypto Platform
• Cadwalader Nabs Fintech Pro From Latham
• Declaratory Judgments Do Not Always Protect NY Debtors
• International Law In 2018: Key Developments
• Attys Awarded $15.5M In Fees After Stanford Ponzi Deal
• Zhao's Spoofing Plea Deal Telegraphs More To Come In 2019
• Danske Bank Faces Suit In €200B Money Laundering Scandal
• EU Antitrust Enforcer Fines Mastercard €570M On Swipe Fees
• GAO Calls Fannie, Freddie Reform Proposals Shortsighted
• Madoff Investors Can't Evade Clawback By Withdrawing Claim
• Nationstar Asks Fla. High Court To Revisit Attys' Fees Case
• Arent Fox Nabs Ex-CFPB Enforcement Pro In San Francisco
• Oro Negro Ch. 15 Parties Agree To Mediate Rig Fight
• UK Litigation Roundup: Here's What You Missed In London
• Bipartisan House Bill Seeks Stricter SEC Insider Trading Rules
• BofA Tells High Court 401(k) Row Was Decided Correctly
• Forex Suit $300M Fee Objector Slams Class' Appeal Bond Bid
• Banking Group Of The Year: Covington & Burling
• Final IRS Pass-Through Deduction Rules Snub Team Owners
• Sen. Warren Seeks Info On Mnuchin's Calls To Bank CEOs
• Trader Slams Prosecution's 'Nonsense' Claim In Euribor Trial
• Navient Seeks Quick Win On CFPB's 'Steering' Claims
• Court Fight Over Puerto Rico Sales Tax Deal Wraps Up
• Deal With Rajaratnam, Ex-Galleon Execs Signals End To Ch. 7
• Boost Oversight On Military Lending, CFPB Asks Congress
• Shutdown's Delay On IPOs Will Ripple For Months
• Wex Inks $425M Deal For Administrator Discovery Benefits
• Appeal In $80M Brazil Oil Co. Suit Was Premature: 11th Circ.
• Diversity's Next Step: Developing Minority Partners
• Bertram Partners Lands $72M Loan For 3 Calif. Properties
• Bank OZK Wants $46M Bad-Loan Suit Moved To Arkansas
• Deals Rumor Mill: Campbell Soup, Nasdaq, Riyad Bank
• Takeaways From NJ Bulletin On Out-Of-Network Health Care
• A 2019 Field Guide To Calif. Class Actions
• Expect More SEC Cybersecurity Enforcement This Year
• Trader Pushed Cash To 'Add Weight' To Euribor Fix, Jury Told
• Puerto Rico Creditors Press For Sales Tax Plan Approval
• OCC Chief Hopes To Work With Rep. Waters On CRA, Fintech
• Ex-Morgan Stanley Employee Accuses Co. Of Pregnancy Bias
• Republic Metals Lenders Fight Ch. 11 Examiner Appointment
• Real Estate Rumors: SME, JP Morgan Asset Management, IDS
• Banks Accused Of Rigging Libor After Post-Scandal Overhaul
• FHFA Won't Defend Leadership Structure Before Full 5th Circ.
• Move To Block Russia Sanction Deal Dies In Senate
• FCA Suit Alleging Retaliation Against Ex-Underwriter Tossed
• Capital Leases Are Dead, Long Live Finance Leases
• BNY, Investors Reach $72.5M Deal In ADR Overcharge Suit
• Sterling Jewelers Fined $11M Over 'Deceptive' Credit Offerings
• Ex-Barclays Traders 'Tainted' Euribor Rates, Court Told
• Arbitrators And Mediators Should Reflect Society's Diversity
• 4 Firms Guide Fiserv's $22B First Data Buy
• Markets Expect Brexit Will Be Delayed, BoE's Carney Says
• UK's May Survives No-Confidence Vote After Brexit Defeat
• Justices Mull Class Action Removal In Home Depot Appeal
• PTAB Hears First Case Under New Relaxed Patent Guidelines
• Senate Moves To Challenge Russian Oligarch Sanctions Deal
• Why AFAs Are Key To The Future Of Legal Practice
• Puerto Rico Fed Board Looks To Invalidate $6B In Bond Debt
• Deals Rumor Mill: Nexi Group, Arconic, Katerra
• AmEx Anti-Steering Claims Cut Down By High Court Ruling
• Former Marketing CFO Gets 8 Years For Embezzling $3.8M
