Banking Archive » July, 2022

Banking - July, 2022

268 articles

• The 2022 Regional Powerhouses
• GOP Lawmakers Scrutinize CFPB 'Conspiring' With State AGs
• Mass. Man Admits To $1.2M COVID-19 Relief Fraud
• JPMorgan Trader Missed 'Memo From Al Capone,' Jury Hears
• FDIC Warns Banks On Crypto Partners' Insurance Disclosures
• Calif. Judge Orders Solar Panel Co. To Pay $6M In Fraud Suit
• SEC Seeks To Boost FINRA Oversight Of Proprietary Traders
• Finance Co. Urges Court To Greenlight Defamation Claim
• DOJ, CFPB Stress Military Compliance For Auto Finance Cos.
• UK Litigation Roundup: Here's What You Missed In London
• FDIC Says Voyager Misled Users About Deposit Insurance
• NY Bank Regulator's Top Rule For Crypto Cos.: No Surprises
• 11th Circ. Kills Appeal Over FleetCor Fuel Card Fees Suit
• Ex-BofA Trader Avoids Prison For Spoofing Treasury Notes
• Senator Asks Apple, Google For Info On Fake Crypto Apps
• JPMorgan Team Conspired To Spoof Metals Market, Jury Told
• Why The SEC's Rejection Of A Bitcoin ETF Was Spot On
• A Look At CFPB, State Regulator Crackdown On 'Junk Fees'
• Former Goldman Banker 'Shocked' By Insider Trading Arrest
• Jones Day Adds Financial Markets Atty In DC
• CFPB Fines US Bank $37.5M Over Unauthorized Accounts
• 7th Circ. Won't Revive Cboe Investors' VIX Manipulation Suit
• JPMorgan, UBS Among 3 Fined By SEC Over ID Theft Controls
• Ex-JPMorgan Atty's Firing Maybe Was Retaliation, Rakoff Says
• House Lawmakers Say Stablecoin Bill Could Land In Sept.
• Gensler Says SEC Reviewing Auditor Independence Rules
• SEC's Gensler Defends Agency's Crypto Accounting Memo
• Ex-Premium Point Exec Who Assisted Feds Avoids Prison
• How Lawyers Can Set Ethical Boundaries Post-Pandemic
• Real Estate Rumors: Haya, Adams, National Bank Of Greece
• NY Firm Beats Cybersecurity Co.'s $5M Malpractice Suit
• Mortgage Co. To Pay $22M In 1st Of Its Kind Redlining Deal
• From Crypto To Apps, CFPB's Chopra Has Payments In Focus
• Senate Bill Would Streamline Taxes For Payments With Crypto
• UBS Says It's Part Of Big-Bank Electronic Messaging Probe
• TD Bank Customers Want $2.2M Deal To End Credit Card Suit
• AmEx Attys Waited Too Long To Collect Debt, Calif. Panel Told
• Wawa Inks $8M Deal With State AGs Over Data Breach
• CFTC's Relief Extension To Chinese Exchange Draws Protest
• A Lawyer's Guide To Collecting Fees From Nonpaying Clients
• Hyundai To Pay $19M In CFPB Credit Reporting Settlement
• 'Lottery Lawyer' Convicted Of $80M Fraud
• Squire Patton Boggs Hires Ex-Life Insurance Co. GC
• Blackstone Lands North Of $4.7B For Recent PS Buy
• BofA Gets Title Insurance Suit Sent Back To State Court
