Banking Archive » February, 2022

Banking - February, 2022

254 articles

• Trumps Appeal Order To Sit For NY AG's Depositions
• BitMEX Founder Can't Dodge Trial Over Anti-Laundering Laws
• Privilege Doesn't Apply To Bigamist's Docs, 1MDB Judge Told
• Congolese Mining Co. Chases Assets In $16.7M Award Fight
• McGlinchey Hires Former State Bank Regulator From Dentons
• SEC, Ameritas Agree To $4.6M Deal Over Disclosure Issues
• The Battle To Confirm Ketanji Brown Jackson
• Barclays, Kuwait Seek Halt Of $85M In Madoff Clawback Suits
• Cooperative Ownership Can Help Solve Housing Crisis
• Global M&A Market In Limbo As Russian Sanctions Unfold
• MoneyGram Puts $16M Price Tag On Potential NY, CFPB Deals
• Florida Real Estate Roundup: Blockchain.com, PEBB, Sprouts
• 2 More SPACs Pull IPOs Totaling $400M As Withdrawals Mount
• Ukrainian Groups Raise $22.2M In Crypto Donations
• Fried Frank Adds 5 Partners On Heels Of Tax Atty Departure
• Citi Can't Get High Court Review Of Madoff Money Suit
• FNB HQ Developer Says Pittsburgh Utility Overcharging Fees
• Brookfield Buys 60% Stake In Payments Biz Worth $1.15B
• Citi Is Latest To Face SEC Probe Over Unapproved Messaging
• JPMorgan Defends Paying Out In 'Corrupt' $1.1B Oil Deal
• 3 Firms Rep As TD Pays $13.4B For Fellow Bank First Horizon
• Russia Bans Foreign Securities Sales To Stem Capital Flight
• Sberbank Unit 'Failing' As Deposits Pulled, ECB Warns
• Winston & Strawn Snags NY Real Estate Partner
• Party Leaders Vow Open Minds For New High Court Pick
• West Adds SWIFT Exclusion In New Russia Sanctions
• BitConnect Founder Indicted In $2B Ponzi Scheme, Feds Say
• Clerk Says Judge Shouldn't Have Heard BofA Spoofing Case
• How Judge Jackson Beat Out Competition For High Court Nod
• Why Ketanji Brown Jackson Honored This Historic Judge
• Fired XFL Commish's July Trial To Hinge On Player's Hiring
• 1st Circ. Judge Selya Says Jackson Will Be 'Balanced'
• US Sanctions Putin, Other Officials Over Invasion Of Ukraine
• Texas Justices Set Out Method For Process Service On Banks
• NY Bank Regulator Warns Of Russian Cyber, Sanctions Risks
• Biden's Supreme Court Pick Was Star Debater In Miami
• Hitachi Unit, Truist Settle Suit Over Online Banking Outage
• The Key To Turning Solid Briefs Into Winning Briefs
• Court Told Witness Can't Skip Deposition In FBAR Case
• Coinbase Faces Wide-Ranging Compliance Probe In NY
• How CCO Framework Could Have Altered FINRA Charges
• Why Courts Are Skeptical Of Past-Due Pay Status Cases
• Title Insurer Wants BofA's Suit Over HOA Liens Tossed
• UK Litigation Roundup: Here's What You Missed In London
• SEC Probing Goldman's Biz Chats On Unapproved Channels
• Equifax Says CFPB Is Probing Its Consumer Dispute Handling
• FDIC Wins OK To Pause UK Libor Case To Restart US Suit
• 6 Judge Ketanji Brown Jackson Opinions To Read Now
• Biden Nominates Judge Ketanji Brown Jackson To High Court
• London Drops VTB Shares As Russian Banks Feel Sanctions
• One Year After The GameStop Saga, Has Anything Changed?