• Ex-Barclays Bankers On Trial Again In Euribor Rigging Plot
• Ex-Bankrate Exec's 5-Year Sentence For $25M Fraud Halved
• FINRA's Suitability Rule Vs. SEC's 'Best Interest' Reg
• FCA Defends Probe Of Credit Suisse Over $2B African Fraud
• Ex-ConvergEx Exec's Deal Aids 3 Cooperators At Sentencing
• Royal Park, Wells Fargo End RMBS Trustee Suit
• Covington Snags OCC Deputy Comptroller And Chief Counsel
• NYSE Fines Wedbush, Founder $1M For Unsupervised Trades
• UBS Takes Aim At Feds' Fraud Suit Over Crisis-Era RMBS
• Shutdown Prompts Pause To Wells Fargo's $75M Bond Case
• Parties In CBM Review Spar Over New Eligibility Guidance
• Even Defense Attys Miss SEC During Record Gov't Shutdown
• 2 Biotech Firms, Chinese Lender File IPOs Totaling $192M
• Cboe Investors Denied Names In VIX Manipulation MDL
• Former SEC Senior Enforcement Atty Joins King & Spalding
• High Court Passes On CFPB Constitutionality Case
• Nationstar Inks $6.5M Deal Over Secretly Taping Customers
• Fed. Circ. Says TTAB Ignored Brands' Peaceful Coexistence
• Judging A Book: Barron Reviews 'The Clamor Of Lawyers'
• The Privacy Questions Raised By Blockchain
• Handling Corporate Congressional Probes In The Trump Era
• Law360 Names Practice Groups Of The Year
• The Firms That Dominated In 2018
• Bank Examiners Getting The Word On Guidance, Officials Say
• UK Litigation Roundup: Here's What You Missed In London
• Uncertain Deals Climate Persists After JPMorgan Conference
• Washington Bank's $9.6M Tax Refund Suit Tossed
• Feds Lose Bid To Move BofA's $163M Refund Row
• Troutman Sanders Aids Bank Of China, ICBC On $61M Loan
• Prison Guard Who Brought Zarrab Contraband Gets 3 Years
• The Case For Lawyer-Directed Litigation Funding In NY: Part 2
• Cybersecurity's Developing Role In FCPA Compliance
• 4 Tips For Protecting Privilege When Working With Auditors
• Banking Giants Hit With UK Suit Over Forex Rigging
• Shutdown's Messy Impact On Consumer Protection Activities
• Danske Bank Braces For Formal AML Probe In France
• Entwistle & Cappucci Malpractice Suit Moved To Federal Level
• 7th Circ. Kills Extension In Financing Firms' Contract War
• What All Attorneys Need To Know About The Shutdown
• Law Firm Can't Get Cut Of Rothstein Litigation Fees
• $65M Lending Co. Sale Tainted By Conflict, Chancery Told
• Stanford Bank Investor Can't Keep $79M In Ponzi Transfers
• Trends Suggest Cartel Enforcers Face Headwinds In 2019
• Investors' Attys In Cobalt Bribery Case Seek $43.5M In Fees
• Last 3 Banks In $120M Enron Debt Investor Suit Settle
• Nine West Wins Approval For Revised $22M DIP Plan
• Forex Investors Want $300M Fee Objector To Post Bond
• Mobile Banking Co. Scores $300M Round Ahead Of US Push
• HSBC Offers $30M, 'Chat' Evidence To Settle Bond-Fix Suit
• The Case For Lawyer-Directed Litigation Funding In NY: Part 1
• How Congress Could Change The Game For Digital Tokens
• What To Make Of DOJ's 2018 False Claims Act Report
• 4 AML Insights Broker-Dealers Should Carry Into 2019
• Ex-Mining CEO Sues Russian Bank For $1.7B, Alleging Fraud
• Ex-Pharma CEO's $100M Bank Fraud Trial Opens
• Danske Bank Estonia Scandal Erased $2.5B, Investors Say
• CFPB Defends Constitutionality In 9th Circ. Oral Args
• Developer Guilty Of Bank Fraud Wants 'Hostile' Judge DQ'd
• US Sanctions Venezuelan TV Mogul Over Alleged $2.4B Scam
• Payday Lender Nixes Noncompetes To Settle Ill. AG's Suit
• House Dems Seek To Delay Rollback Of Russia Sanctions
• Fannie Mae Not A Reporting Agency Under FCRA: 9th Circ.