• These Law Firms Have The Most Diverse Equity Partnerships
• HNA Must Pay $185M Park Ave. Skyscraper Arbitration Award
• Abri SPAC Calls Off Merger With Crypto Exchange Apifiny
• Education Loan Co. Will Pay $3.2M To End Class Action
• Benchmark-Rigging Suit Inks Additional $22.5M In Settlements
• Bank Wants Cannabis Co.'s Early Win Bid Nipped In The Bud
• 'Lottery Lawyer' Trial Wraps Up With Arguments On Intent
• Modoc Tribal Leaders Say Loan Claims Belong In Arbitration
• 9th Circ. Won't Revisit Ruling That Revived $92M RICO Suit
• Testy Tilton Questioned On Taxes, Investing In Fraud Trial
• How Lawyers Can Benefit From TikTok Without Being 'Cringe'
• Ex-FBI Trainee Stole Stock Tips From Atty Girlfriend, Feds Say
• Latham Can't Shake Russian Bank As Client In Jet Crash Suit
• Class Backs Atty Fee Bid In $68M Morgan Stanley Privacy Deal
• Barclays Sets $17.6B Buyback Of Securities Sold In Error
• Ex-GOP Congressman, 8 Others Charged With Insider Trading
• Law360's Diversity Snapshot: What You Need To Know
• Ga. Counties Say Wells Fargo Fair Housing Suit Isn't Too Late
• NJ Adviser Pays $5.8M SEC Fine In Wrap Fee Settlement
• 11th Circuit Weighs Reviving BB&T Missing Cash Suit
• Citigroup, Law Firms Targeted In $300M Racketeering Suit
• DC Circ. Says Agencies Must Allow Comments Before Rule Ax
• NY Landlord Ducks Jail After $500M Fraud Case Implodes
• 5th Circ. CFPB Ruling Means Challenges For Federal Agencies
• Dollar Bank Pins Blame On Crypto Broker In $4.3M Scam Suit
• How The FTC Is Imposing Monetary Remedies Post-AMG
• 3rd Circ. Backs $1M FBAR Penalty Against Ex-Pharma CEO
• Credit Biz Owner Drops Process Server Harassment Claims
• How Foreign Cos. Are Easily Hauled Into US Bankruptcy Court
• Class Wants Initial OK For $5M TCPA Deal With Snap Finance
• Producer Gets 21 Years For $69M Film Financing Scheme
• Ga. Judge Suggests Baker McKenzie DQ In Russian Bank Row
• Freddie Mac Taps Ex-Santander Pro, Fed Atty As CCO
• UK Litigation Roundup: Here's What You Missed In London
• Spanish Authorities Hold German Banker On Cum-Ex Charges
• Judge Says Ex-Banking CEO's $1.6M Payout Bid Should Fail
• Alleged Ponzi Schemer Can't Undo SEC's Default Win
• Ex-RBS Unit Worker Loses SEC Whistleblower Bid At 2nd Circ.
• Treasury Unit Dings Okla. Bank Over WMD Sanctions Violation
• GOP Sens. Blast Gensler's Response To Climate Query
• HNA Wants $185M Park Ave. Skyscraper Award Nixed
• Contractor Urges 9th Circ. To Uphold Sanctions On Tribal Co.
• GOP Lawmakers Ask SEC To Kill Crypto Accounting Bulletin
• Must Your Client Pay An Opponent's Expert For Prep Time?
