Banking Archive » November, 2021

Banking - November, 2021

227 articles

• DC AG Strikes $2.4M Deal With 'Predatory' Fintech Lender
• Fed's Powell Says He Won't Sideline Supervision Vice Chair
• NJ Justices Skeptical Convicted Atty Can Keep License
• CFPB Hatches Deal To Settle Suit Over Trump-Era Task Force
• Jury In Brooklyn Judge's Trial Doesn't Hear Info About Agent
• BNY Mellon Gets Self-Dealing Class Action Trimmed
• Del. Judge Says No US Jurisdiction For GCX Clawback Case
• Ex-Chiropractor Can't Reduce Prison Term In FBAR Case
• Brazilian Fintech Startup Nubank Cuts IPO Projection To $2.5B
• The Implications Of COP26 For Legal Practitioners
• Nutter Adds Boston Fed Associate GC As Banking Partner
• The Bank Of London Opens Its Doors With $1.1B Valuation
• Without Leadership Buy-In, Law Firm DEI Efforts Stand To Fail
• 7th Circ. Rejects CFPB's Redo Bid For Tossed $59M Win
• JPMorgan Can't Get Quick OK For $60M Spoofing Deal
• Eversheds-Led Cannabis REIT Launches Plans For $106M IPO
• Cloud-Based Fintech Thought Machine Worth $1B In Series C
• What 2021 Enforcement Results Say About SEC's Agenda
• Judge Tosses PPP Class Action Against Nonbank Lender
• Fla. Woman Convicted In $3.3M COVID Relief Fraud
• SEC Issues Guidance On 'Spring-Loaded' Executive Comp
• Confronting Origination Credit: Self-Advocacy Tips For Attys
• Big Names Could Stack December's IPO Pipeline
• UK Litigation Roundup: Here's What You Missed In London
• Fed. Circ. Tells TTAB To Review Pawn Shop's TMs
• 3 Key Details To Watch As Congress Mulls Breach Report Law
• Plaid's $58 Million Privacy Deal Gets Early Sign-Off
• Lead Atty Disqualified In Ga. Borrowers' Mortgage Rates Case
• 1st Circ. OKs Tossing Investment Analyst's Defamation Suit
• Reed Smith Steers Fintech-Oriented SPAC's $250M IPO Filing
• Senator Probes Stablecoin Issuers Over Investor, Market Risk
• SEC's Alleging An Asset Is A Security Does Not Make It So
• A Real-World Guide To Staying Discovery In Federal Court
• NY High Court Sides With JP Morgan In $140M Insurance Suit
• Barclays Accuses Fintech Rival Plaid Of Stealing 'Rise' TMs
• SDNY Judge Leans Toward Split BitMEX Trials
• Border Wall Campaign Urges Justices To Undo Asset Freeze
• Bank Regulators Will Roll Out Crypto Guidance In 2022
• SEC Warning To Crypto Attys Harkens To Prior Crackdowns
• PetroSaudi Fights US Bid For Protective Order
• Sens. Seek To Keep Pot Banking Amendment In Defense Bill
• Odebrecht Laundering Suspect Can't Shake Flight Risk Status
• Real Estate Rumors: PGIM, Denholtz, Ivanhoe Cambridge
• Fintech Startup Maxwell Adds Ex-Fannie Mae Lawyer As GC
• India-Focused SPAC Leads 2 Public Debuts Totaling $236M
• Insurer Says Credit Union's Suit Uses Confidential Disclosures
• PE Firms Lob More Than €1.7B Go-Private Bid At Aareal Bank
• Tinder Founder Says Ex-Match CEO Strong-Armed Him At Trial
