Banking Archive » September, 2020

Banking - September, 2020

317 articles

• UBS, Bloomberg Strike Deal To End Data Misuse Row
• 11th Circ. Vacates Cay Clubs Exec's $300M Fraud Conviction
• Delay OK'd On Some Docs In NY AG's Trump Property Probe
• Bank Groups Call For More PPP Lending, Simpler Forgiveness
• Law360's The Term: The Impact Of Amy Coney Barrett
• Allen & Overy Goes After Crypto Platform For Unpaid Fees
• US Targets Syrian Intelligence Chief In Latest Sanctions
• Man Accused Of $20M COVID-19 Loan Scam Mulls Plea Deal
• Manhattan DA Offers To Further Pause Trump Subpoena
• What We Know About How Judicial Bias Can Influence Rulings
• Morgan Stanley Will Pay $5M To Settle Short Selling Claims
• UBS Hits Back In FDIC's London Libor-Rigging Claim
• Hugh James Adds Banking, Finance Partner In London Boost
• JPMorgan, Goldman GCs Up The Ante On Diversity Promises
• Hanover Suit Belongs in Bankruptcy Court, Bank Says
• Barrett May Reinforce High Court Trends For Banking Industry
• Rating Agency To Pay SEC $2M Over Risk Assessing Policies
• Feds Accuse Exec Of 'Game Of Thrones'-Themed PPP Fraud
• In JPMorgan Deal, DOJ Puts Spotlight On Compliance Tech
• Seacoast Commerce Bank Investor Sues To Halt $156M Tie-Up
• Manhattan DA Says 2nd Circ. Stayed Trump Tax Subpoena
• Feds Say Fla. Atty Raised $100M For 1 Global Ponzi Scheme
• We Must Hold Banks Accountable To Stop Money Laundering
• Claims Trimmed Again From BofA Balance Inquiry Fees Suit
• Developer Lands $67M In Financing For Apartments In Denver
• Law Firm Social Responsibility Strategies In The New Normal
• JPMorgan To Pay Feds $920M Over Spoofing Claims
• Energy Giants Agree To Make EEOC Diversity Data Public
• NH Woman Asks Court To Rethink FBAR Penalty Trial Ruling
• IRS Placed In No-Win Situation With Trump's Tax Returns
• Citibank To Pay $4.5M To Settle CFTC Deleted Files Claims
• What To Expect On Key Civil Procedure Issues From Barrett
• Blank-Check Sponsors Get Creative In Crowded Market
• Trade Groups Seek Quick Win In CFPB Payday Rule Challenge
• Preparing For Enhanced Enforcement Under Calif. 'Mini-CFPB'
• Ocwen, PHH Fight Intervention In $12M Mortgage Fees Suit
• Capital One Escapes Cardholders' New York Usury Claims
• How Law Articles And A Viral Clip Got Barrett The Nomination
• What Happens Now That Amy Coney Barrett Is The Nominee
• Judge Amy Coney Barrett: 7th Circ. Decisions To Know
• Among Democrats, A Growing Appetite To Alter High Court
• What A 6-Vote Majority Would Mean For The Supreme Court
• Judge Barrett Worth Nearly $2M, Disclosures Show
• A History Of Supreme Court Confirmations In 3 Charts
• Trump Chooses Amy Coney Barrett For Ginsburg's Seat
• Dem Reps. Eye High Court Term Limits, Temporary Expansion
• Judge Approves $500M Ch. 11 Financing For Valaris
• Deutsche Bank Can Arbitrate Ex-ITT Students' RICO Claims
• Clearing House Fight Not For Arbitration, 11th Circ. Told
