Banking Archive » November, 2019

Banking - November, 2019

261 articles

• Ex-Barclays Exec Denies 'Play Acting' In Call Over Qatar Fees
• UK Litigation Roundup: Here's What You Missed In London
• EU Banks Win Legal Fight Against Funding Contributions
• HSBC, Santander To Refund Customers After Antitrust Action
• Hitachi Hit With Suit Over BB&T's 'Catastrophic' ATM Outage
• 7th Circ. Slashes 'Excessive' $3M Mishandled Loan Verdict
• Borrowers Seek To OK $2.7M Deal To End Robocall Suit
• Ukrainian Oligarch-Tied Cos. Want Quinn Off Chancery Suit
• Justices Urged Not To Weigh In On Payday Loan Ruling
• How Sustainable Lending Is Financing A Greener Future
• NJ Debtor Can't Duck Arbitration Clause For Lack Of Clarity
• Mitigating The Impact Of A Data Investigation
• 2nd Circ. Fraud Decision Offers Lessons For FX Dealers
• Supreme Court's Newest Cases Add Fuel To Explosive Term
• Barclays Exec Enthuses At Trial Over Qatari Side Deal
• Landry's Can't Collect $20M In Hack Coverage, 5th Circ. Told
• BofA Looks To Slip La. AG's Bond Price-Rigging Suit
• Fla. Judge Recommends Keeping $28.7M Award Row Alive
• Fintech Lender Loses First Of 2 Bids To Kill Stock-Drop Suits
• Partnership's Forex Trades Were Tax Sham, DC Circ. Affirms
• Bitcoin 'Inventor' Battles Order To Give Up Half His Bitcoin
• BNY Mellon Didn't Owe Foundation Low Rates, Court Says
• Bank Attacks Ford's 'Hair-Trigger' Sanctions Request
• Goldman Sachs Owes CFTC $1M For Faulty Phone Recordings
• Puerto Rico Board Urges Justices To Reject Bond Appeal
• Trends And Opportunities In Distressed M&A Investing
• Barclays Exec Was 'Taken Aback' By Qatari Fee Hike
• UK Fines Citigroup £44M For Reporting Failures
• CFTC Targets Fraud, Manipulation In $1.3B FY19 Enforcement
• Ameris Bank Scores Arbitration Win Over Ex-Exec's Ouster
• CFPB Dropping Ball On Student Loan Servicer Oversight: Suit
• Apple Strikes Deal With Treasury Over Sanctions Lapse
• Ex-CEO Gets Over 4 Years For Cooking Hedge Fund's Books
• High Court Roundup: Justices Won't Hear IBM, Iglesias Cases
• Book Review: Who's To Blame For The Broken Legal System?
• Katten Settles $69M Malpractice Row Over Lending Scam
• Considerations For Structuring Sustainability-Linked Loans
• Qatar PM Wanted To Be Barclays' 'Special Gulf Guy,' Jury Told
• 15 Minutes With Citizens Financial Group's General Counsel
• Davis Polk, Wachtell Steer $26B Schwab-TD Ameritrade Deal
• Bank Regulators' Madden Fixes May Not Be Quick Ones
• CFPB Strikes $8.5M Deal Over Inaccurate Background Checks
• IV Says Capital One Can't Redo Fed. Circ. Antitrust Decision
• 2 European Banks Reach $2.7M Deal In Forex Rigging Suit
• Tribe Asks To Stop Wells Fargo Bid For Casino Loan Payment
• Chinese Debt Collector Cancels $81M US IPO
• Feds Look To Toss Standard Chartered Whistleblower Suit
• SunTrust Says Track Owner Owes $46M For Solar Generators
• UK Litigation Roundup: Here's What You Missed In London
• Boustani Atty Downplays Bribery To Close $2B Fraud Case
• Bitcoin 'Inventor' Faces $658K Atty Fee Bid Over Sanctions
• Wells Fargo Borrowers Renew Class Bid In Foreclosure Suit
• CFPB Eyes Changes To Consent Order Termination Process
• Real Estate Rumors: Michael Shvo, Pepsi, MG3
• Proskauer Pushes To Halt Stanford Ponzi Suit In Antigua
• JPMorgan Wraps Up Ex-Worker's COBRA Suit
• Union Fund Gets Green Light To Expand Ocwen ERISA Suit
• Chinese Crypto Miner Raises $90M In Low-Pricing IPO
• No Speedy Victory For Either Side In Pa. Payday Lending Suit
• MVP: Jones Day's Howard F. Sidman
• Deals Rumor Mill: Hudson's Bay, Charles Schwab, DoorDash
• Mortgage Fraudster Sees Sentence Reduced By 2 Years
• Carveouts From New OECD Tax Sought For Banking, Mining
• Investors Urge 5th Circ. To Revive Ponzi Claims Against SEI
• Ex-BigLaw Atty Guilty In Crypto Money Laundering Trial
• FCA Applies To Fed Banks In Wells Fargo Suit, 2nd Circ. Says
• Investigator Strips After Being Accused Of Wearing Wire
• SEC Initiative Spurs Record Enforcement Against Public Cos.