• Ex-Sterne Agee Analyst Banned From Trading Securities
• 3rd Circ. Upholds $50M Award To Vik-Controlled Company
• Treasury Blacklists Alleged ISIS-K Money Man In Afghanistan
• 2nd Circ. Madoff Ruling Is A Win For Asset Recovery Trustees
• Insurer Gets $5.3M More In Damages Over Utah Development
• Takeaways And Next Steps After FSOC's Climate Risk Report
• 3 Cases Could Influence Electric Vehicle SPAC Litigation
• Reed Smith Steers Sustainability-Geared SPAC's $220M Filing
• Biden Sticks With Powell For Second Term As Fed Chair
• Exec Says He Caught Heat For Saying Tinder Was Shipshape
• Feds Finalize Curbed Cyber Incident Reporting Rule For Banks
• Citibank Seeks To Arbitrate Ex-Worker's Argentine Claims
• Pomerantz Chases Its Own Archegos Litigation Against Banks
• FinCEN Urges Banks To Help Spot Environmental Crimes
• Surge In Tips To SEC Exposes Gaps In Internal Reporting
• Congress Adds Fuel To SEC's Ambitions To Regulate SPACs
• Investors Bancorp Faces Merger Suit As $3.5B Deal Wins Vote
• Mitigating Inflation's Impact On Commercial Contracts
• 9th Circ. Asked To Send ITT Students' Claims To Arbitration
• SEC Fines McKinsey Unit $18M Over Insider Info Policies
• CFPB Instructs Staffers To Flag 'Revolving Door' Misconduct
• Ledgewood Guides Fintech-Focused SPAC In $350M Debut
• Israeli Banker In Insider Trading Ring Gets 2.5 Years
• How DOJ May Beat The White Collar Fraud Clock Post-COVID
• 2 Firms Get $4.6M For Bank Merger Suit Deal In Chancery
• Heading Into 2022, Fintech Antitrust Strategy Isn't Optional
• UK Litigation Roundup: Here's What You Missed In London
• Fox Rothschild Adds Wilentz Goldman Family Law Atty In NJ
• SEC Says Fines Surged, Disgorgement Plunged In FY 2021
• Ameritrade Stockholders Fight For Del. Suit Against Schwab
• Biden OCC Pick Takes Hits From Both Sides In Senate Hearing
• Sen. Warren Urges Probe Of Trump's SPAC Merger Plans
• Reps. Push To Amend Crypto Reporting In Infrastructure Law
• Real Estate Rumors: DR Horton, AMAC, Wells Fargo
• Deals Rumor Mill: BNP Paribas, Alibaba, Pittsburgh Penguins
• Facing GOP Heat, Biden OCC Pick To Praise 'American Dream'
• Ill. Real Estate Mogul's Widow Kept In Charge Of $200M Estate
• Lawmakers Hear Calls For Increased Stablecoin Regulation
• Class Attys In Wells Fargo Loan Suit Get $23M Fee Award
• Fed Governor Opposes Restricting Stablecoins To Banks
• 2nd Circ. Ends BNY Mellon Mortgage Records Class Action
• Navient To Pay $42.5M To End Investor Suits In Del., NJ
• 11th Circ. Will Rehear Debt Collection Privacy Suit
• Stockholders Sue To Preserve $62M Award In Delaware
• Heed These Rules, Or Risk Your Argument On Appeal
• SEC Cases Against Public Cos. Fell Again In FY21
• Early ESG Due Diligence Can Minimize Risk, Maximize Reward
• Ex-Wells Fargo Adviser Fights $1.6M FINRA Award At 3rd Circ.