• Fed. Court Not Best For Mellon Heiress' Trust Suit, Judge Says
• Small Biz Fights Wells Fargo's Arbitration Bid In PPP Suit
• Tech-Focused SPACs Raise $500M For Acquisitions
• BNY Mellon Accused Of Aiding Ex-BigLaw Atty In $4B Fraud
• Dime Community Investor Sues To Block $489M Bank Merger
• Accountant Challenging SEC ALJs Seeks Full 5th Circ. Review
• Jury Convicts Ex-Deutsche Traders Of Wire Fraud
• Qudian Investors Fight Bid To Nix Securities Suit Over IPO
• A Likely Tipping Point For Nonlawyer Ownership Of Law Firms
• 11th Circ. Judge Calls Atty's Bank Claim 'Get-Out-Of-Jail' Card
• Practical Lessons From 2nd Circ. Lehman Bankruptcy Ruling
• Bank Lessons From OCC's Stablecoin Custody Go-Ahead
• Taxation With Representation: Weil, Latham, Skadden
• 2nd Circ. Probes Claim Trump's Tax Subpoena Is Too Broad
• Investor Says $100M Credit Suisse RMBS Suit Not Too Late
• Beware DOJ's Statutory Tool For Fighting COVID-19 Fraud
• Julius Baer To Pay $160M Over Missing East German Funds
• UK Litigation Roundup: Here's What You Missed In London
• Valaris Pitches $500M DIP Over Citibank's Objection
• Feds Ask Justices To Ignore Convicted HSBC Banker's Appeal
• CFPB Urged To Drop Credit Reporting Dispute Deadline Relief
• Chase Bank Accused Of Wrongly Charging Overdraft Fees
• SEC Rule A Bittersweet Victory For Whistleblower Advocates
• Ex-Grindr VP Says She Was Fired For Questioning PPP Loan
• Ex-SEC Enforcement Co-Chief To Rejoin Sullivan & Cromwell
• BMW To Pay $18M To End SEC's Inflated Disclosure Claims
• Financial Services Co. Head Charged In $4.4M Fraud Scheme
• Goldman Gets Industry Support For High Court Cert. Fight
• Coronavirus Litigation: The Week In Review
• Backpage Execs Want Judge DQ'd Over Spouse AG's 'Bias'
• PE Firm Denies It Unfairly Pushed $2.2B Capital Bank Deal
• Mnuchin Backs PPP Auto-Forgiveness But Says To Still Apply
• Foreign Securities Class Actions 10 Years After Morrison
• Media Reports On Trump Can't Back Subpoena, 2nd Circ. Told
• A Road Map For Drafting Persuasive Discovery Motions
• Blockchain Chamber Adds White House Alum Mick Mulvaney
• Mortgage Worker Gets $1.1M Arbitration Win After 9-Year Fight
• Ex-City Nat'l VP Says COVID-Delayed Med Help Led To Firing
• PTAB Weighs Wells Fargo's Digs At USAA Check Deposit Tech
• Jurors Divided In Ex-Deutsche Traders' Spoofing Trial
• Atty Deleted Bank's Apology For N-Word, Wells Fargo Says
• Bank Tells 7th Circ. It Gave Proper Notice In Contract Fight
• Class Seeks To Block Intervention In Ocwen, PHH $12.6M Deal
• Wage Suit Slams Mortgage Company's Pay Practices
• How Congress Can Depoliticize The Supreme Court
• Citi Rolls Out $1B In Funding To Close US Racial Wealth Gap
• Eric Trump Must Give Deposition Before Election, Judge Rules
• Competing Libor-Transition Proposals Create More Problems
• Weil, Greenberg Traurig Lead Deal To Form $16B Mortgage Co.
