Banking Archive » January, 2022

Banking - January, 2022

263 articles

• Court Says La. Credit Union Must Repay $12M Of Gov't Funds
• Beverly Hills Hotel Owner Says Banks Forced Sale
• Trump Can't Stop Business Dealings Probe, NY AG Tells Court
• SEC Reinstates Ex-Logitech Exec After Accounting Scandal
• Facebook's Diem To Wind Down Due To Regulatory Pressure
• NJ Law Firm Sues TD Bank Over $200K Cyber Fraud Scheme
• Florida Real Estate Roundup: Eden Living, Minto, Terra Group
• Securities Litigation Trends To Watch This Year
• Citibank Whistleblower Seeks Cut Of $400M OCC Penalty
• Keys To Keeping Law Firm Talent Amid The Great Resignation
• Santander Managers Reach $4.25M OT Deal With Bank
• Noncustomers Get Class Cert. In Citibank Robocall Dispute
• DOJ Takes Win In Refugees' FOIA Suit Over BNP Paribas Docs
• GOP Senator Rips 'Omissions' In Biden Fed Picks' Paperwork
• Sacramento's Wells Fargo Suit Wilts After Oakland Pulled Plug
• Fla. Foreclosure Atty Beats Deutsche Bank's Sanctions Bid
• Cannabis Bill Roundup: SAFE Banking Gets Another Shot
• Real Estate Rumors: BH Capital, Weintraub, Kushner
• US Trustee Wants Nordic Aviation To Move Overseas Cash
• Key Takeaways From The New Onslaught Of FCRA Filings
• Phantom Debt Schemers Ghosted Feds, CFPB Says
• PTAB Clears Nasdaq To Seek Director Review Of Axed IP
• NatWest Hit With Investor Class Action Over Spoofing
• Prepare For FTC's Expanded Use Of Gramm-Leach-Bliley
• Elliott To Sell $373M Stake In Former Target Bank Of East Asia
• Perkins Coie Nabs Investment Counsel From Bridgewater
• UK Litigation Roundup: Here's What You Missed In London
• Hong Kong Fines Citi's Asia Unit $45M For Misleading Clients
• Goldman Sachs Fights Class Cert. In 1MDB Shareholder Suit
• Strategies For Coping With Stress In The Legal Profession
• IP Forecast: S&P To Fight Claims Its TM Suit Came Too Late
• Attys Get $3M For Repping Chinese Fintech Firm's Investors
• 5 Breyer Opinions For Financial Services Attys To Know
• The Term: Breyer's Legacy And The Nomination To Come
• SEC Calls Out Private Fund Advisers' Fee, Disclosure Lapses
• SEC Taps Ex-Cravath Partner To Be Corp Fin Deputy Director
• Breyer Retiring As Supreme Court Lurches Right
• Trump Spokesman Fights To Keep Jan. 6 Bank Docs Private
• 2nd Circ. Reverses Deutsche Bank Traders' Libor Convictions
• Labaton Nabs Lead In Honest Co. Investor's Diaper IPO Suit
• Bessemer Trust Favors Proprietary Funds, Class Action Says
• What You Need To Know About Judge Jackson
• Banking Group Of The Year: Sullivan & Cromwell
• Biden At His Side, Justice Breyer Announces Retirement
• Attys Get $2.7M Of $12M Wells Fargo Mortgage Glitch Deal
• Illinois Man Accuses Online Tribal Lenders of Predatory Loans
• Democrats Plan Swift Confirmation Of Breyer Successor
• Court Guts Farmer's Suit Over Biden Loan Relief Program
• NY AG Seeks To Toss Trump's Challenge To Business Probe
• Sullivan & Cromwell, Fenwick Steer $1.4B UBS Fintech Buy
• Chinese Investors Fight Proposed Axing Of EB-5 Fraud Suit
• SEC Seeks To Beef Up Regs On Treasury Trading Platforms
• Crypto Laundering Jumped To $8.6B In 2021, Data Firm Finds
• Meet The Possible Nominees For Justice Breyer's Seat