• Prolonged Shutdown Threatens To Stall IPO Market
• Mortgage Lender's Arbitration Agreement Stands In Wage Row
• Labaton's Fee Deal With Atty Was A One-Off, Ex-Judge Says
• Real Estate Rumors: PNC Bank, Sotheby's, CitizenM Hotels
• 3 Claims Over BofA Fee Practices Flagged By Magistrate
• Skadden Steers PE-Backed Auto Lender's $100M IPO
• 7 Questions To Add To Your Lateral Partner Questionnaire
• 4th Circ. Won't Revive $350M FCA Suit Against Pa. Lender
• TCF Bank Had Top Consumer Complaint Rate In 2018: Report
• Cboe Shouldn't Be Let Out Of VIX Manipulation MDL
• Convicted Judge Should Face Sanctions, Ill. Regulator Says
• Condo Developer, Lenders Resolve NYC Loan Fight
• Fintech Charter Ruling Is Important But 'Must Wait': OCC
• Impressive Results From DOJ Fraud Section In 2018
• Mortgage Fraud Mastermind Gets 13 Years In Prison
• Fed Board, Immune To Shutdown, Scolds Texas Bank On AML
• Winklevoss Bros. Bitcoin Fraud Suit Survives Dismissal Bid
• NY's High Court Further Clarifies RMBS Legal Landscape
• A Chat With Reed Smith Chief Marketing Officer Sadie Baron
• Venezuela Targets US Sanctions With New WTO Case
• Central Banks Wary Of Virtual Currency, BIS Study Warns
• Justices Eye Debt Collection Law's Reach In Foreclosure Case
• Convicted Wilmington Trust Execs Seek Bail During Appeal
• GrayRobinson Adds Two Attorneys To Southwest Fla. Offices
• Attys Get $2.3M Fee For $6.9M Citigroup ERISA Class Deal
• Madoff Aide's Initial Bid To Finish Sentence At Home Denied
• 9 Financial Firms Plan To Start New Exchange To Rival Giants
• Investors Slam Sidley Austin's 'Strategic' Ponzi Case Claims
• English Translation Key In 1st Circ. Puerto Rico Bond Dispute
• 'Flexible Work' Makes Freelancing More Viable In BigLaw
• The Top Blockchain Patents Of 2018
• A Call To Permit Judicial Substitution In MDL Proceedings
• 2nd Circ. Upholds Gupta Insider Trading Conviction
• Judge Weinstein On Activism, Gobbledegook, Going Robeless
• UK Litigation Roundup: Here's What You Missed In London
• Feds Urge Court To Trim Ex-Bankrate Exec's 5-Year Sentence
• RE Exec's Bid To Pull Plea In $22.9M Scam Falls Short: Feds
• Education Co. Agrees To $500M Debt Relief Over Fraud Claims
• Foreclosure Challenger Can Collect Atty Fees, Fla. Court Says
• Cryptocurrency Nano Hit With 2nd Suit Over $170M Loss
• Deloitte Says Judge Erred In Denying Access To Investor Docs
• Attys Head To JPMorgan Conference In Shaky Deals Climate
• Nine West Creditors Fight $22M DIP Loan Plan
• New Issues Raised By Internet Of Things Payments
• NY Court Seeks UK's Aid In Bloomberg's Misused Data Suit
• Will New Congress Pass A National Data Protection Law?
• Countrywide Can't Slip Fraud Claim In Ambac's RMBS Case
• Current SEC Shutdown May Set New Record
• Ex-Credit Suisse Bankers Aided $2B Fraud In Africa: Feds
• Wells Fargo Can't Dodge Advisers' OT Class Arbitration
• USAA Bank Settles With CFPB In $15.5M Deal
• Russian Auto Co.'s $58M Suit Against Banker Revived
• Parker Drilling Authorized To Tap $50M Ch. 11 DIP Loan
• Wells Fargo Tells 8th Circ. IBM Benefits Suit 'Wrongly Decided'
• 2 Cos. Fight Mellon Over Legal Fees In Puerto Rico Bond Row
• Deals Rumor Mill: Mr.DIY, Petrobras, UBS
• Boies Schiller Partner Hit With Misconduct Claims In $3M Suit
• What To Expect From Technology-Assisted Review In 2019
• 2nd Circ. Sides With Citi In Forex Traders' Markup Suit
• Overstock To Pay Certain Ohio Business Taxes In Bitcoin
• Deals Rumor Mill: Riyad Bank, FrontFour Capital, Apollo
• 3rd Circ. Kills Class But Won't Touch FLSA Cert. In RBS Suit
• Wells Fargo Settles Calif.'s Insurance Sales Claims For $10M
• Fed. Claims Court Upholds Full Offshore Reporting Penalties
• Credit Card Co. Investors Strike $11M Cash Deal Over IPO
• FINRA Awards $4.2M For Morgan Stanley's Lack Of Oversight
• 2019 Will Bring More Good News For Litigation Finance
• Tilton Loses Latest Bid To Beat German Bank's Fraud Suit
• How The CLOUD Act Can Reach Stored Data Across Borders
• Banks Should Not Be Compelled To Produce Privileged Info
• WilmerHale Lands Former NY AG Chief Of Staff
• Why More Law Firms Will Embrace Remote Work In 2019
• Financial Services Litigation To Watch In 2019
• White Collar Cases To Watch In 2019
• Consumer Protection Cases To Watch In 2019
• Insurance Cases To Watch In 2019
• Privacy & Cybersecurity Cases To Watch In 2019
• Banking Regulation To Watch In 2019
• Swaps-Trading Rules Top Agenda For CFTC In 2019
• Securities Cases Plaintiffs Attorneys Must Watch In 2019
• Securities Litigation To Watch In 2019