• Morgan Stanley Says SEC Is Investigating Its Block Trading
• Feds Say 'Total Institutional Failure' Led To 1MDB Docs Foul
• Bofl Investors To Settle Class Action Over Stock Drop
• BitMEX Founders Plead Guilty To Bank Secrecy Act Violations
• Russia Sanctions Bring Compliance Headaches For US Banks
• Fattah Jr. Fights Feds' Challenge To Early Release Bid
• Indian Neobank Raises $100M To Expand Product Offerings
• Fintech Co. iStream To Pay FTC $2.3M, Aid Phony-Fees Probe
• US Sanctions Russian Banks, Tech Exports After Invasion
• Software Maker Says BNY Mellon Stole Automation Program
• Fla. Consumer Says Debt Collection Co. Rejects Debt Disputes
• NY, Fed Fine Pakistan Bank $55.4M Over AML Compliance
• EU To Freeze Russian Assets, Bar Banks After Ukraine Attacks
• CFPB Floats Options For Automated Valuation Model Rule
• Ukrainian Websites Attacked As New Malware Said To Spread
• Ex-Judge Can't Get Obstruction Retrial Over Phone Evidence
• Lenders Urge 9th Circ. To Uphold Convenience Fee Ruling
• Davis Polk Guides Verisk Financial In $515M TransUnion Deal
• Del. Justices Probe Releases In Goldman Sachs Settlement
• HSBC Says CFTC Probing Biz Chats On Unapproved Services
• MoneyGram GC Seeing Digital Adoption Wave
• Latham-Led Tech SPAC Upsizes IPO Target To $275M
• 1MDB Trial At Risk After Feds Admit 'Inexcusable' Doc Error
• JPMorgan Accused Of Aiding Corruption As $1.7B Trial Begins
• Ex-Goldman Execs Skirted Compliance, 1MDB Jury Hears
• FDIC Innovation Chief Warns Of 'Tech Hesitancy' As He Exits
• US Sanctions Russia's Banks, Hampers Financing Options
• Banks' Pandemic Help Offer Rang Hollow, Cardholders Say
• Robinhood Beats Suit Over Payment For Order Flow, For Now
• Ex-Binance.US, Robinhood Compliance Pro Joins Coinme
• Alston & Bird Picks Up Moore & Van Allen Practice Leader
• Swiss OK Extradition Of German Cum-Ex Lawyer, Officials Say
• Justices To Hear Arguments In States' MoneyGram Dispute
• BlackRock Pens Tribute To CRO, And Other People Moves
• CDOs Say US Bank 'Obstruction' Stymied RMBS Claims
• FINRA Taps Lowenstein Sandler For 2019 Arbitration Probe
• 10th Circ. Won't Weigh Class Cert. In Snap Finance TCPA Row
• Infinity Q Investors Sue After Founder's $1B Fraud Indictment
• Walter Dellinger's Little-Known, Outsize Impact On Legal Aid
• Fed Bans Officials From Trading Stock, Bonds, Crypto
• Proposed Class Targets Wells Fargo For Race Bias In Lending
• UK Litigation Roundup: Here's What You Missed In London
• Lawyers In Zinc Price-Fixing Row Secure $3M In Fees
• GOP Bills Would Curb CFPB's Push For Small Biz Loan Data
• Pot Biz Org Tells Congress Bank Bill Vital For COVID Recovery
• Tribal Officials Urge Justices To OK Arbitration In Loan Suit
• Ocwen To Pay $1.5M To Settle Claims Over Recorded Calls
• Why I'll Miss Arguing Before Justice Breyer
• What To Expect From FTC Unfair, Deceptive Acts Rule Plans
• Binance.US Taps Ex-SocGen Compliance Pro As New CCO
• Comerica Says It Is Facing CFPB Investigation
• Veteran Cyber Prosecutor To Lead DOJ's New Crypto Team
• Practical Implications Of SEC's Enforcement Policy Shift
• Trump, Children Must Testify In NY AG's Business Probe
• Nasdaq Wants SEC To Level Playing Field With Dark Markets
• Wells Fargo Fired Exec For Aiding In SEC Probe, Suit Says
• Defendant In $350M Bribe Case Helped DEA, Filing Shows
• Ex-Goldman Honcho Tells Jury Of Brazen 1MDB Corruption
• US Banks Seek Flexibility In OCC Climate Risk Proposal
• Pot Attys Org. Enters ABA Debate On Money Laundering Rules
• CFPB Revamps Its Rule Suggestion Box To Boost Public Input
• Crypto Giants Form Group To Address Money Laundering
• Did The SEC Get GameStop Wrong? Some Academics Say Yes
• FTC Chair Says Bank Mergers Hurt Communities, Small Biz
• Exiled Chinese Billionaire Files For Bankruptcy In U.S.