• Minor Role In NY Gambling Ring Still Merits Prison, Feds Say
• How AI Can Transform Crisis Management In Litigation
• CFPB Puts Financial 'Junk Fees' In Crosshairs
• 7th Circ. Voids Order Allowing PPP Loan Relief For Strip Clubs
• Ex-Goldman Exec's Team Can't Tell Jury About 1MDB Fugitive
• 'Just Do Your Job': Justice Breyer's Legacy Of Pragmatism
• Fla. Woman Says Loan Servicer Chasing Discharged Debt
• Banking Group Of The Year: Quinn Emanuel
• SEC Sacrifices Process To Block New Proxy Adviser Rules
• 5 Breyer Opinions You Need To Know
• Justice Breyer To Retire From High Court
• PE Firms Say New $2.1B Aareal Bid Is 'Best And Final' Offer
• EU Plans Feb. Update Of Noncooperative Tax Jurisdictions
• Feds Win Restraining Order In $6.5M PrivatBank Funds Case
• Attys Say 11th Circ. FDCPA Ruling Could Harm Their Practices
• NY Senate OKs Ex-Obama Adviser To Be Top Financial Cop
• New CFTC Chair Taps Agency Vet To Serve As GC
• Release Opt-Outs Approved In Alpha Latam Ch. 11 Plan Docs
• US Corruption Rating Stalls Amid COVID-Fueled Standstill
• NY Prosecutors Face Rare Probe Of 'Missteps' In $500M Case
• Get Ready For Likely New Sanctions Against Russia
• PTAB To Review USAA Patent In Bank Check Deposit Fight
• Mass. Probes BlackRock, Vanguard In Mutual Fund Tax Sweep
• Supervisor Relationships Are Key To Beating Atty Burnout
• PNC Gets Early Win Over Nursing Mom's Discrimination Suit
• What Stablecoin Industry Can Expect From Congress In 2022
• Banking Group Of The Year: Paul Weiss
• Beyond Big: Smaller, Hyperfocused Firms Still Stand Out
• Tesla Rips 'Rapacious' $162M JPMorgan Suit Over Musk Tweet
• Gensler Says SEC To Fine Tune Cybersecurity Rules
• NY Banking Agency Pick Pledges 'Rigorous' Fintech Oversight
• US Trustee Says Alpha Latam Ch. 11 Disclosure Inadequate
• Latham Lands ESG Experts To Bolster Capital Markets Team
• FinCEN Proposal Would Broaden Suspicious Activity Sharing
• Ex-NY Judge Says Phone Evidence Tainted Obstruction Trial
• Investors Say Attys Flubbed $1.1M Raymond James Claim
• BofA Customer Seeks Class Cert. In Botched Bankruptcy Suit
• BofA Overdraft Fees Deal Nets Class Counsel $25M
• Debt Collection Fraud Suit Over, Judge Says No Harm Done
• Feds Fight 'Overbroad' Probe Into Botched $500M Fraud Case
• Banking Group Of The Year: Mayer Brown
• Stites & Harbison Adds 19 To Atlanta Team From 2 Firms
• K&L Gates Hires Aviation Finance Specialist Atty
• COVID Fuels Top Firms' Priorities In 2022
• The Leaderboard: Tracking A Firm's Litigation Footprint
• Arizona Says No Takebacks Of Pandemic Relief Funds
• 5 Banks Must Face Jury Over Stanford Ponzi Scheme Claims
• EFinancial Seizes On TCPA Safe Harbor To Shake Calling Suit
• Sterling Bank Settles Shareholder Suit Over Lending Program
• SEC Says UBS Representative Stole $6M From Client
• IPO Market Gets Off To A Rocky Start In 2022
• SEC's $37M Tipster Award Is Second Largest Of FY 2022
• Customer Says Dollar Bank Policy Should've Halted $4M Scam
• Fintech-Focused SPAC Leads IPO Trio Totaling $625M
• Swedbank Taps New CCO As Regulatory Cleanup Continues
• Banking Group Of The Year: Davis Polk
• UK Litigation Roundup: Here's What You Missed In London
• Piraeus Bank Nabs €98M Major Stake In Greek Real Estate Co.