• MPs Call On Gov't, Regulators For Answers On FinCEN Files
• The Case For A Nonpolitical Federal Judiciary
• Split 9th Circ. Scraps Calif. Borrowers' Chase Escrow Fight
• Watchdog Props Up Reports At Heart Of 'FinCEN Files' Leak
• Chase Credit Card Servicers Escape Usury Suit in New York
• Fintech Co. Unifiedpost Raises $295M, Goes Public In Europe
• Capital One, Amazon Can't Escape Suit Over 2019 Data Breach
• Exec's Masturbation Session Cost Worker Her Job, Suit Says
• FTC Says Sanctuary Belize Attys Won't Give Funding Info
• Powell Skeptical Expanding 'Main Street' Would Help Small Biz
• Eric Trump Trying To Delay Testimony In Probe, NY AG Says
• Capital One Customer Fights To Keep Suit Over Flight Refunds
• Negotiating M&A Bank Engagements During A Downturn
• FinCEN Leaks Reveal Failure Of AML Enforcement, Regulation
• The Keys To A Better Privilege Logging Paradigm
• Ex-Deutsche Traders Say Gov't Didn't Prove Spoofing Scheme
• Justice Ginsburg: Who She Was, How She Shaped The Law
• Law360's The Term: The Life And Legacy Of Justice Ginsburg
• Budding Textualist Star Barbara Lagoa Eyed For High Court
• Fed Plots Course For Revamping Community Lending Rules
• McConnell Defends Election-Year Plan To Replace Ginsburg
• Calif. Judge Ships Wells Fargo ERISA Suit To Minnesota
• More Ex-Wells Fargo Execs Settle Over Sales Scandal
• OCC Says Banks Can Hold Reserves For Stablecoin Issuers
• Banks Win CARES Act Referral Fees Fight
• Reports Of Trump Misconduct Support Subpoena, NY DA Says
• Navient Takes New Tack To Shave Pa. AG's Student Loan Suit
• New Exchange MEMX Seeks To Challenge NYSE, Nasdaq
• New Olympics CCO Says Communication Is Key To Overhaul
• Pending Changes Pose Threat To SEC Whistleblower Program
• NY Lenders May Face Barriers In Real Estate Dispositions
• Equator Principles Update: What Energy Cos. Should Know
• White House Due Process Memo Could Reform Enforcement
• What Shifting FCPA Enforcement Means For Financial Cos.
• Birthdays, Weddings And In Between: RBG And Her Clerks
• Our 'North Star': What RBG Means To Women In Law
• Will The Senate Replace Ginsburg Before Election Day?
• 5 To Watch As GOP Races To Fill Ginsburg's Seat
• RBG's Biggest Opinions, From Civil Rights To Civil Procedure
• Visa Taps Greenberg Traurig Shareholder As CCO
• Brand Battles: Atty Picks New Fight With Conan Doyle Estate
• In Her Own Words: 4 Of Ginsburg's Strongest Bench Dissents
• 9th Circ. Says Credit Suisse Can Arbitrate Worker's $300M Suit
• With The Passing Of Ginsburg, The Left Loses An Icon
• Feds Say 2nd Circ. Ruling Bolsters Halkbank Sanctions Case
• Fed Nudges 'Main Street' Lenders With New Guidance
• Justice Ginsburg, 87, Dies Of Cancer Complications
• Law Firm Hiring Considerations In A COVID-19 Economy
• Contractor Says Wells Fargo Must Face PPP Claims
• Coronavirus Q&A: Nixon Peabody's Real Estate Leader
• UK Litigation Roundup: Here's What You Missed In London
• US Bank, Funds Avoid $25M Bond Fraud Suit With Settlement
• Justices Told FHFA's Structure Sinks Fannie, Freddie 'Sweep'
• Feds Seek Over $330M In New 1MDB Forfeiture Actions
• Sens. Say SEC Rule Would Damage Whistleblower Program
• Ex-ITT Tech Students In Texas To Get $27M In Debt Relief Deal
• Coronavirus Litigation: The Week In Review
• Cyber Fraud Prevention Co.'s Ex-CEO Charged In $123M Fraud
• Eric Trump Wants Deposition Pushed Back To After Election
• SEC Says CCO Altered Reports To Mislead Agency Staff