• King & Spalding Pilots CURO's $360M Heights Finance Buy
• Cleary Opens First West Coast Location In Bay Area
• CFPB's Newest Hook On Big Tech May Be 1970s Data Law
• Feds Look To Freeze Award Over PetroSaudi Fraud
• Fed Bans Md. Community Bank's Ex-GC From The Industry
• CFPB Cites Discrimination As It Preps Lending Rule Review
• SEC's Roisman Wary Of Playing Into 'Gamification' Fears
• Son Of Ex-Panama President Jailed In Odebrecht-Tied Case
• Judge Recommends Tossing Patent Case Against Blackhawk
• Fed Orders China's ICBC To Revamp NY Branch Risk Function
• Alpha Latam OK'd For $149.5M Ch. 11 Sale To CFG Partners
• Crime Prof. Gets 6 Months For 'Textbook' Money Laundering
• Cos. Must Brace For Financial Regs On Climate-Related Risk
• What To Include In Orders Governing Remote Arbitration
• Investors Sue Standard Chartered Over Sanctions Violations
• Mobile Banking Biz Upgrade Hits $6B Valuation In Series F
• JPMorgan Says Tesla Owes $162M For 2018 Go-Private Tweet
• Diller Denies He Lowballed Tinder's Value, Threatened Anyone
• Chubb Must Remain In Coverage Fight Over Audit Settlement
• GOP Reps. Say 'Digital Dollar' Must Serve US Interests
• SEC's 2021 Tipster Awards Topped All Prior Years Combined
• Goldman Investors Seek Cert In 1MDB Fraud Scandal Suit
• US, Israel Partner Up To Counter Ransomware Deluge
• Embracing ESG: CBRE GC Talks Effective Compliance Emails
• Truist Is Lender On $90M Denver-Area Apartment Deal
• Former SEC Senior Counsel Jumps To Debevoise & Plimpton
• GEO Group Execs Lied About Bank Ties, Shareholder Says
• Barclays, Others OK $50M Deal To End Gold Price-Fixing Suit
• Rep. Perlmutter Tells Pot Attys Banking Bill A Good Bet
• Customers Sue Robinhood Over Data Security Breach
• CFPB Accuses Pawnshops Of Gouging Military Families
• Ex-JPMorgan VP Says She Was Fired For Spotting Red Flags
• The Hazards Of Female Lawyers Being 'Office Moms'
• UK Litigation Roundup: Here's What You Missed In London
• UK Bank Barred From Sharing Info On Client Charged In US
• Crypto Industry Should Brace For Brewing Enforcement Storm
• Regulators Scrap Virus-Era Compliance Relief For Servicers
• Ex-Match CEO Corrupted Tinder Valuation, Jury Hears
• Governors Urge Congress To Pass Pot Banking In Defense Bill
• Local UAW Official Charged With Embezzling $2M From Union
• Firm Wasn't Cleared To Ask To Toss FDCPA Suit, Judge Says
• Wells Fargo Can't Toss Noncitizen Couple's Bias Claims
• $31M Fraud Deal Bans Seattle Co. From Debt Relief Services
• Discovery Immunity For Draft Expert Reports Lacks Clarity
• Perkins Coie-Led Blockchain SPAC Prices Upsized $261M IPO
• Ex-McKinsey Partner Charged With Insider Trading On Deal
• Independent Banks Led Tinder Valuation, Match Tells Jury
• Ex-Deutsche Traders Want Out Of CFTC's Spoofing Claims
• UK Bank Tells Justices To Drop Terror Victims' Liability Claims
• Hertz Asks Court To Toss Wells Fargo's $272M Payoff Demand
• Standard Chartered Group GC Joins Paul Weiss In London
• Arbitration Group Urges High Court To Define 'Tribunal'
• SEC's Crenshaw Urges DeFi Cos. To Play By Disclosure Rules
• Defense Tips For Navigating SEC's New Admissions Policy
• A Phased Approach To In-House Legal Tech Adoption
• Latham-Led Bitcoin Miner Iris Energy Launches $215M IPO
• Advocates Urge 9th Circ. To Rethink Payday Lending Order
• ​​​​​​​Bank Of The West Settles Ex-VP's Paternity Leave Suit
• NY Fines Dubai-Based Bank $100M Over Sanctions Violations
• Basel Group To Update Standards On Climate, Cryptoassets
• PNC Inks $14.5M Deal With Merchants In Overbilling Spat
• OCC Head Urges Bank Boards To Lean In On Climate Risk
• SEC's Grewal Denies 'Regulation By Enforcement' On Crypto
• Illinois AG Reaches Settlement With Cos. Over Payday Loans
• SEC Taps Kirkland Partner As New PCAOB Chair