• Judge In Citigroup Bond-Rigging Case Says He Held Co. Stock
• Fed Hints At Digital Dollar Approach As Debate Stage Set
• Alpha Latam Lenders Rattle Ch. 11 Plan Sabers Over Releases
• Ex-Portnoy Schneck Atty Launches Age, Disability Bias Suit
• CFPB To Inspect College In-House Lending After Past Abuses
• Green Dot Investors Can't Get Lead Plaintiff Pick Revised
• Ex-Crypto CEO's 'Crass' Bribery Joke Won't Be Shown To Jury
• SEC Rejects Another Bitcoin ETF, Citing Fraud Fears
• OCC Lifts Wells Fargo Add-On Product Consent Order
• Libor Isn't Only Benchmark Transition That Requires Attention
• Flagstar Fined $3.6M By OCC Over Flood Act Compliance
• Make-Whole Claim Lessons From Hertz Bankruptcy Ruling
• Trump Spokesman Loses Bid To Reclaim Jan. 6 Bank Docs
• FINRA Fines Credit Suisse $9M Over Client Protection Issues
• King & Spalding Adds DLA Piper Atty In DC
• CFPB Report Offers Pro-Diversity Tips For Financial Firms
• Goldman Asks To Exit Investor Suit At Heart Of Cert. Battle
• Changes Ahead For Suit Over Miami Beach Hotel
• 5th Circ. Told CFPB Structure Is 'Blatantly Unconstitutional'
• Bank Co. Says Insurers Must Cover Losses After $88M Deal
• CFPB Official Floats Revisiting Earned-Wage Access Guidance
• Congress Passes Puerto Rico Conflicts Disclosure Bill
• SEC's Gensler Targets Private Equity And Hedge Fund Fees
• 'Gold Hawgs' Crypto Exec Hogged Investments, SEC Says
• The Rising Demand For Commercial Litigators In 2022
• Philly-Based Weir & Partners, Greenblatt Pierce Merge
• Ellenoff Grossman, Loeb & Loeb Steer SPAC's $75M IPO
• 3 Cybersecurity Imperatives For Financial Cos. This Year
• Landlord Who Dodged $500M Fraud Rap Wants Feds Probed
• Stanford Urges Justices To Force HSBC To Return Payouts
• NY AG Alleges Financial Misdeeds At Trump Family Business
• Q&A With Anchorage Digital's New Chief Risk Officer
• Texas Justices Revisit Implied-Revocation Rule In Debt Row
• Bank Regulator Group Ends Fintech Charter Suit Against OCC
• Goldman Sachs Loans $128M For Calif. Marriott Resort
• Sen. Brown Aims For Quick Action On Biden's Fed Picks
• Feds, Calif. Sheriff Illegally Seizing Cannabis Cash, Co. Says
• When Fair Notice Precludes Punitive Damages
• Law360 Names Practice Groups Of The Year
• The Firms That Dominated In 2021
• 4 Things To Know About Biden's Latest Fed Picks
• Mass. Community Bank Acquires Cannabis-Related Deposits
• CFPB Gets Payday Rule Rollback Challenge Tossed
• Delaware Suit Means SPACs Will Face Tougher Legal Scrutiny
• Money Laundering Regs Too Unwieldy To Police Art Market
• 3 Firms Guide Pair Of Tech-Focused SPACs Raising $511M
• $50M Gold Price-Fixing Deal Against Barclays, Others OK'd
• UK Litigation Roundup: Here's What You Missed In London
• N. Korean Hackers Stole $400M In Crypto In 2021, Report Says
• Fed's Brainard Backs Light Touch For Small Banks On Climate
• BitMEX Hires Ex-Coinbase GC As New Chief Risk Officer
• OCC Chief Calls For Bank-Like Rules For Stablecoin Issuers
• Pelosi Fights Trump Spox Bid To Return Jan. 6 Probe Docs
• Kirkland-Led Bitcoin Miner Rhodium Eyes $100M IPO
• Tribe-Linked Lenders Hit With 2nd RICO Suit Over Loans
• Ransomware Is Top Of Mind As FinCEN Drafts AML Rules
• Mitchell Sandler Announces 15 New Hires In DC
• How In-House Counsel Can Make The Case For Settling Early
• Defining Debt-Threat Letter Class A Tall Order, Court Told
• Worker Says Wells Fargo Scared Her Out Of COBRA Coverage
• Navient Reaches $1.85B Deal To End Student Lending Probes
• Fla. Firm Settles Escrow Funds Case With Former Client
• Capital One Hit With Chancery Suit Over Data Breach
• GOP Bill Would Ban Digital-Dollar Consumer Accounts At Fed
• More Than A Dozen Firms Aided 2021's Top Hospitality Deals
• Big Banks Craft Climate Frameworks Amid Talks With OCC
• 2nd Circ. Nixes Benefits Suit Over 9/11-Linked PTSD
• SEC, Adviser Strike $1.2M Deal Over Fee Reporting Lapses
• To Retain Talent, GCs Should Prioritize Mission Statements
• E-Trade To Pay $350K After FINRA Flags Oversight Weakness
• Inherited IRAs, Trusts Can Be Garnished, Pa. Panel Says
• EU's Hands Tied On FATCA Deal Changes, Gentiloni Says
• Fed's Powell Sees Climate Stress Tests As 'Important Priority'
• Hong Kong Co. Hit With $5.2M OFAC Fine Over Iran Dealings
• Manafort Bank Pal Denied Acquittal Of Bribery Conviction