• SEC Says Bitcoin Ponzi Schemer Still Owes $40M
• Citibank Wants To Exit NJ Law Firm's $119K Fraud Suit
• Latham Adds Orrick Herrington Fintech Expert In DC
• Recent Rulings Show Lawyer Criticism Of Judges Is Perilous
• 4th Circ. Says PNC Bank Can't Force Home Loan Arbitration
• Lebanese Bank Wants $100M Freezing Order Lifted
• Draft Bill Would Make OCC A Top Stablecoin Regulator
• Takeaways From DOJ Fraud Section's 2021 Year In Review
• SEC Fines A Dozen Firms For Reg BI Violations
• Ex-Goldman Sachs Workers Win Class Cert. In 401(k) Suit
• 2 Firms To Lead Chancery Suit Over $500M Rocket Stock Sale
• Biden's Fed Nominees Held Up As GOP Sens. Sit Out Vote
• 'Consummate Fraudster' Sentenced For IndyCar, Other Scams
• Pa. Panel Rules Workers' Disability Evaluation Constitutional
• Breyer's Role In Courthouse Design Sets A Judicial Template
• Abrams Fensterman Adds Criminal Defense Group Chair
• 5 Firms Guide Madison Dearborn's $1.8B MoneyGram Buy
• CFPB Enforcement Is Down, But The Lull May Not Last Long
• Ex-Goldman Banker Looted Millions From 1MDB, Jury Hears
• On Remand, Synchrony Can't Escape Investors' Amended Suit
• Wells Fargo Dodges Plane Crash Liability Suit, For Now
• Mazars Drops Trump Amid NY Suit, Calls Financials Unreliable
• 2nd Circ. Says Swapped Libor Plaintiff Lacks Standing
• Chicago Alderman From Daley Family Convicted Of Fraud
• Crypto Miners Likely Free From Reporting Rules, Official Says
• Sports Media Co. Says Chubb Unit Must Cover Employee Theft
• Paul Hastings Snags Covington's Former Securities Co-Chair
• Freddie Mac Hires Wells Fargo Alum As GC
• FisherBroyles Nabs Stinson Real Estate Atty In Dallas
• Cannabis Services Biz Valued At $327M In Go-Public Deal
• BlockFi To Pay SEC, States $100M Over Crypto Lending
• Briton Accuses US Of Entrapment In $150M Wire Fraud Case
• Bank Of America Snags Early Win In FHA Lending Bias Suit
• Credit Suisse To Pay $81M To Exit Stock Loan Antitrust Suit
• Credit Suisse Investors Ink $25M 'Icebreaker' Rate Swaps Deal
• Think Finance Inks $44.5M Deal To End Class's Usury Claims
• FINRA Fines Ex-Interactive Brokers CCO Over AML Lapses
• Del. Court Sends CFPB's Student Loan Trust Suit To 3rd Circ.
• 4 Emerging Trends To Watch In COVID-19 Fraud Enforcement
• 4th Circ. Won't Nix $3M Deal For Illegal Foreclosures Suit
• Ex-Goldman Exec Says Feds Hid Evidence In 1MDB Case
• Seizure Order In 1MDB Case Must Be Nixed, 9th Circ. Hears
• Florida Real Estate Roundup: 710 Edge, Abanca, Treo Group
• Convicted Email Spoofer Gets 7 Years In $10M Fraud Ring
• CFPB Data Tracking Could Raise Lenders' Regulatory Risk
• 2nd Circ. Libor-Rigging Reversal Is A Boon For Defendants
• Hinshaw Hires Former Parker Ibrahim Litigation Partner
• UK Litigation Roundup: Here's What You Missed In London
• Bank Group Tells DOJ: Merger Policy Ain't Broke, Don't Fix It
• Banks Dodge Naked Shorting Claims But Not Spoofing Suit
• How An Elusive Superyacht Cost A Bannon Ally $134M
• IP Forecast: 9th Circ. To Hear Copyright Row With Shyamalan
• BofA Bailed On Pandemic Overdraft Fee Pledge, Suit Says
• Ex-OCC Senior Official Joins Bitfury As Top Lawyer
• DC Circ. Mulls CFPB Bid To Undo PayPal Fee Disclosure Win
• Customs Broker Arrested On Wire Fraud, Tax Evasion Charges
• 3 Firms Guide Binance's $200M Forbes Investment
• SEC Seeks To Kill Rules That Could Limit Tipster Award Sizes
• Aetna Ordered To Pay More For Mental Care In ERISA Suit
• 5 Coming Trends To Watch For In Intra-EU Investment Claims
• CFPB Fights To Revive Mortgage Service Suit Against Ocwen
• Deutsche Zaps RMBS Trustee Claims After 'Champerty' Ruling
• 1st Circ. Backs Sanctions Against Lieff Cabraser In Fee Tiff
• Ariz. Firm Gets Bulk Of $370K Fee Bid In Mass. FCRA Case
• FINRA Eyes Meme Stock Fallout In Latest Exam Findings
• FINRA Report Rips Firms For 'Reg BI' Lapses
• Investors Seek Class Cert. In Bank-Aided Ponzi Scheme Case
• 7 Firms Rep As Trio Of Blank Check Cos. Raise $325M
• Philippines Digital Bank Tonik Raises $131M For Expansion