• Treasury Says It Lacks Data On Finance Sector's Cyber Risks
• Ex-JPMorgan Trader Gets 8 Months For Forex-Rigging
• Judge OKs $187M Libor Deals But Calls $54M Atty Fee 'High'
• House Dems Delay Vote To Deschedule Marijuana
• 11th Circ. Says No 'Mulligan' For Citi On $4M Arbitration Loss
• Lawyers Must Act To Preserve Democracy This Election
• Ex-HSBC Exec Will Lead Facebook-Backed Libra Networks
• EU Must Strengthen AML Framework, Leaked Document Says
• Ex-Colleague Says Deutsche Traders Taught Him To Spoof
• Court Quashes Forex Investors' NY Agency Doc Request
• Atty Says NY AG Can't Force Him To Testify In Trump Probe
• NYDFS Brings 1st Case Under State's Debt Collection Rules
• Big Banks Say Agents Aren't Entitled To Fees In PPP Suit
• SEC Settles Claims Over $110M 'Ponzi-Like' Scheme
• FinCEN Seeks Public Input On Changes To AML Program
• Federal Reserve Banks Can't Challenge Patents, Justices Told
• Kirkland Alum Among 2 Prosecutors Tapped For Tenn. Bench
• Ex-HSBC Banker Can't Get Redo On 2nd Circ. Fraud Appeal
• How To Effectively Defend Witnesses In Remote Depositions
• Ex-Cantor Fitzgerald Exec Can't Undo NJ Arbitration Order
• Jailed Ex-Taylor Bean Exec Gets Compassionate Release
• Iranian Hackers Said To Target US Agencies, Cos. Via VPNs
• 3rd Circ. Nixes SEPTA Ad Policy As Unconstitutional
• SEC Crypto Fine Draws Rare Dissent From Commissioner
• CFPB Sketches Out Options For Small-Biz Loan Data Rule
• Banks, Stores Lobby To Give CBM Reviews New Lease On Life
• CSBS Unveils Streamlined Joint Exam For Payments Cos.
• CFPB Deal Calls For $330M ITT Student Loan Forgiveness
• Software Firm Will Pay $72.6K To End CFTC Spoofing Claims
• Mortgage Lenders' Team Leaders Not Exempt From OT
• Investors Defend Doc Request To NY Agency In Forex Case
• NY Bills Would Pause Statutes Of Limitations Against Trump
• Feds Side With Ex-KPMG Partner Seeking Lighter Sentence
• Feds Say Traders Exploited Market Rules In Spoofing Scheme
• Whether And How To Compel Remote Arbitration
• Tuning In To Covered Business Method Review's Series Finale
• US Drops Aluminum Tariffs, Preempts Canada's Ire
• AGs In A Pandemic: James Talks NY Response
• Vedder Price Denied Quick Win In $800K Legal Bills Suit
• Magistrate Pans EB-5 Fraud Case Against PNC, Fla. Hotel
• CFTC Targets 4 For Alleged $100K Multi-Level Crypto Scam
• Fugitive, Disbarred Attorney Charged In $5M Bitcoin Fraud
• FinCEN Prepping AML Program Rule for Private Banks
• Negotiating PE Sponsor Guarantees Amid Economic Unrest
• Coronavirus Q&A: Davis Polk's Corporate Department Leader
• The Unique Challenges Of Protecting A Law Firm Brand
• British Investor Sues CBD Co., Lawyers Over $1M Loan
• Watching The Sun Set On Covered Business Method Review
• Norton Rose Fulbright Adds Corporate M&A Partner In Sydney
• 3 Ways COVID-19 Is Shaping The Student Housing Sector
• Accused Fraudster Ordered To Pay $15M For Stock-Drop Case
• OCC's 'True Lender' Plan Draws States' Ire, Industry Angst
• 2nd Circ. Axes BofA TCPA Appeal Cited By Charter In Stay Bid
• Chicago Trial Will Break Tie On Market Spoofing Theory
• Vance's Request For Trump Tax Info Too Broad, 2nd Circ. Told
• M&A Atty Returns To Saul Ewing After Forming Boutique Firm
• SoftBank Taps Ex-Milbank Atty For Top Compliance Spot
• Taxation With Representation: Latham, Ropes, DLA Piper
• Equifax, Experian Beat Bid To Revive FCRA Suit At 5th Circ.
