Banking Archive » December, 2023

Banking - December, 2023

250 articles

• Bankman-Fried Inks Pact With FTX Debtors Over Embed Deal
• Ex-Mozambique Finance Minister Can't Duck Tuna Bond Case
• PHH Mortgage Loan Officers Win Collective Cert. In OT Suit
• The Most-Read Legal Industry Law360 Guest Articles Of 2023
• IRS Launches Prefiling Tool For Monetizing Energy Credits
• Paul Weiss Inks Year's Biggest US Commercial Office Lease
• SEC Faces Renewed Petition Over 'Gag Orders'
• HSBC Urges Court To Ax First Citizens' $1B SVB Secrets Suit
• Miami Firm Faces Sanctions Bid After Trial Delay
• ABA Tax Tells IRS To Narrow Digital Asset Reg Definitions
• Co. Still Owed $10.7M In Leaked Secrets Spat, Judge Told
• Real Estate Rumors: Beacon Partners, Blackstone, MetLife
• 10th Circ. Says Ch. 7 Trustee Can Undo 2005 Transaction
• Keep Mortgage Fraudster In Jail While Appealing, Feds Say
• Deutsche Bank Must Face Trader's Malicious Prosecution Suit
• US Bancorp Sued In Del. For Bogus Account Opening Docs
• Ex-Swiss Exec Cops To Helping Dodge Taxes On $60M
• What The 2023 Bank Failures Taught Us, And What's To Come
• How SEC And NY Cyber Reporting Rules Affect Key Industries
• GOP Bill Counters Biden's Immigration Warning To Creditors
• Synchrony Financial Shareholder Attys Ask For $885K Fee
• Feds Urge Justices To Affirm 2nd Circ. In SEC Disclosure Suit
• Deals Rumor Mill: Warner Bros, Blue Origin, Chuck E. Cheese
• Attorneys' Busiest Times Can Be Business Opportunities
• Top New Jersey Cases Of 2023
• Top Ohio Cases From 2023
• College NIL Fight, MLB Settlement Highlight 2023's 2nd Half
• Top Connecticut Cases Of 2023
• 5th Circ. May Not Be Done Axing SEC Rules
• 6th Circ. OKs $7.5M Award Against Ex-Merrill Lynch Broker
• Judge Quickly Rejects SBF's Bid To Delay Sentencing Hearing
• 3 Former US AGs Back Ohio Pol's Bribery Appeal
• SVB Sues FDIC Over $1.9B 'Lawless' Holdback
• The Top Bankruptcy Cases And Issues Of 2023
• Dispute Between BofA, Title Insurer Dropped After Court Stay
• A Difficult Year For CRE, But Future May Be Brighter
• DOJ, CFPB Hit Texas Lender With 1st Predatory Lending Suit
• In The World Of Legal Ethics, 10 Trends To Note From 2023
• AmeriServ Board Suit Tossed Amid Olshan Discovery Spat
• JPMorgan, Crédit Agricole Mostly Lose Rate Rigging Appeal
• Choppy Conditions Tripped Up Capital Markets Again In 2023
• Strategies For Wire Fraud Prevention As Risk Is On The Rise
• 5th Circ. Axes SEC's Stock Buyback Rules
• Axos Bank CEO's Privacy Trial Win Tossed On Appeal
• Interpol Nabs 3,500 Cybercrime Suspects, $300M In Assets
• Wells Fargo Accused Of Race Bias By Ex-Contract Workers
• Regulators Urged To Monitor DeFi Like Traditional Finance
• 14 States File Amicus In Puerto Rico Utility's Bond Fight
• Justices Urged To Weigh If Syndicated Loans Are Securities
• Fla. Judge Tosses Airline's Defamation Suit Against Chase
• Menendez Co-Defendant Seeks Delay In Bank Fraud Trial
• Fed Warns Justices Of Pandora's Box In Debit Card Fee Case
• 2nd Circ. Backs Madoff Trustee's $19M Clawback Award
• FTX Inks Deal With Bahamas Liquidators On Customer Claims