• Judge Prohibits DOJ From Giving Wells Fargo Docs To IRS
• Stablecoins Are A National Security Asset In The Digital Age
• Chamber Calls On US To Lead On Digital Trade Agreement
• Commerzbank Settles RMBS Suit Against US Bank
• CFTC Chair Asks Lawmakers For More Crypto Authority
• FDIC Promotes New GC, Others After McWilliams' Departure
• Real Estate Rumors: Terra, Bison, WeWork
• Connell Foley Adds Real Estate, Corporate Team Of 3 In NJ
• BigLaw Must Nix All-Or-Nothing Work Model To Retain Talent
• Expect More Robust PCAOB Enforcement This Year
• FDIC Wants UK Libor Rigging Case Paused After US Revival
• Former Warburg Banker Gets 3½ Years For Cum-Ex Fraud
• OCC Beats State AGs' Valid-When-Made Rule Challenge
• FinCEN Is Asked For Clarity, Exemptions From Shell Co. Rule
• DC Circ. Puzzled By Ex-CEO Bid To Review Comptroller Order
• Whistleblower Attys Launch Firm For SEC, CFTC, IRS Tipsters
• Compliance Hires Of '22 Reflect US Cyber, Corruption Focus
• Meta, Digital Banker Chime Sue To Stop Alleged Phishing Ploy
• Chicago Alderman Not A Tax Cheat, Just Sloppy, Jury Told
• Fintech Co. To Settle DC's High-Cost Lending Suit For $3.8M
• Biden's Supreme Court Nominee Should Have 5 Key Qualities
• High-Living Fla. Private Equity Boss Cops To $140M Fraud
• Rocket Holdings, CEO Sued In Del. Over Stock Sale Claims
• Troutman Pepper Nabs Ballard Spahr Consumer Finance Attys
• FDIC Head Says Community Lending Rules A Top Priority
• GOP Sen. Toomey Questions Fed Nominee's Fintech Ties
• Real Estate Rumors: Equus, Delta Galil, DMG Properties
• IP Owner, PNC Cut Deal After Albright Bemoans Eligibility Law
• Ex-Chicago Banker Gets Year In Manafort Loan Bribery Case
• SEC Is Pushing Boundaries In Insider Trading Enforcement
• Sullivan & Cromwell Leads Fiserv's $650M Finxact Acquisition
• FINRA, Wells Fargo Say 2019 Arbitration Wasn't Rigged
• TD Bank's Land Purchase Sinks Redeveloper's Property Claim
• Hogan Lovells Lands Ex-Reed Smith PE Partner For NY Team
• Law360 Seeks Members For Its 2022 Editorial Boards
• Chicago Alderman Set To Defend Fraud Charges At Trial
• NFTs Might Fall Under FinCEN Regs, Treasury Says
• Split 9th Circ. Nixes DeVos' Subpoena In Student Loan Suit
• Chase Calls Trump Ally's Bank Docs Fight 'Purely Theoretical'
• Convicted Spoofers Say Libor Reversals Support Their Appeal
• Cannabis Bill Roundup: SAFE Banking Passes House — Again
• JPMorgan Chase Faces Racial Bias Suit From Texas Doctor
• FDIC Urged To Stop Banks From Enabling 'Predatory' Lenders
• 3 Firms Guide Cannabis-Focused Silver Spike For $85M IPO
• UK Litigation Roundup: Here's What You Missed In London
• FDIC's McWilliams Flags Polarization, Urges Crypto Progress
• Ex-CFTC Special Counsel Joins Jones Day's DC Office
• Feds Say Verizon Worker Put Boats, Steak On Corporate Card
• Key Biden Fed Pick Pushes Back On GOP Climate Concerns
• Payment Co. Tells Justices Its Case Is 'Perfect' To Clarify Alice
• Sichenzia Steers Real Estate SPAC's Downsized $115M IPO
• Paxos Hires Former Block Atty As Global General Counsel
• Fed Nominee Raskin Aims To Cool GOP Heat At Confirmation
• Investor Actions Plunged In '21 Though A SPAC Boom Looms
• Court Denies Security Co.'s Bid To Stop Pot Cash Seizures
• Biden Nominates Michigan District Judge To 6th Circ.
• The Flaws In The Traditional Approach To Hiring A Law Firm
• Kennedy Wilson-Goldman JV Drops $107M On Seattle Tower
• Applying The Latest Guidance On CCO Liability
• Maltese Bank Loses Challenge To ECB Ban Over Iran Woes
• Libor Reversal Draws Fine Line Between 'Wrong' And Fraud
• Capital One's $190M Data Breach Deal Gets Consumer Push
• Credit Suisse Can't Beat Forex Price-Fixing Suit Before Trial
• Chancery Settlement Sought In $15B Student Loan Trust Fight
• FDIC Needs A State Banking Regulator On Board, Sens. Told
• NYDIG Helps Cos. Offer Bitcoin As Part Of Paycheck
• Axos Financial Strikes $900K Deal To End Investor Suit
• Key Housing And Mortgage Lending Trends For 2022
• Clark Hill Enters Phoenix By Combining With 18-Atty Firm