Banking Archive » November, 2020

Banking - November, 2020

255 articles

• DOL Delivered 'Flawed' COVID-19 Jobless Data, GAO Says
• Cboe Investor 'Reluctance' Questioned In 7th Circ. VIX Fight
• CFPB Finalizes Advisory Opinion Policy, Unveils 2 Opinions
• Ex-Trump Ally Sheds Fraud Claim In Money Laundering Suit
• Federal Reserve Banks Can Challenge Patents, Justices Told
• Fox Rothschild Adds Finance Partner In Dallas
• Visa Says DOJ Papering Over Plaid Deal's Benefits
• Firm's COVID-19 Insurance Claim Faces Skeptical Ga. Judge
• Goldman Accusers Lose Another Bid For 'Boys Club' Emails
• Fed Extends Several COVID-19 Emergency Lending Facilities
• 7 Tips For Predeposition Meetings Under New Federal Rule
• How To Prepare For Congressional Investigations In 2021
• What Biden Presidency May Mean For Data Privacy Litigation
• CFPB Settlement Shows Common FCRA Compliance Flaws
• Benchmark Body Pushes Ahead With Dollar Libor Phaseout
• The Firms That Dominated In 2020
• Law360 Names Practice Groups Of The Year
• UK Litigation Roundup: Here's What You Missed In London
• Feds Say NC Atty Used Fraudulent Funds For Plastic Surgery
• Wells Fargo Loses PTAB Challenge Over Check Deposit IP
• 200,000-Member ERISA Class Certified In TIAA Lending Beef
• Real Estate Rumors: LibreMax, Mattos Family, Morgan Stanley
• Danish Gov't Fires Back At Bid To Toss $2.1B Tax Fraud Suit
• Ex-Credit Suisse Regulatory Head Joins Libra Networks As GC
• Guatemala Pays Teco $37M In Long-Running Power Tariff Suit
• Qatari Financial Arm Seeks $55M Over 'Flagrant' UAE Bank
• Manhattan DA Takes Manafort Case To NY's Highest Court
• FINRA Fines Wells Fargo Over Time Stamp Issue
• NY Contract Litigation Indicates Limits Of COVID-19 Defenses
• Ethics Reminders As Employees Move To Or From Gov't
• Expect 2021 SEC To Turn Hawkish On Auditor Enforcement
• Intuit Will Ditch Credit Karma Tax Biz To Save $7.1B Deal
• Even In Tropical Florida, Courts Can Still Freeze Debtor Assets
• Dentons Banking Litigation Group Snags Gianni Origoni Team
• Yellen At Treasury Could Set Stage For More Active FSOC
• CFTC Seeks Default Judgment Of $3.9M Forex Scam
• NY Judge 'Surprised' By Fee Application In Libor Rigging Case
• Luckin Coffee, Banks Seek Nix Of Shareholder Securities Suit
• Coinbase Ending Margin Trading Based On CFTC Guidance
• US Hits China With Currency Duties, Breaking New Ground
• How Firms Can Prep For A More 'Aggressive' SEC
• Ex-BofA Worker Sues Bank Over 'Deficient' COBRA Forms
• A Key To Helping Clients Make Better Decisions During Crisis
• Where Data Privacy And CFPB Are Headed Under Biden
• OCC Hits JPMorgan With $250M Fine Over Fiduciary Biz
• Trade Groups Press Case In CFPB Payday Rule Suit
• CFPB Insists Student Loan Biz And Exec Must Cough Up $53M
• DOJ Says Visa Pushing 'Infeasible' Merger Trial Timeline
• Ex-Mine Owner Tells DC Circ. Fraud Charges Time-Barred
• Indicted Ex-Goldman Banker Denies Role In 1MDB Scandal
• Forex Rigger Katz On Track For $400-Per-Hour Consult Gig
• DOJ's Visa-Plaid Challenge Shows Email Can Imperil A Deal
• Ex-Fed Chair Yellen Is Biden's Pick For Treasury Secretary
• Judge Backs Sanctions For AWOL EB-5 Fraud Suit Defendant
• 6 Best Practices For Banks Serving The Marijuana Industry
• What To Expect From DOJ Enforcement Under Biden
• Ethics Considerations For Law Firms Implementing AI
• SEC Official Calls On Firms To Empower Compliance Chiefs
• Fla. Judge Says Attys On 'Thin Ice' After FCRA Claims
• Cos. Turn Over Security Contracts In NYPD Off-Duty Pay Fight
• OCC Pitches Rule Requiring Banks To Provide 'Fair Access'
• SEC's Clayton Leaves Behind Market-Friendly Legacy
• FCA Says Undisclosed Info Won't Upend Insider Dealing Case