• Investors To Explore Standing In Deutsche Bank Spoofing Suit
• Dems Urge CFPB To Bolster Payment App Fraud Protections
• Squire Patton Adds Corporate And Financial Services Attys
• BofA Loans $77M For 5 New York Properties
• Equifax Buys Immigration Case Management Tool LawLogix
• Deals Rumor Mill: SoftBank, Porsche, ConocoPhillips
• AGs, FTC Recover $34M For Defrauded US Service Members
• Credit Suisse, Feds Eye $23M Restitution In Mozambique Case
• Calif. Man Cops To $20M Tax Refund Fraud For Pro Athletes
• Famed NY Atty Shargel Remembered For Intellect, Mentorship
• Bill Would Add To Those Required To Report Suspect Dealings
• 2nd Circ. Won't Revive BofA, Morgan Stanley Spoofing Case
• Food Truck Owner Charged With $1.5M COVID Relief Fraud
• FHFA Director Talks Volatile Housing Market During Hearing
• CFPB Wants Bond Co. Sanctioned Over Discovery Order
• Crypto Miner And SPAC Cancel Plans For $294M Merger
• Russia Partially Lifts Ban On Forex Trading By Western Banks
• Ex-JPMorgan Atty's Retaliation Suit Headed To A Fall Trial
• Credit Union Must Face Suit Over Overdraft Notice
• SEC Tipster Awards Slow After Record Year
• 5th Circ. Urged Not To Rehear SEC In-House Courts Challenge
• Treasury Asks Judge To Nix Fannie, Freddie Investor Suit
• SEC Enforcement Chief Pressed On ESG, Crypto Cases
• Deutsche Bank Investors Seek Cert. In Suit Over Epstein Ties
• PetroSaudi Says $380M Award Remains Off-Limits To US
• US-Picked Arbitrator Is Challenged In Money Laundering Fight
• JPMorgan Wants Quick Win In $162M Tesla Stock Warrant Suit
• Mega Millions Winner Says 'Lottery Lawyer' Hid 'Red Flags'
• Debt Relief Firm Accused Of Scheme Involving Hired Attys
• Who Owns Crypto In Ch. 11? A Trillion-Dollar Question
• Wells Fargo Had No Duty To Spot Fake Check, Judge Says
• Bar Exam Policies On Menstruation Still Fall Short
• Ill. Insurance Department Seeks $4M In Wire Fraud Coverage
• Fed Pitches Rule To Aid Libor Transition For Legacy Contracts
• Boxing Promoter No-Shows For Ponzi Scheme Trial
• Spencer Fane Continues Houston Growth With 6 New Attys
• CFTC Grants 2 Extra Months For Climate Risk Comments
• Senators Debate New Forfeiture Powers Amid Ukraine War
• BofA Asks NC Judge To Nix Cardholders' Forex Rate Suit
• Chase Claims Eyewear Cos.' $272M Fraud Suit Is Time-Barred
• Apple Unlawfully Monopolizes Mobile Wallet Market, Suit Says
• Turkish Man Pleads Not Guilty In $1B Tax Credit Fraud Case
• Credit Suisse Pays FDIC $19.35M In Colonial Bank RMBS Deal
• SEC Seeks Final Judgments Over $7B Stanford Ponzi Scheme
• Pakistani Man Sues US Over H-1B Visa Process Delays
• Mayer Brown Task Force Tackles Residential Market Stress
• Equitable Financial To Pay $50M To Investors In SEC Deal
• Federal Housing Agency Seeks Public Input On Fintech
• 3rd Circ. Upholds Convictions In $12M Mob Extortion Scheme
• FBI Warns Fake Crypto Apps Defrauded Investors Out Of $42M
• US Treasury Glitch Led To $472M In Uncollected Debt
• Investment Bank Sues PE Firm For $2.6M In Unpaid Fees
• Australia's Suncorp Sells Banking Biz For $3.3B
• Paul Hastings Adds Ex-Latham Finance Team In London
• BofA To Pay $200M As SEC's Messaging App Probe Deepens
• Keys To Crafting Hybrid Work Policies At Law Firms
• Judge Won't Revive $75M Verdict For Ousted Marine Co. CEO
• Fed's New Bank Regulatory Chief Has A Lot On His Plate
• FINRA Cheating Cases Put Remote Test-Takers On Notice
• Trump's Testimony Delayed In NY Probe After Ex-Wife's Death
• OFAC Fines Amex For Missing Red Flags About Drug 'Kingpin'
• Your AI Program Probably Isn't A Person In A Court Of Law
• Skadden, Kirkland Steer Asian Fintech Firm's $125M US IPO
• Bolivia Must Pay $105M In Pension System Fight