• Dueling Fintech Regulatory Initiatives May Work Best Together
• Digital Currency Not In The Works For Now, Fed Chair Says
• Robbins Geller, Funds Push To Keep Lead In ATM Investor Suit
• Freddie, Fannie Bond Buyers Seek Cert. In Price-Rigging Suit
• Ex-Locke Lord Atty Got $50M From 'CryptoQueen,' Jury Told
• Ex-JPMorgan Trader Found Guilty Of Forex Price-Fixing
• MVP: Sullivan & Cromwell's Elizabeth T. Davy
• Warren Bill Presents Powerful Headwinds For Private Equity
• Top Takeaways From The SEC's Banner Enforcement Year
• House Committee Advances Sweeping Pot Legalization Bill
• Swedbank Denies US Sanctions Violations As Probes Mount
• Boustani Denies Bribes, Says He 'Tangoed' With Mozambicans
• Class Action Watchdog Objects To Equifax Data Breach Deal
• ABN Amro Bank Part Of German Raids In Dividend Tax Scam
• Biz Groups Back US Bank In Supreme Court Pension Fight
• FDIC Unveils Draft Rule In Push To Quell Madden Concerns
• Grayscale Files To Register Bitcoin Trust Shares With SEC
• Profane Chats Proof Of Forex Rigging Conspiracy, Jury Hears
• 2nd Circ. Revives Ex-Bank Employee's Race, Gender Bias Suit
• MVP: Weil Gotshal's Allison Liff
• How To Hire Lateral Partners More Effectively
• Small Business Fintech Co. Raises $102.5M In Funding
• KPMG Owes College Nothing For Missing $4.1M Fraud
• Use Of Sampling In Royal Park RMBS Suit Ruled Too Pricey
• House OKs SEC Disgorgement Power Up To 14 Years
• Boustani Testifies Of African 'Gold Rush,' Denies $2B Fraud
• Prof Who Wrote Book On Drug Trade Broke Bad, Feds Say
• Barclays Pelted Cellphones With Robocalls, Consumers Say
• Earnin Flouts Lending Laws With 'Linguistic Trick,' Suit Says
• Ex-Hedge Fund Trader Gets 40 Months For Mismarking Fraud
• MVP: Paul Weiss' Brad S. Karp
• Jeweler's Ch. 11 Plan OK'd With Limited Bank Fraud Claims
• Bowles Rice, Nelson Mullins Steer $1.1B Bank Deal
• Fed. Circ. Upholds Walgreen's Win In Credit Card Patent Case
• TD Ameritrade Beats Investors' Tax Loss Harvesting Suit
• BofA Fires Back At US Bank's $1.6B RMBS Trust Suit
• Citi Says Ex-Trader Can't Show It Steered DOJ Probe
• High Court's Pass On 1 SEC Case Offers Insight Into Another
• OCC Proposes Rule To Settle 'Valid When Made' Questions
• Longfin Investors Can't Revive Network 1 Claims
• Prosecution Rests In Barclays Execs' Qatar-Fees Fraud Trial
• Firm Rips CFPB's 'End-Run' Around Constitutional Challenge
• Investors Knew Of Mozambique Graft, Boustani Jury Hears
• Target Sues Chubb For Coverage Of Data Breach Claims
• Rapid Stablecoin Adoption Could Pose Deep Risks, Fed Says
• Neil Bush Met 'Cryptoqueen,' Got $300K, Ducks Subpoena
