Banking Archive » December, 2020

Banking - December, 2020

220 articles

• The Most-Read Securities Law360 Guests Of 2020
• The Most-Read Legal Industry Guests Of 2020
• OCC Fintech Charters Face Fresh Attack By State Regulators
• SEC Chair Jay Clayton Formally Exits Amid Year-End Bustle
• Trump Pardons Paul Manafort, Roger Stone, 24 Others
• 2nd Circ. Denies Halkbank's Recusal Bid For SDNY Judge
• Taylor English Adds Real Estate Partner In Miami
• A Law Firm's Guide To Producing A Podcast
• UK Litigation Roundup: Here's What You Missed In London
• Ex-Mt. Gox Exchange CEO Can't Appeal In Fraud Suit
• SEC Investment Chief Who Led Key Reg Agenda To Depart
• Discover Pays $35M Over CFPB's Student Debt Error Claims
• Pension Plan Can't Dodge $2B Danish Tax Suit, Court Says
• Hana Financial Drops $669M On Stake In Seattle Building
• UK Small Biz Lender Liberis Unveils $93.5M Funding Round
• Debt Collector Hit With TCPA Class Suit Over Robocalls
• PNC Accuses Fintech Co. Plaid Of Trademark Infringement
• 5 Article III Takeaways From 7th Circ.'s FDCPA Ruling Frenzy
• Fed Orders Credit Suisse To Beef Up AML Compliance
• How Corporate Transparency Act Could Benefit Finance Cos.
• Chase Ducks Firm's PPP Fee Suit Thanks To Unfiled Form
• 5 Important E-Discovery Trends And Developments In 2020
• Securities Standards Setter Chief To Depart In February
• Annual Defense Bill Extends SEC's Disgorgement Shot Clock
• Treasury Cracks Down On Cuban State-Owned Businesses
• FinCEN Aims To Fill Crypto Reporting Gaps Despite Pushback
• Attys To Get $2.8M In Curo Investor Deal
• Real Estate Rumors: AHS Residential, TJ Maxx, Capital One
• House Wish List Hints At Financial Services Priorities
• DOJ's Visa Merger Challenge Gets Late June Trial Date
• Exchange Act Amendments Would Bolster SEC Enforcement
• Charles Schwab Fined £9M Over UK Client Account Failings
• Judges On Race: The Path To A More Diverse Bench
• CFPB Finishes Disclosure-Focused Regs For Debt Collectors
• Countrywide, Ambac Spar Over Right To In-Person NY Trial
• SEC Pulls Out All The Stops In Latest Whistleblower Payouts
• Ex-Stanford Exec's 20-Year Sentence To Remain In Place
• Mortgage Service Co. Inks $7M Deal To End Class Action
• Regulator Seeks Power To Help Banks Innovate BSA Reports
• Brazilian Lender Valued At $1.75B In Series E Round
• Cohen Milstein, Saxena White Get $4M For Credit Suisse Deal
• Wells Fargo Gets Contractor's PPP Claims Sent To Arbitration
• Croatian Coffee Co.'s Loan Exempt From VAT, ECJ Says
• Judge Says Virus To Blame For Losses, Not TD Ameritrade
• Fla. Bank Inks Deal With Ex-Employees In Trade Secrets Suit
• $35M Fed. Whistleblower Award Not Taxable, Pa. Court Says
• Feds Pitch Cyber Incident Notice Requirements For Banks
• M&T Case Revival Threatens Capital Markets, High Court Told
• A Review Of 2020's Key US Sanctions Developments
• Home Depot Seeks An $11.7M End To Attorney Fees Clash
• AML Whistleblower Rewards Law Could Be A Game Changer
• Experian Sued Over Timeshare Co.'s Alleged Account Fraud
• UK Litigation Roundup: Here's What You Missed In London
• What To Expect From Biden's Financial Regulation Transition
• 'Killer' Deals, Internet Mergers Caught Enforcers' Eyes In 2020