• Cannabis Bill Roundup: House OKs SAFE Act For 7th Time
• Former Russian-Controlled Kazakh Bank Escapes Sanctions
• Disclosure Strategy After BIS Export Control Policy Update
• UK Litigation Roundup: Here's What You Missed In London
• Fed Reserve OIG Clears Powell, Clarida Of Improper Trading
• Ropes & Gray Taps Paul Weiss Atty For Securitization Group
• Celsius CEO Blames Ch. 11 On Crypto Crash, 'Poor Decisions'
• Feds' Witness Accused Of Lying In JPMorgan Spoofing Trial
• Jones Day, ArentFox Guide $104M Loan For Fla. Development
• A Close Look At The Decentralized Effort To Tax Digital Assets
• Tips For Handling Audio Data In E-Discovery Post-Pandemic
• Ch. 11 Cheat Sheet: Celsius Network LLC
• Whistleblower Strikes At Mortgage Co.'s Defense In FCA Row
• Credit Suisse Strikes $13.7M Deal With Investors In Libor Case
• SEC Pushed Musk Over Unlabeled Tweets On Twitter Deal
• Real Estate Rumors: Westbrook, Intel, Thorofare Capital
• Lamb McErlane Adds Philly-Area Firm, Expands Into NJ
• Bank Regulators Fine BofA $225M For Pandemic Relief Lapses
• Deals Rumor Mill: Stripe, Presidio, Freshippo
• Crypto Lender Celsius Files For Ch. 11 Amid Market Downturn
• Senate Democrats Say Fed Ethics Rules Need 'Real Teeth'
• Crypto Issues Grow, Mediation Over Abuse OK'd In Ch. 11
• How Congress Is Reshaping Its Role In Economic Sanctions
• Class Member Rips $20M Fee Bid In Morgan Stanley Deal
• Senate Confirms Michael Barr As Fed's Supervision Vice Chair
• Linklaters Snags 2 Finance Partners From Alston & Bird
• JPMorgan Desk Did What It Took To Profit, Ex-Trader Says
• CFPB Says Payday Lender Hid Free Repayment Plans
• Wis. Tribal Co. Abandons $250M RICO Suit Against Fintech
• NY Moves To Restrict Some Overdraft Fee Practices At Banks
• JPMorgan Seeks Exit From Frozen Benefits Suit
• Buy-Now, Pay-Later Cos. Zip And Sezzle Cancel $330M Merger
• 2 Asset Managers Charged In $1.2B Venezuelan Oil Co. Fraud
• Lithuania Says $300M Bankas Snoras Claim Has Been Tossed
• Credit Suisse Wants Delisted Exchange-Traded Note Suit Axed
• Crypto Bill Would Put Energy Use Of Digital Assets In Context
• Strategies For Effectively Marketing Law Firm ESG Practices
• Browder On SLAPPs, Sanctions And Dirty Money In The UK
• LendingTree Downplayed Scope Of Data Breach, Suit Says
• Musk-Twitter Saga In Uncharted Waters, With Ending Unclear
• CFPB Will Issue Small-Biz Lending Data Rule By March 2023
• Calif. Regulator Presses Usury Case Against Fintech OppFi
• Klarna's Valuation Drops To $6.7B As Markets Suffer
• Dechert Hires Ex-SEC Investment Management Counsel
• Cannabis Co. Seeks Early Win In Suit Against Bank
• TransUnion Wants Out Of CFPB Suit Over 2017 Order Violation
• Catching Up With Delaware's Chancery Court
• Wells Fargo, Bank Of America ATMs Hit With Patent Claims
• Agreement Among Litigants Key To Using E-Discovery Tech
• Notes On Social Equity From A Former Cannabis Regulator
• Ex-Dykema Gossett Member Joins Bradley Arant In Dallas
• JPMorgan Metals Desk Cheated Market As A Team, Feds Say
• Feds' De-Risking Guidance May Not Move Needle At Banks
• JPMorgan Traders' Attys. Awarded $20M In Spoofing Case
• Stradley Ronon Picks Up Ex-McGonigle Atty With SDNY Chops
• Crypto Risks Call For Stronger Rules, Fed Vice Chair Warns
• Crypto Co. Celsius Called 'Ponzi Scheme' In Ex-Partner's Suit
• Lender Says Cannabis Co. Can't Duck Suit By Hiding Members
• 7th Circ. Backs Spoofing Convictions Of Ex-Deutsche Traders
• Warren Urges SEC To Push Ahead With SPAC Regulation
• Checking In On DOJ's Promised White Collar Crackdown
• Top SEC Controversies In 2022: Midyear Report
• Notice Woes Pause Action On $31.5M Schwab Suit Deal In Del.