• Cooperation In KPMG Case Spares Ex-PCAOB Staffer Prison
• NY Judge Orders Args In AG's Trump Probe Doc Dispute
• Ex-Finance Pro's No-Prison Sentence Caps BofA Insider Case
• UK Litigation Roundup: Here's What You Missed In London
• What Calif.'s New Consumer Debt Law Means For Collectors
• Picking The Right Location And Tools For Virtual Courtrooms
• 9th Circ. Puts Heat On Seila Law In CFPB Ratification Fight
• PayPal 'Soft-Pedaled' Data Breach Disclosure, 9th Circ. Told
• US, EU, Others Put Export Credit Negotiations On Ice
• DOJ Keeps Heat On Advisers Despite Quiet End To Bain Case
• 6th Circ. Upholds Hartford's Win In Disability Benefits Case
• Lender Seeks Sanctions Over 'Shakedown' FCRA Suit
• NY AG Wants New Args In Trump Tax Probe Doc Dispute
• SEC Hires FINRA Vet, Promotes Another For NY Broker Exams
• Ex-UBS Compliance Pro, Trader Appeal Insider Dealing Convictions
• Deals Rumor Mill: Bumble, Deliveroo, Talkspace
• Coronavirus Litigation: The Week In Review
• Impressed Judge Set To Approve $23.6M Forex-Rigging Deal
• Beware Atty Ethics Rules When Reporting COVID-19 Fraud
• Santander Consumer Sued In Del. Over Public Stock Buyback
• 3 Firms Forge Nasdaq's $2.75B Deal For Financial Crime Co.
• 9th Circ. Denies Class Cert. For BofA OT Wages Suit
• SEC's Hinman Offers Parting Words On Corporate Disclosures
• Does The Data Back Up S&P Cos.' Diversity Pledges?
• SEC Enforcement Against Public Cos. Hits 6-Year Low In 2020
• Title Insurance Agent Denied Coverage Of Email Scam Loss
• Looking For Judicial Activists? Check The Footnotes
• M&T Asks High Court To Tackle 'Nightmare' Disclosure Ruling
• Ex-Merrill Lynch Trader Denies Guilt In Slimmed Spoof Suit
• Best Practices For Legal Technology Adoption
• Valuation Uncertainty Could Prompt Increased Litigation
• Latham Directs 3rd Searchlight Fund's $3.4B Closing
• Insurer Seeks Win In Calif. Bank's $14M Grifter Loss Coverage
• Visa Says DOJ Is Dragging Out $5.3B Plaid Merger Challenge
• SEC Chair Praised And Rebuked In Last Senate Appearance
• Trump Taps Acting Comptroller To Lead OCC For 5-Year Term
• JPMorgan Chase, First Republic Want Out Of PPP Fees Suit
• Backpage Execs Take Judge DQ Fight To 9th Circ.
• Brownstein Adds Ex-TD Ameritrade Privacy Pro To Its IP Team
• 11th Circ. Says University Can't Arbitrate Student's Fraud Suit
• Mayer Brown Snags 2 Hunton Andrews Renewables Partners
• Trump's Fed Pick Falters In Push For Senate Confirmation
• Airbnb Says US Sanctions Cop Is Probing Its Cuba Operations
• Blank-Check Trio Tap Public Markets For $640M Combined
• State FCA Considerations For Cos. Seeking COVID-19 Relief
• What The Biden-Harris Win Means For Securities Regulation
• Real Estate Rumors: Miami Beach, Deustche, Ryan
• Clifford Chance, S&R Guide Embassy REIT's $1.3B Purchase
• The Pandemic's Long-Term Impact On Law Firm Operations
• Treasury Stance On Ransomware Payment Could Hurt Targets
• Law Firm Says Chase Can't Duck Suit Over PPP Agent Fees
• How Biden Might Dismantle Trump-Era Regulations
• FCRA Suit Over Virus Forbearances Kicked To Fed. Court
• Big Banks Beat Suit Over Unpaid PPP Loan Fees For Now
• SEC Whistleblower Tips Eclipse Records Amid COVID-19
• Ex-Julius Baer Banker Ducks Prison For FIFA Misdeeds
• News Orgs Rip Feds' Bid To Pause COVID-19 Relief Disclosure
• Guatemala Says Teco Can't Target NY Funds For $35M Award
• BitMEX Hit With 2nd Racketeering And Manipulation Suit
• Lack Of Access To Remote Court Proceedings Is Inexcusable
• Qudian, Investors Strike $8.5M IPO Suit Settlement Deal
• OFAC Cyber Ransom Guidance Has Insurance Implications
• Ponzi Ruling Complicates Texas Fraudulent Transfer Litigation
• Anticipating CFPB Changes Under The Biden Administration