• 9th Circ. OKs Dismissal Of PayPal Investors' Data Breach Suit
• SEC Fines E&Y Member Firm For Role In $3B Homes Scam
• Ex-Nomura Trader Avoids Jail Time In RMBS Fraud Case
• Yodlee Users Fight To Keep Data 'Exploiting' Suit Alive
• Fried Frank Guides Brookfield's $835M Manhattan CMBS Loan
• HK Regulators Push For Stronger Climate Disclosures By 2025
• Wells Fargo Customers Ask 11th Circ. To Nix Arbitration Order
• American Bank Systems Sued Over Ransomware Data Breach
• 2nd Circ. Won't Review Aluminum Buyers' Cert. Denial
• Time To Prepare For California's New Consumer Finance Law
• SEC Fines Robinhood $65M For 'Misleading' Customers
• FINRA Fines Cetera $1M For Lapses Spotted First By SEC
• Fintech Lender, Biotech Startup Price IPOs Totaling $429M
• NY Bar Calls State's New Power Of Attorney Law A 'Big Win'
• Silicon Valley Bank Beats CARES Act Referral Fees Suit
• Real Estate Rumors: Starwood, Dwight Capital, Fairfield
• Banks Go Back To Mat Against Odd-Lot Bonds Antitrust Suit
• Treasury Labels Vietnam, Switzerland Currency Manipulators
• UBS Whistleblower Nabs $1.8M In Atty Fees On $1M Jury Win
• How Climate, Finance And Trade Will Intersect In 2021
• Luckin Coffee To Pay $180M To Settle SEC Fraud Claims
• COVID-19 Has Broad Impact On Lost-Profit Determinations
• Tips For Identifying A Culturally Competent Mediator
• Mass. Claims Robinhood 'Targeted' Young, Novice Investors
• Justices To Weigh Class's Standing In TransUnion FCRA Suit
• FDIC Eases Path To Lending For Nonbanks With New Rule
• BBVA Compass Defeats $98M Fraud Verdict In Texas Appeal
• Broker Must Give SEC Proceeds From 1 Global Ponzi Scheme
• Right To In-Person NY Trial Hangs Over $2B RMBS Case
• 2020 Marked By Blockbuster Compliance Cases, Milestones
• FDIC Adopts Final Changes To Brokered Deposit Rules
• Trump Org Must Turn Over Documents, NY Judge Orders
• Justices' Goldman Review May Finally Offer Class Cert. Clarity
• FINRA Appoints Ex-SocGen CCO As Market Regulation Head
• TD Ameritrade's Recusal Bid 'Shameful,' Ex-Sen.'s Wife Says
• A Look At Spoliation Risk In The 11th Circ., By The Numbers
• SEC Pays Rare Compliance-Related Whistleblower Award
• SBA Tells 11th Circ. To Nix $500K PPP Loan To Bankrupt Biz
• Ex-HUD Lawyer Returns To Bradley Arant In Birmingham
• Defunct Bitcoin Exchange Mt. Gox CEO Fights Class Cert. Bid
• Barclays Fined £26M For Mistreating Distressed Customers
• Brokerage Slapped With $8M Fine For 'Flying' And 'Printing'
• Lawmakers Unveil COVID-19 Relief With PPP Deductibility
• SEC Targets Two More Men For 1 Global Ponzi Ploy
• Ex-Nomura Trader Deserves 'Substantial' Jail Time, Feds Say
• MB Financial Seeks Toss Of $400M False Claims Act Suit
• E-Commerce Giant Wish To Lead 11 IPOs In Year's Final Rush
• 2nd Circ. Kicks Trump Subpoena Fight To Lower Court
• 4 Firms Rep Benefits Biz's $1.1B Takeover By Goldman Sachs
• Justices Let Convictions Over $18.5M USDA Loan Fraud Stand
• Class Action Lessons From Top Court's Mastercard Ruling
• State AGs Press Challenge To OCC's Valid-When-Made Rule
• Monaco Bank Gets Tangled In $92M Russian Award Feud
• 9th Circ. Urged To Void MoneyLion's Arbitration Agreement