• Cruising Kitchens Gets $100M Boost For Ghost Businesses
• UK Litigation Roundup: Here's What You Missed In London
• Law School Admissions Shouldn't Hinge On Test Scores
• Ex-UN Official Tapped To Preside Over Arbitration Against US
• Consulting Co. Can't Ax Financial Adviser's Contract Claims
• Gov't Workers Can't Hold Crypto And Work On Crypto Policy
• 3rd Circ. Says Pa. Judge Erred In Appointing Bank Custodian
• Crypto Winter Starts, Mediation Sought For Sex Abuse Claims
• Cushman Appeals Contempt Order In NY AG's Trump Probe
• Tracking Class Certification Changes, 1 Year After TransUnion
• JPMorgan Spoofing Trial Set To Open With Rare RICO Charges
• How FTC Proposal Would Tighten Rules On Auto Finance
• Ex-Goldman GC Aids NFL's Dan Snyder In US House Probe
• NC Judge Pares Down Partner Feud Over Mortgage Biz Merger
• Deals Rumor Mill: Merck, Sequoia, Ridgeback
• Robinhood Inks $20M Deal To Settle Suit Over Account Hacks
• DC Circ. Says FDIC Can Review Bankers' 'Golden Parachutes'
• Fattah Jr. Loses Early Release Bid At 3rd Circ.
• Experian Not Responsible For Fla. Consumer's Faulty Report
• Insurer Slams Credit Union's Embezzlement Coverage Claim
• Ex-Chicago Alderman Gets 4 Months For Fraud, False Taxes
• Embracing Revenue Operations For Strong Law Firm Growth
• Ex-OCC Acting Chief, Simpson Thacher Atty Joins Patomak
• SEC Asks Full 5th Circ. To Rehear In-House Courts Challenge
• CFTC Commissioner Calls $6M BNP Deal 'Missed Opportunity'
• MoFo Hires Ex-OFAC Atty From Paul Weiss Ranks
• Cushman In Contempt Over NY AG's Trump Subpoenas
• Nigeria Can't Appeal $1.7B Negligence Suit Against JPMorgan
• Supreme Court Embraces Originalism In 'Momentous' Term
• Pro Say & The Term Discuss A Historic Supreme Court Term
• SEC Can't Play Judge And Jury Of Its Cases, Justices Told
• First Guaranty Mortgage Gets Court OK To Tap $11M
• Flagstar Faces Suit Over Breach Of 1.5M Customers' Data
• After EY Cheating Scandal, Will The 'Big Four' Finally Get It?
• NY Denies Power Plant Air Permit For Crypto Miner Greenidge
• Ch. 11 Cheat Sheet: First Guaranty Mortgage Corp.
• FDIC Finds Some Bankers Miss Having In-Person Examiners
• Bank Wins Private Jet Battle Against No-Show Former Exec
• The Firms That Won Big At The Supreme Court
• The Sharpest Dissents From The Supreme Court Term
• The Funniest Moments Of The Supreme Court Term
• Judge Says Stock Loan Antitrust Class Should Be Certified
• Cannabis Bill Roundup: Pa. Scores Its Own SAFE Banking Act
• BlockFi Nabs $400M Credit Line Amid Crypto Turmoil
• Make Room For Serendipity In Your Legal Job Search
• The Biggest Enviro Policy Moves Of 2022: Midyear Report
• Construction Co. Must Face Georgia Wetlands Pollution Suit
• Tepid Equity Markets Start 2nd Half Of '22 On Shaky Ground
• The Chattiest Justice Of The Term Is ...
• Breaking Down The Vote: The High Court Term In Review
• UK Litigation Roundup: Here's What You Missed In London
• FCA Prepares Phase-Out Of Synthetic Sterling, Dollar Libor