• Ex-Deutsche Traders Say Gov't Didn't Prove Spoofing Fraud
• Feds Sharpen Spoofing Claim Against Ex-Merrill Lynch Trader
• SEC Chairman Jay Clayton To Step Down At End Of Year
• Wachtell Guides PNC's $11.6B Acquisition Of BBVA's US Unit
• Investors Say Wells Fargo Loaned Billions To Risky Clients
• Capital One Can't Drop Data Breach Suit, Court Told
• Attys Ask To Drop Ex-NFL Team Investor Over Fee Dispute
• 2nd Circ. Affirms Nix Of BofA, Citizens Bank $102M Ponzi Suit
• Why Attacks On Trump's Election Lawyers Are Problematic
• M&A Poised For Growth In The Biden Era
• Receiver Gets 22 Hotels Over $240M Wilmington Loan Default
• Key Takeaways From SEC's Fixed Income Trading Proposal
• UK Litigation Roundup: Here's What You Missed In London
• Wells Fargo Ex-CEO To Pay SEC $2.5M Over Sales Scandal
• Former NY Gov. Beats Ex-AIG Exec's Defamation Suit
• Coronavirus Litigation: The Week In Review
• Trump Bars Investments In Cos. That Aid Chinese Military
• Twitter Contributes $100M For Launch Of Social Justice Fund
• Don't Be 'Coy' When Reporting Offshore Info, IRS Official Says
• Discover Looks To Ax Patent Suit Over Mobile Banking Tech
• DC Circ. Unlikely To Revive Cato's SEC Gag Rule Challenge
• No Bail For Ex-JPMorgan Trader's Forex-Rigging Appeal
• Beam Financial Users Sue After Months Of Withdrawal Delays
• CFPB Won't Drop Credit Reporting Dispute Deadline Relief
• CBD Co., Attys Look To Ax British Investor's $1M Loan Suit
• Avoiding 6 Common E-Discovery Production Pitfalls
• What To Expect From US Trade Policy In The Biden Era
• Fired Goldman Atty Calls Mandatory Arbitration 'Anti-Woman'
• 3 Ways COVID-19 Is Reshaping The US Residential Market
• JPMorgan Must ID Who OK'd $875M Payments In Oil Deal Suit
• Biden Taps Obama-Era CFTC Head For Financial Reg Review
• Ex-Mulvaney Rival Will Lead Biden's CFPB Review Team
• GOP Senator Urges End To Fed's COVID-19 Lending Facilities
• CBD Retailer's Suit Over Visa Blacklist Moves Forward
• Women Suing Goldman Keep Pressing For Top Brass' Emails
• Alliant Says Customer's Amended Overdraft Suit Still Fails
• Citi Fined $475K By FINRA But Scores Cooperation Points
• SEC Unit Finds Compliance Flaws At Advisers' Branch Offices
• BofA Wants Discrimination Suit Over $100M In PPP Funds Cut
• Navigating PPP Loan Forgiveness Risks: Part 2 — Lenders
• OFAC Art Transaction Advisory Signals Increased Scrutiny
• Law Firm Biz Development Tips For The Pandemic Era
• Markets Emerge From Tumultuous Election On Solid Ground
• US Blacklists Scores Of Syrian Officials In Sanctions Dragnet
• Worldpay Accused Of Seizing Funds In $2.7M Contract Suit
• OCC Says Banks Holding Up Amid Crisis But Face Key Risks
• Pillsbury Hires Former Skadden Partner Amid M&A Expansion
• SEC Whistleblower Is Broke, Unrepresented With $2.75M Tab
• Atty Invokes Rosa Parks In Bid To Keep Wells Fargo Suit Alive
• DOJ Abandons Bain Doc Petition In Favor Of Visa Discovery
• Goldman Sachs Wants Ex-Atty's Retaliation Suit Arbitrated
• Navigating PPP Loan Forgiveness Risks: Part 1 — Borrowers
• Ex-Nicaraguan President Blocked From Entering US
• Rulings Show Limits Of Federal Agency Vacancy Law
• Bid Protest Spotlight: Pandemic, Burdens, Timeliness
• Julius Baer Takes $80M Hit In FIFA Corruption Scandal
• 5 Predictions For Banking Regulation In A Biden Presidency
• What Biden's Win Means For SEC Enforcement, Leadership
• Biden Win May Lead To First Black Female Justice
• High Court Expansion Unlikely After Tight Election
• Biden's Win Means Big Business For BigLaw
• Biden Beats Trump At The Polls As Court Battles Continue
• Fraudster Sentenced For Bilking Firms In $7.8M Scheme
• CFPB Suit Claims Florida Loan Co. Misleading Consumers