• SEC Fines Overstock Unit Over Dark Pool Rule Violations
• Ex-Trump Official Must Face Bulk Of $9M Fraud Suit
• Anticipate Another Busy Year Of M&A Activity
• 'Dean' Of Banking Law: Attys Remember A&P's John Hawke
• Wawa Workers Don't Want Release In $12M Data Breach Deal
• Top 10 Whistleblowing And Retaliation Events Of 2021
• Trump Asks Court To Pause NY AG's Probe Pending Suit
• Financial Cos. Must Address Climate Risk As Regulations Near
• JPMorgan Exec Says Prudential Cut Benefits After Car Crash
• High Court Orders Rethink Of $9.7M Award After TransUnion
• 9th Circ. Orders New Fraud Sentences For Atty, Bank Execs
• SEC Urged To Look At Big Picture Before Holding CCOs Liable
• WDNY Judge Fumes At Feds' Missteps In $500M Fraud Case
• Public Records Site Tells 4th Circ. It's Immune In FCRA Suit
• High Court Declines Card Users' Swipe Fee Suit Against Banks
• 2nd Circ. Asked To Revive JPMorgan Iran Hostage Crisis Suit
• PR's Oversight Board Says Unions Still Lack Standing To Sue
• More Securities Class Actions May Rely On Short-Seller Data
• What Retailers Selling NFTs Must Know About Legal Regimes
• Justices Won't Review Revival Of Sibor Price-Fixing Case
• Fed Vice Chair To Step Down Early Amid Trading Scrutiny
• High Court Won't Weigh $425M Equifax Data Breach Deal
• NatWest Names Ex-Linklaters Managing Partner As New GC
• Republicans Slam Gensler For Limiting SEC Comment Periods
• Morgan Lewis Poaches Investment Team From Faegre Drinker
• FDIC Chair's Exit Likely To Boost Biden's Banking Agenda
• Citigroup Staff Must Vax, Or Get The Ax, By Mid-January
• Deals Attys Approach JPMorgan Event Cautiously Optimistic
• 1MDB Trial For Ex-Goldman Exec Reset For February
• Attys Aim To Toss Amended Claims Over Process Service
• Chicago Exchange Awarded $330K In Fees After Antitrust Win
• Tribal-Owned E-Lender Sued Over 'Predatory' High Rates
• Willkie Nabs Partner From Munger Tolles For New LA Office
• Brazil's XP Buys Banco Modal, Valuing It At $528M
• UK Litigation Roundup: Here's What You Missed In London
• FTC Inks Deal To Halt Loan Site's Alleged Data Misuse
• Merrill To Pay $4.5M To End Jay Peak-Related Oversight Claim
• Investors Hit Credit Suisse With Suit Over Delisted Trade Note
• IBM, Samsung Keep Top Spots On Annual Patent Grants List
• Wells Fargo's $40M Deal With Foreclosed Homeowners OK'd
• Loeb & Loeb Hires White And Williams' Securities Group Chair
• Ex-NY Prosecutor In Trump Case Joins McGuireWoods
• SEC Kicks Off 2022 With $13M Tipster Award Tied To Fraud
• Key 2021 Cases On Standing In Product Defect Class Actions
• Squire Patton Snags Financial Services Attorney In Atlanta
• Lender Hit With Fraud Suit For Charging 700% Interest Rate
• Recent Bias Suits Against Law Firms And Lessons For 2022
• SocGen's Car Leasing Unit Bids €4.9B For LeasePlan
• CFPB Calls Out Credit Bureaus Amid Rise In Complaints
• Law Firms Say TD Bank Failed To Detect Staffer Check Scam
• PetroSaudi Expands Appeal In 1MDB Embezzlement Case
• California Man Cops To $50M CD Scam With Bogus Websites
• NY Court Awards $18M In Miami Beach Hotel Developers' Row
• Va. Biz Loses Protest To $2.5B SEC Support Deal
• Home Depot Data Breach Attys Get $11.7M In Fees After Fight
• FTC Nabs $675K Win Against NY Finance Co.
• Discover Unit Seeks Revival, New Judge In Visa Antitrust Suit
• HSBC Reaches Deal To Settle NCUA Suit Over RMBS
• E-Commerce Biz Pine Labs Lands $20M In Additional Funding
• Organizers Of Failed Iowa Festival To Admit Bank Fraud
• Fla. Firm Ends Suit Over $4M Investment Agreement
• Biden Reups Slate Of Nominations, Including FTC, FCC Picks
• Attys Seek $8.1M In Fees In Wells Fargo Foreclosure Deal
• IRS Ditches Fair Market Value Provision In Final Libor Rules
• Veteran FTC Consumer Protection Atty Heads To WilmerHale
• EU Commission Says It Can't Ax Bank Licenses Over Cum-Ex
• Hogan Lovells Adds Jones Day Project Finance Partner In Fla.
• A Look At What's Ahead For Antitrust Enforcement In 2022
• Associate Hiring Outlook At Law Firms Is Bright For 2022
• Can The IPO Market Pull Off Another Robust Year?
• 4 Key Regulatory Areas That Could Weigh On Cos. In 2022
• Fintech Litigation To Watch In 2022
• Banking Litigation To Watch In 2022
• Banking Regulation To Watch In 2022
• Securities Litigation To Watch In 2022
• UK Financial Regulatory Change To Accelerate In 2022