• Supreme Court To Hear Goldman Class Cert. Fight
• 9 Blank-Check IPOs Rake In $2B As SPAC Blitz Continues
• Ameritrade Demands Judge Recusal Over Plaintiff Connection
• Justices Seem Concerned Over FHFA Case Ramifications
• CFPB Credit Stance Has Broad Specialty Finance Implications
• Bank Sues Pa. La Quinta Inn For $8M Over Defaulted Loan
• UK Litigation Roundup: Here's What You Missed In London
• UK's Top Court Paves Way For £14B Mastercard Class Action
• CFPB Completes Qualified Mortgage Rule Overhaul
• Names To Watch As Biden Mulls Next SEC And CFTC Leaders
• Ex-Goldman Banker Says Feds Withholding 1MDB Evidence
• Real Estate Rumors: Sterling, JPMorgan, Butters Construction
• Defense Bill To Usher In New Era For Anti-Money Laundering
• FinCEN Chief Says COVID-19 Crime Reports Must Be Specific
• COVID-19 Concerns Won't Spring Jailed State Street Exec
• Banking Group Of The Year: McGuireWoods
• SEC Enforcement Chief Avakian To Step Down At Year's End
• Judge Ordered To Respond To DQ Motion In Backpage Case
• Attys, Bankers Face Trial In Germany On Cum-Ex Charges
• CFTC's Tarbert To Step Down As Chairman In 2021
• Libertarian Orgs Back Challenge To SEC Judges In 5th Circ.
• Justices Scrutinize Remedies In FHFA Constitutionality Case
• Banking Group Of The Year: Mayer Brown
• Santander To Pay Investors $47M Over IPO Statements
• Capital One Tries To Trim Breach Suit, Victims Say It's 'Games'
• COVID-19 Spurs Associates To Think Bigger — Like Partners
• Defendant In $50M EB-5 Fraud Suit Hit With Default, Sanctions
• Intermex Taps Kaplan VP As New General Counsel
• TD Bank Accused Of 'Bait-And-Switch' Credit Card Scheme
• Agencies' Joint Antitrust Focus May Spur Whistleblower Tips
• This Year's Top 8th Circ. Bankruptcy Decisions
• Ex-CFTC Enforcement Head To Join Sullivan & Cromwell
• 9th Circ. 'Willful' Ruling Could Extend Beyond FMLA Context
• Ex-Barclays Traders Lose Appeal Of Rate-Rigging Conviction
• Industry Groups Warn OCC Over Figure's Bank Charter Bid
• SEC Asked Why Convicted State St. Exec's Deal Lacks A Fine
• CFTC OKs Electronic Trading Rules, Revises Bankruptcy Code
• SEC General Counsel To Leave Agency In January
• FBI Chief Wants Banks' Help Fighting COVID-19 Scams
• Banking Group Of The Year: Latham
• 9th Circ. Courts Should Ditch Obsolete Class Notice Standard
• Trump Org Opposes New Subpoena Args In NY AG's Probe
• Fintech Startup Remitly Taps New GC From Fifth Third Bank
• HSBC Bank Settles Gold Price-Fixing Class Action For $42M
• 4 Blank-Check Cos. Raise Combined $875M In IPOs
• GCs Are Uniquely Qualified To Lead Diversity Initiatives
• Former Sen. Paul Sarbanes, Co-Writer Of SOX, Dies At 87
• Feds Say Ex-Goldman Banker Can't Shake 1MDB Charges
• Student Loan Firm, Manager Must Pay $41M, Calif. Judge Says
• Wachtell-Guided Nasdaq Prices $1.9B Senior Notes Offering
• US Trustee Inks $74M Deal For Bankrupt Mortgage Holders
• Ill. Court Affirms US Bank's $120M Win Over Mall Build
• Job Loss From Work Visa Delay Is 'Minor' Issue, Feds Say
• SEC Tells Justices Not To Hear Challenge To In-House Judges
• Attys Say Credit Agency Founder Can't Pile On Claims
• 3 Ways Defendants Can Nip Civil RICO Claims In The Bud