• Big Banks Call Small Bond Conspiracy Suit 'Impossibly Broad'
• Bail Hearing Yields News That MCC To Reopen For Atty Visits
• Ex-KPMG Partner Says Jail Would Be 'Cruel' In Audit Scam
• Fifth Third Faces Derivative Suit Over Unauthorized Accounts
• Lehman Ruling Continues Bankruptcy Safe Harbor Expansion
• Employment Concerns For Financial Cos. During COVID-19
• UK Litigation Roundup: Here's What You Missed In London
• JP Morgan Compliance Pro Joins Real Estate Firm As CCO
• Treasury Sanctions 4 Linked To Russian Election Interference
• FTC Settles $43M Student Loan Scam With 5 Defendants
• Coronavirus Litigation: The Week In Review
• OCC's Potential Boon For Payment Industry Faces Headwinds
• Bank GCs Don't Have To Sit For Depos In Forex-Rigging Fight
• Halkbank Can't Pause Iran Sanctions Case Over Recusal Bid
• NFL Player Charged For Alleged Role In $24M PPP Fraud
• Bank Of The West Hires Ex-Regions Financial Atty As GC
• CFTC Plugs 'Transparency' Of Corporate Compliance Memo
• Capital One Beats Branch Manager's Wrongful Firing Suit
• 2 Real Estate Financing Concepts To Review During COVID-19
• Parsing The DOJ's Flawed Spoofing Theory
• FCRA Time Bar Ruling Instructs On Technical Claim Defense
• 8 Borrower Considerations For SOFR Loan Documentation
• Takeaways From DOJ Civil Division's Inability-To-Pay Memo
• Fed's Main Street Lending Program Falling Short, Sens. Told
• Calif. Atty Cops To Credit Fraud, Campaign Finance Schemes
• Deutsche Bank To Pay $583K To End Ukraine Sanctions Probe
• OCC Touts Charter Power As NY Notes Consumer Protection
• Early Takeaways From FINRA's Virtual Hearings
• Coronavirus Q&A: Ervin Cohen Real Estate Leader
• How Credit Card Fee Antitrust Cases Fare In UK Versus US
• Rosen Law Firm To Lead Wells Fargo Investors' PPP Suit
• What To Know When Making Dispositive Motions In Arbitration
• Taxi Mogul Cops To Bribing Fallen Credit Union's Ex-Chief
• Blockchain Co. Fights YouTube Move To Dismiss Scam Suit
• AT&T Sheds More Claims In Crypto Investor's $24M Hack Suit
• SunTrust's $46M Suit Against Track Owner Gets Green Light
• CORRECTED: Lehman Investors Get $21M Added To $49M Distribution Round
• Calif. Could Soon Create 'Mini-CFPB': 5 Things To Know
• Top Exchanges Back Cboe In 7th Circ. VIX Manipulation Fight
• JPMorgan Probing Staff, Customers Over COVID-19 Stimulus
• NY Agency Rips 15M-Page 'Fishing Expedition' In Forex Case
• Taiwanese Magnate Wants 5th Circ. To Toss $79M Judgment
• Senate GOP Unveils 'Targeted' COVID-19 Relief Package
• NY Judge Stays Wells Fargo Suit, Pending Calif. Settlement
• Virus Relief Bill Could Harm Lending, Collections Landscape
• Ex-Worker Calls Goldman Sachs' ERISA Appeal Bid 'Improper'
• Ill. Panel Tosses Investors' Appeal Over $7M Scheme
• On Deck Investor Sues In Chancery Over $90M Enova Merger
• 4 Ways Amicus Briefs Can Support An Overall Legal Strategy
• Fed Paper's Inadvertent Antitrust Policy Questions For Biden
• Credit Suisse Denies Owing Mozambican Lender In Fraud Row
• FDIC Launching Pilot Program To Fight 'Regulatory Capture'
• Atty Blasts SEC's Fraud Claims As 'Fiction,' Seeks Sanctions
• Buchanan Ingersoll Taps Litigator To Chair 4 Fla. Offices
• Deciding Whether Co-Mediation Is Right For Your Case
• 3 Trends To Watch As Fall IPO Pipeline Gets Ready To Burst
• WJ Bradley Insiders Must Face Trustee's $25M Fraud Claims
• Who Gets Accredited Investor Status Under New SEC Rule?