• Ex-Keppel Atty Gets Probation In Petrobras Bribe Case
• Exception To Attys' Fee Rule Misapplied, Fla. Court Says
• Undo $59M CFPB Award Pending High Court Cases, Attys Say
• 4th Person Charged In JPMorgan Spoofing Case
• Outside Attys Want Full Award In $10M Morgan Stanley Suit
• Bank Group's Bankruptcy Estate Gets Refund, Justices Told
• Avianca Majority Investor Says United Is Mounting A Takeover
• SEC Whistleblower Office Nets $2B Sanctions After Slower '19
• 11 Firms To Guide 6 IPOs Led By Florida REIT, Crypto Miner
• Record Spoofing Settlement Provides Guidance For Traders
• Info Sharing Isn't Rate-Rigging, Big Banks Tell Cities
• MVP: Shearman & Sterling's Adam Hakki
• UK Litigation Roundup: Here's What You Missed In London
• Goldman Sachs To Exit Bond Price-Fixing Suit With $20M Deal
• Lloyds Shareholders Lose £385M Suit Over HBOS Takeover
• Mozambique Maritime Deals Were Legit, Boustani Jury Hears
• Atlanta Atty, Ex-Investment Cos. GC Cops To $40M Fraud
• NYDFS Pitches Plan To Streamline Supervisory Info Sharing
• Abraham Fruchter Contests Lead Pick In Diebold Investor Suit
• KPMG's Cut Corners Cost School $7.4M, Jury Told In Closings
• FedNow Could Arrive Sooner Than You Think, Fed Chair Says
• Ill. Judge Trims Housing Maintenance Discrimination Suit
• Wells Fargo GC Who Served As Interim CEO To Depart
• Sater Can't Ax Money Laundering Suit, Kazakh City Says
• JPMorgan To Pay $3.8M To End Call Center Wage Suit
• Retrieval-Masters To Share Data Breach Info With State AGs
• Former Exec At China-Owned Broker-Dealer Cops To ADR Bid Rigging
• 4 Months After Kisor V. Wilkie, Auer Deference Survives
• Simpson Thacher-Led Crypto Miner Launches $100M IPO
• AutoZone Workers Say Prudential Funds Cost 401(k) $60M
• Ex-Deutsche Trader To Pay $500K To End DOJ's RMBS Suit
• McKinsey Says Ex-Partner Took Secrets To Rival Accenture
• Post-Scandal Libor Rigging Suit Can Proceed, Investors Say
• Feds Rest In Case Of Alleged $2B Mozambican Loan Fraud
• CFPB's Constitutionality Pivot Won't Kill Ocwen Servicing Suit
• Feds Charge 6 In Alleged $27M NJ Money Laundering Ring
• Seyfarth Can Escape Tax Shelter RICO Suit, 7th Circ. Says
• Seterus Should Face Most Claims In FDCPA Suit, Judge Says
• 5th Circ. Won't Rehear $298M Verdict Against Mortgage Cos.
• Bill Would Bridge Digital Realty Whistleblower Protection Gap
• Can State Laws One-Up SEC's Regulation Best Interest?
• US Bank Tells Justices Retirees Have 'No Stake' In ERISA Row
• Texas Could Take Page From Mass.'s Judicial Selection Book
• Square, Apple Pay Alum Is New GC At Pet Care Financing Co.