• DOJ Crypto Framework Signals Escalating Enforcement
• Banking Practice Group Of The Year: Cravath
• Nationstar Mortgage Settles With CFPB, States For $91M
• Judges On Race: Reducing Implicit Bias In Courtrooms
• Fidelity Trial Wraps With Judge Questioning VP's Credibility
• Sens. Back PTAB Denial Rules, Drug Pricing Activists Balk
• CFPB Accuses Fintech LendUp Of Military Lending Violations
• Capital One Customers Eye Approval On $13M ATM Fees Deal
• Drug Co. Ex-CEO Liable For $1M FBAR Penalty
• Real Estate Rumors: Banesco, Morgan Stanley, Greybrook
• Financial Lobby Calls For 'Mandatory' Climate Disclosures
• Amazon Needn't Supply Docs In Capital One Breach Suit
• PNC Bank Settles With EB-5 Investors In Fla. Hotel Fraud Suit
• Tougher Oversight Looms For Hedge Funds Investing In PIPEs
• CFTC's Top Cop Says Cooperation Sends 'Powerful Message'
• Banking Group Of The Year: Covington
• U.S. House Makes History With Pot Decriminalization Vote
• 2nd Circ. Affirms Penny Stock Broker's $12M SEC Fine
• UK Litigation Roundup: Here's What You Missed In London
• NY Appeals Court Unpauses IPO Suit Against Lender Qudian
• SEC's 'FinHub' To Become Stand-Alone Office Within Agency
• Citizens Can't Shake CFPB Suit Over Card Dispute Handling
• SEC Taps Nelson Mullins Partner To Lead Atlanta Office
• Judge Frees 1 Of Several Defendants In $2.1B Danish Tax Row
• 5 GDPR Compliance Tips From UK Ticketmaster Fraud Fine
• Wells Fargo Can't Duck Black Atty's Suit Over N-Word Incident
• Navigating Atty Relationship Conflicts That May Imperil Cases
• Waller Confirmed To Fed Board As Other Trump Pick In Doubt
• Citi Judge Questions Jurisdiction In 'Mistake' Transfer Case
• Ex-JPM Trader Wins Bail As 2nd Circ. Mulls Antitrust Question
• Former NJ Atty Can't Yank Money Laundering Guilty Plea
• Bill To Boot Chinese Cos. From US Exchanges Sent To Trump
• Attys Garner $4.6M Fee For $17M Capital One Settlement
• Fintech Co. Raises $81M In Goldman Sachs-Led Round
• Brokerage Says US Bank Can't Escape $5M Tribal Fraud Suit
• MasterCard Taps Former US Ambassador To Head Litigation
• Mayer Brown Partner, Ex-DOJ Official Mark Ryan Dies At 65
• Ex-KPMG Exec's No-Prison Sentence Caps Accounting Probe
• FINRA Fines Barclays $650K Over Flawed Trade Reporting
• 'Brazen' JPMorgan Hacker Deserves Up To 19 Years, Feds Say
• How Mediators Can Help Parties Overcome Emotional Barriers
• Post-Election Financial Services Regulatory Outlook
• FCC Asked To Exclude Follow-Up Texts From TCPA
• Metal Cos. Say Insurer Failed To Cover Them In Loan Suit
• Levi & Korsinsky, Glancy Vying To Rep PinTec IPO Investors
• Fla. Atty Admits To $7.5M Bank Extortion Scheme
• FY 2020 Was CFTC's Most Active Enforcement Year To Date
• Ex-HSBC Forex Exec Seeks To Skirt Prison In Light Of Virus
• Ex-JPM Forex Rigger May Get Prison Put Off By 2nd Circ.
• Fla. Couple Ordered To Give Up $8.6M From Debt-Relief Scam
• Pace Of Bankruptcy-Claims Trading Is Picking Up
• Mnuchin Defends Decision To End Fed Virus Lending Facilities
• Libra Calls Rebrand To Diem A 'New Day' For Crypto Initiative
• Judging A Book: Wardlaw Reviews 'Hamilton And The Law'
• Forex Rigger OK'd To Use Docs In Investor Damages Suit