• Kazakhstan Seeks Assets To Cover Fees In Mining Dispute
• SEC Commish Says Climate Change A 'Grave' Systemic Risk
• Divergent Paths To Open Banking In UK And US
• SBA Survey Signals Enhanced COVID-19 Loan Scrutiny
• NY Ruling Underscores Federal, State Arbitration Law Conflict
• Feds Won't Pressure Banks To Use Leading Libor Alternative
• Goldman Accusers Lose Fight For Execs' 'Boys Club' Emails
• UK Litigation Roundup: Here's What You Missed In London
• 3 Data-Driven Steps To Gauge Class Action Damages
• 9th Circ. Axes Wells Fargo's Quiet Title Suit Against Nev. HOA
• BofA Gets CFPB No-Action Relief For Small-Dollar Product
• Fed Tells Consumers Capital One Breach Report Is Off-Limits
• Nine West Trustees See More Claims Cut In Ch. 11 Fraud Suit
• DOJ Challenges Visa's $5B 'Insurance Policy' Buy Of Plaid
• Coronavirus Litigation: The Week In Review
• Wilson Sonsini-Led AI Fintech Files $100M IPO
• BigLaw Must Drop The Billable Hour To Improve Diversity
• FINRA Fines Wells Fargo $300K On Tip From Senior Citizen
• Banking Group Taps Deputy GC To Replace Retiring Top Atty
• SBA Survey Unfairly Targets COVID-19 Relief Borrowers
• Fintech Cos. Envestnet, Yodlee Look To Ax Privacy Suit
• FDIC Slams UBS Over Libor-Rigging Claim
• Disgraced NFLers' Atty, Litigation Funder Settle Fraud Suit
• Ex-Wells Fargo Worker Says Cos. Can't Limit ERISA Venues
• Mitchell Silberberg Nabs Fox Entertainment's Top Labor Atty
• JPMorgan To Pay $9.8M To End DOL's Sex Bias Probe
• Trump Unleashes Barrage Of Lawsuits In Battleground States
• SEC Slams Atty's Sanctions Bid In $48M Fraud Suit
• Acquitted Ex-Forex Traders Press DOJ Ahead Of Civil Trials
• PayPal CEO Says Gov't-Backed Digital Dollars Are Inevitable
• Goldman Hires Time's Up Atty To Defend It In Retaliation Suit
• Nebraska Voters Back 36% Rate Cap For Payday Lenders
• SEC's Final Accredited Investor Rule Vs. Public Suggestions
• PJT Partners Boosts Deputy GC To Top Counsel Spot
• Senate Majority Still In Doubt As Races Tighten
• Puerto Rican Bank Wins $86M Loan Suit Against PDVSA
• Biden Campaign Plays Down Trump High Court Threat
• Trump Vows To Contest Uncounted Ballots At High Court
• The BigLaw Attorneys Battling Over An Undecided Election
• Don't Look To Bush v. Gore For 2020 Blueprint
• Senate — And Pandemic Relief — Still Hanging In The Balance
• 9th Circ. Says FOIA Info Can Count As Corrective Disclosure
• JPMorgan Expects Fine For 'Deficiencies' In Internal Controls
• China Freezes Fintech Giant Ant's Record-Smashing IPO
• 8 White And Williams Insurance Attys Join Robinson & Cole
• Class Attys Seek $18.5M In Fees For Libor Deals With 7 Banks
• Securities Litigation Implications Of COVID-19 Impairments
• Wells Fargo Will Pause Proactive COVID-19 Forbearances
• Unión Fenosa Sues Egypt, BNY Mellon Over Funds Transfer
• SEC On Fast Track For Record Whistleblower Awards In FY 21
• 8 Tips For Effective Oral Advocacy In Virtual Court Hearings
• Ex-UBS Trader To Get Early Release On Libor Conviction
• From The Front Lines: The Attorneys Protecting This Election
• SEC's Record 2020 Enforcement Haul Soars On Disgorgement
• Art World Is Attractive To Sanctions-Evaders, Treasury Warns
• Fifth Third Eyes Exit From Investor Suit
• Huawei Sues Trump Admin. For 'Stonewalling' FOIA Requests
• Wealth Manager AMP Eyes $4.5B Buyout Amid Turmoil
• 2 Firms Guide Brazilian Fintech's $150M Financing
• Stakeholder Capitalism Needs Gov't Oversight To Work
• Bitcoin Exchange Customers Seek Class Cert. In Fraud Suit
• Justices Decline To Review HSBC Banker's Fraud Conviction
• Big Banks Can't Shake Philly, Baltimore Rate-Rigging Suits
• A GC's Blueprint For Improving Legal Industry Diversity