• US Reveals Money Laundering Cases Against 2 Guatemalans
• NY Judge Makes Criminal Referral After Axing Woori Bank Suit
• Former AIG Exec Says He Was Fired For Helping DOJ Audit
• Class Seeks Partial Win In JPMorgan 401(k) ERISA Suit
• Real Estate Rumors: Perella Weinberg, Rialto, Garrison
• What Headlines Missed About 'Cartel' Traders' Trial 1 Year Ago
• CFPB Tells Court Small-Biz Loan Data Rule 'Outline' Is Coming
• Freshfields Nabs 4 Partners In Quest For Top US M&A Practice
• Judging A Book: McKeown Reviews 'Conversations With RBG'
• HSBC Hong Kong Seeks Exit From 'Retread' Of Ponzi Suit
• Ex-Merrill Lynch Worker Nabs Deal Before OT Suit Caves In
• FCC To Probe Whether Follow-Up Texts Violate TCPA
• Law360 MVP Awards Go To Top Attorneys From 76 Firms
• WeWork, Execs Hit With Derivative Suit After SoftBank Rescue
• Move On FedNow Before It's Too Late, FTC Commish Says
• Ex-PwC Partner Tells Jury KPMG Met Auditing Standards
• DOJ Indicts 15 Employees For Links To $140M Binary Scheme
• High Court Ruling Against SEC A Boon For Defendants
• Pile Of Docs Ties Ex-BigLaw Atty To OneCoin's 'Cryptoqueen'
• Real Estate Rumors: Abingdon Square, Madison, Goldman
• Racetrack Not Liable In $1B DC Solar Ponzi Suit, Says Owner
• A Better Specific Jurisdiction Test For Cross-Border Discovery
• SunTrust, BB&T To Sell 30 Branches In DOJ Deal
• 2nd Circ. Rejects Deutsche Bank Whistleblowers' Award Bid
• Wells Fargo To Pay $14.5M In CFTC Swap Standards Action
• UK Litigation Roundup: Here's What You Missed In London
• FCA To Adopt US 'No Action' MiFID Stance After Brexit
• Fed, OCC, FDIC Urged To Watch Out For 'Rent-A-Banks'
• Wells Fargo Fights $97M Loss In Rest Break Suit At 9th Circ.
• Investment Firm Seeks OK Of $3M Award Against Mining Co.
• This Phase Of Scrutiny Was Expected, Libra Co-Creator Says
• 9th Circ. Won't Rehear Schwab ERISA Arbitration Case
• CFPB Suits Can Survive Unconstitutionality Ruling, DOJ Says
• High-Speed Trader's $67M Spoofing Payment Largest To Date
• BofA Workers Seek Cert. For Over 33K In Missed Break Suit
• What Challenges To OCC Charter Mean For Fintech Cos.