• Lenders Seek Toss Of 'Frivolous' $51M Mortgage Rates Case
• 5 Antitrust Lessons For Fintech Counsel In A Hot Market
• Federal Reserve's Quarles To Step Down By Year-End
• Confronting Origination Credit: How Firms Can Redo Policies
• Disability Claim Ruling Holds ERISA Fiduciary Duty Lessons
• Justices Pass On Bid To Curb SEC Role In AML Enforcement
• PG&E Investors Get Final OK On $2.5M Fees For $10M Deal
• Banks Brandish Odd-Lots Win In Treasuries Antitrust Fight
• 3rd Circ. Preview: Gun Ad Probe, 'Joke' Tweet Mark November
• Morgan Stanley Unit To Settle Claims It Exposed Client Data
• EV Truck Maker Rivian's Potential $9.9B IPO Tops Deep Lineup
• Dozens Of State AGs Probe Rent-A-Center's Fintech Unit
• JPMorgan Sued In Del. For Docs On $920M DOJ Settlement
• Latham, Skadden Rep $291M Russian Real Estate Listings IPO
• How To Comply With ABA's New Language Access Guidance
• SEC Senior Counsel Named Head Of Whistleblower Office
• Jackson Walker Nabs Ex-Thompson & Knight Real Estate Duo
• Incorporating Safeguards For CFPB Info Request Targets
• UK Litigation Roundup: Here's What You Missed In London
• Feds Aim To Hone 1MDB Evidence At Ex-Goldman Exec's Trial
• Shoppers Say Sephora's Data-Sharing Violations Are Ongoing
• CFPB's Chopra Warns On 'Sloppy' Consumer Report Matching
• Gensler To Attys: Don't Help Crypto Cos. Hide From The SEC
• Ex-OCC Chief Brooks Heads To Bitfury After Binance.US Exit
• Orrick Brings On Goldman's Former Head Of Litigation
• Cooley Pilots Personal Finance Co. NerdWallet's $131M IPO
• Malaysia Beats Deadline To Fight $1.4B 1MDB Award 'Fraud'
• Credit Suisse Axes Prime Broking After $5.1B Archegos Loss
• Biden Orders Nearly 300 Fed. Gov't Cyber Weaknesses Fixed
• OCC's Hsu Backs Bank-Like Oversight For Larger Crypto Cos.
• Ransomware Crews Seizing On Merger Info To Bolster Attacks
• SEC Gets Default Win Against Ga. Firm In $3.3M Fraud Case
• Bank Scheme Ruling Spotlights Clash Over Limits Of Fraud
• How To Minimize FCA Cyber Fraud Enforcement Risk
• Willkie Creates New Office Managing Partner Post In NY
• Norton Rose Adds Mayer Brown Finance Pro As Partner
• Best Practices For Hiring And Integrating Freelance Lawyers
• UBS Hit With Forex Rigging Suit In UK
• Arnold & Porter Adds 4 Attys In Chicago, London, Denver
• NY Banking Agency Pitches New CRA Data Reporting Reg
• Teligent's Creditors Decry 'Skewed' Bankruptcy Financing
• Sens. Pressed For Legacy Libor Fix As Litigation Risk Looms
• SIFMA Hails SEC's Decision On Audit Trail Cyber Liability
• TD Bank To Pay $4.25M To Resolve Overdraft Fee Suit
• Crypto Mining-Linked Products Weren't Securities, Jury Finds
• Wells Fargo Seeks Ax Of Investors' Ponzi Scheme Suit
• Questions To Ask If Doing Business In A Corruption Hot Spot
• AMC Investors Want Initial OK For $18M Deal In Securities Suit
• US Treasury Eyeing Foreign Crypto Activity, Official Says
• Feds Trim $350M Money Laundering Case In Extradition Pact
• Lieff Appeal In Overbilling Row May Be Futile, 1st Circ. Says
• Saks, Lord & Taylor Shoppers Want $2M Hacking Deal OK'd
• Regulators Urge Congress To Act On Stablecoin Risks
• IPO Market Could End 2021 With A Furious Finish
• SBA Tells 7th Circ. Strip Clubs Can't Get PPP Loan Relief
• OCC Warns Ex-Bank CEO's Appeal Bid Could Unleash 'Chaos'
• Embracing ESG: Cognizant Counsel, CSO Talk Collaboration
• Auditor Wants Out Of Suit Over $789M Ponzi Scheme
• Davis Polk Guides Nubank's Plans For $3B Market Debut
• Herbert Smith Snags Sr. Finance Attys From Hogan Lovells
• BitMEX Bosses Can Wait To Reveal AML Trial Strategy
• As Social Impact Becomes The Test, Firms Asked To Step Up
• The 2021 Law360 Pulse Social Impact Leaders
• Social Impact Leaders: A Look At Our New Law Firm Ranking
• HSBC Escapes Currency Firm's UK Forex-Rigging Suit
• Barclays CEO Staley Resigns Amid Probe Into Epstein Ties