• Supplement Co.'s $925M Loss A Wake-Up Call On Robocalls
• Credit Union Wants Worker Sanctioned For Bias Deal Rebuff
• UK Litigation Roundup: Here's What You Missed In London
• Ex-SocGen Exec Asks 2nd Circ. To Deep-Six Libor Case
• Banks Seek To Cut All But 1 Buyer In Aluminum Antitrust MDL
• Calif. Agency Probes Auto Title Lender Over Bank Partnership
• NJ Atty Charged With $9M PPP Loan Fraud Scheme
• Bank Of England Urges Regulation Of Payments Innovation
• Ex-BigLaw Bankruptcy Atty Charged With Extortion In NY
• Coronavirus Litigation: The Week In Review
• How New Penalties Transparency May Help CFTC Defendants
• Feds Indict Man Accused Of Faking Death After PPP Fraud
• Black Law Firm Leaders On Improving Diversity In BigLaw
• Ariz. Law Firm Ownership Rule Change Is A Win For Clients
• In Dissent, 9th Circ. Judge Rips Fees Equaling $6,700 An Hour
• Sen. Crapo Seeks Answers From OCC On Digital Assets
• Credit Union Servicer Shorted Workers On OT, Suit Says
• Morgan Lewis Nabs Ex-DOJ Fraud Chief From Quinn Emanuel
• Wells Fargo Failed To Oversee Annuity Switches, FINRA Says
• Judge Says Wells Fargo Must Face Some Auto Loan Claims
• After Storm And Fire: How States Protect Service Members
• Deutsche Bank Whistleblower Must Pay Experts $2.75M
• Creditors May Not Get All They're Owed After Tribune Ruling
• Ex-Stanford Exec Gets Redo In Bid To Ditch 20-Year Sentence
• NY Judge Rejects Trump Org's Request To Move AG's Case
• How To Write A Better Comment Letter On Agency Proposals
• Chinese Banks Say They Aren't On Hook For Fake Nikes
• Ex-HSBC Banker Mounts New Challenge To Fraud Conviction
• CFPB Warns Of High Stakes In 9th Circ. Ratification Fight
• Businessmen Can't Slip Pot Bank Fraud Charges, Rakoff Says
• DC's Former US Attorney Joins Skadden White Collar Team
• Feds Say Halkbank's Immunity Claim Is Bogus
• Feds Warn Of North Korea's Deceptive Weapons Procurement
• Reps. Question Thousands Of Small-Biz PPP Loans
• SEC Judges Once More Under Attack At Supreme Court
• PE Credit Considerations After IntegraMed Ch. 7 Ruling
• BofA, Call Center Workers Told To Redo $1.75M FLSA Deal
• Preparing For A CMBS Litigation Wave Amid COVID-19
• The Problem With Collectability In Legal Malpractice Cases
• Remittance Firms Will Pay $2M To End CFPB Claims
• 2nd Circ. Pauses Enforcement Of Trump Tax Subpoena
• Data Security Best Practices For Licensed Lenders' Telework