• Title Co. Investor Can't Sue Over Failed Merger, Court Told
• Wells Fargo Calls Tribal Casino Bonus A Loan Dodge
• PNC's $7.5M Overdraft MDL Settlement Put Before A Judge
• FINRA Exams Show Greater Cybersecurity, Comms Focus
• Biotech Firms, Crypto Bank Raise $156M In Low-Pricing IPOs
• Mozambique's $2B Bond Fraud Suit To Face Jurisdiction Fight
• Mortgage Servicer Lobs Antitrust Claims At Software Provider
• Wells Fargo Hit With $200M Jury Verdict In USAA Patent Case
• 'Sunshine,' Risks Seen In CFPB Small Biz Lending Data Effort
• KPMG Audit Wasn't Up To Snuff, Accounting Expert Tells Jury
• Fed. Circ. Skeptical Of Bid To Bar Federal Reserve From PTAB
• With Amendment Looming, TelexFree MDL Nabs 3 Settlements
• Goldman Directors' Inaction Key To 1MDB Scandal, Fund Says
• JPMorgan Spoofing Case Keeps Civil Suit On Ice
• Hong Kong Will Let Crypto Exchanges Apply For Licenses
• After Cryptoqueen Fled, Bro Faced Death Threats, Jury Hears
• SEC's Self-Report Effort Pushes Enforcement Higher In '19
• Where A Litigator's Advice Can Improve Agreement Drafting
• 4 Issues With Converting Warehouses To Cannabis Farms
• High Court's Disgorgement Ruling Could Curb SEC Authority
• CoreLogic Taps MoneyGram GC As New Chief Legal Officer
• Merrill Lynch, Raymond James To Pay Back $12M In Fees
• Hausfeld Ponders Rival Forex Rigging Class Action In UK
• Del. Court Calls For Student Loan Trust Fight Coordination
• CFPB Gets $59M Judgment In Mortgage Relief Services Suit
• Chipotle Customers Want $1.2M Atty Fees In Data Breach Suit
• Turkish Bank's Bid To Dodge Arraignment Vexes Judge
• SEC Drops 4-Year-Old Claims Against Ex-Nomura Trader
• Boustani In On Loan Scam, 2nd Ex-Credit Suisse Banker Says
• NJ Broker Accused Of Reaping $28M From 'In-And-Out' Trades
• SEC Disgorgement Could Survive A High Court Defeat
• Bank Of America To Settle Countrywide Appraisal Suit
• Ex-Locke Lord Atty Tells Jury Crypto Job Was His Big Chance
• Expedited Deposition OK'd In $10B 'Bitcoin Inventor' Case
• 3rd Circ. Won't Rethink Convictions In Payday Lending Suit
• Citigroup Fraud Suit Belongs In US Court, 11th Circ. Told
• LendingClub Gets Investors' Hidden-Fee Suit Tossed
• Class Action Comes To UK With Major Forex Rigging Suit
• Blame Game Won't Save Texas Condo Developer From Prison
• Trust Beneficiaries Seek Class Cert. In Northern Trust Suit
• Longfin Investors Push To Update Network 1 Allegations
• Raydon Must Face ERISA Suit Over Plan's $60.5M Share Buy
• NY Judge's Atty 'Implicated' In Obstruction Case, Feds Say
• College's Loans Eclipsed By $4.1M Fraud, KPMG Jury Told
• Dreamers Ask To Proceed As Class In Wells Fargo Bias Suit
• Dual Charges Are A Catch-22 For Ex-Mossack Fonseca Atty
• Goldman Sachs Boosts Parental Leave To 20 Weeks
• Interactive Brokers Files Counterclaim In Liquidation Suit
• Lone Star Laterals: Hunton, McGuireWoods, Dykema
• TransUnion Can't Report Void Loans, 7th Circ. Hears
• High Court Won't Hear Challenge To SEC's International Reach
• Flat-Fee Legal Billing Can Liberate Attorneys
• Madden No Help To Capital One Cardholders' Suit, Court Told
• Judge Alsup Says Wells Fargo Mortgage Case A 'Mess'
• CFPB's Structure Isn't Constitutional, 11 States Tell High Court
• 16 Firms To Steer 9 IPOs Led By Canadian Co.'s $1.9B Offering
• Bank Must Return $9.8M In Trust Tax Funds, Court Told
• Student Loan Fraudster Testifies In Trial Over KPMG's Audits
• Nasdaq Wants PTAB Redo After Constitutionality Ruling
• Ex-Lehman Workers Lose $260M Pay Challenge In 2nd Circ.
• 2 Tech-Focused Blank Check Cos. Raise $495M In Upsize IPOs
• 2nd Circ. Upholds $300M Atty Fees In Forex-Rigging Case
• Spoliation Rule Remains Ambiguous Despite Amendments
• Chat Trick Stymied Compliance, Ex-Forex Trader Tells Jury
• Borrowers Get Cert. In CashCall Usury Suit Over Tribal Ties
• Chancery OKs Paring Ex-Heartland CEO's Legal Fees
• Supreme Court To Review SEC's Right To Seek Disgorgement