• Real Estate Rumors: Monadnock, RFR, PGIM
• Fed's New Swipe At Debit Fees Stirs Up Dilemma For Banks
• SEC, NY Cybersecurity Rules Create Complexity For Insurers
• Atty Who Led Tax Lien Investment Firm Charged With Fraud
• How Attorneys Can Be More Efficient This Holiday Season
• Top 10 Whistleblowing And Retaliation Events Of 2023
• Freshfields Hires Ex-CFIUS Leader As Senior Adviser
• CFPB, OCC Order US Bank To Pay $36M Over COVID Benefits
• NY Judge Says Trump's $1M Expert 'Lost All Credibility'
• MDL Judge Refuses To Certify Class In Rate-Swaps Suit
• CFTC Wins OK For $2.7B Binance Deal, $150M Zhao Payout
• Judge Says Loan Co. Head Poses Clear Threat To Public
• Crypto Co. DCG Wants $1.1B Subsidiary Bankruptcy Suit Axed
• AmeriFirst DIP Faces Continued Pushback Despite Tweaks
• Client Says Firm's $3M Liability Is Clear, No Trial Needed
• Reverse Mortgage Lender Can't Ax Fees Suit, Judge Says
• Wells Fargo Resolves Ex-Worker's Age Discrimination Suit
• Pandemic Watchdog Repeats Call For Time Extension
• FTX Ch. 11 Plan Proposes To Pay Customers Cash, Not Crypto
• Feds Defend Chevron Deference In Second High Court Case
• A Look At FedNow Liability Allocation And A 4th Circ. Toss-Up
• Florida Credit Union Must Face Overdraft Fee Suit
• Insurer Scores $1.4M In Atty Fees For Co.'s Ex-Exec Suit
• Morgan Stanley's Background Inquiries Broke Law, Suit Says
• Children's Book Writing Makes Me A Better Lawyer
• 2nd Circ.'s BofA Ruling Risks Consumer Harm, Justices Told
• The Cybersecurity & Privacy Developments That Shaped 2023
• FTX's $24B Tax Bill Could Wipe Out Any Creditor Recovery
• Tribe-Linked Usury Lender Must Face RICO Claim In Va. Court
• TD Bank Tells 2nd Circ. Ex-Worker's Bias Claim Has No Merit
• The State Of CFPB Focus On Credit Reporting Of Medical Debt
• Parsing 2023's Energy Markets Enforcement
• A Review Of 2023's Most Notable Securities Litigation
• Greenberg Traurig Hires Banking Head From Seward & Kissel
• Nearly 100 Dems Urge CFPB To Limit Arbitration Clauses
• Arrow Financial Execs Accused Of Hiding Weak Controls
• Phony Card Fee Settlement Site Must Shut Down, Judge Says
• Ex-Bankers Org Accountant Gets 2 Years For Embezzlement
• Kwok Ch. 11 Trustee Wants To Expand Assets Probe
• Axos Unit Pulls 'Bait And Switch' On Savings Rates, Suit Claims
• Real Estate Investor Cops To $165M Mortgage Fraud Scheme
• ESG Investing Caught In Culture War Crosshairs In 2023
• 4 Key Ways CFIUS Affected Private Equity In 2023
• FinCEN Names Veteran Treasury Atty As Deputy Director
• Celsius Founders Can't Shed FTC Crypto Fraud Claims
• 3 FinCEN Fraud Alerts To Remember In 2024
• Trump Loses Challenge To Gag Orders In NY AG's Fraud Case
• Credit Suisse To Pay SEC $10M Over Barred Advisory Work
• Holland & Knight Faces Overbilling Suit From Ex-Bank CEO
• EU States, Parliament Agree To Set Up New AML Body
• Airline Wrongfully Terminated Plane Deal, Wells Fargo Says
• EU Lawmakers Call For Stricter Geo-Blocking Rules
• Dexia, Banca Intesa Win €55M Venice Swaps Appeal
• Reed Smith Says Barclays Held £21M In Limbo Over Sanctions
• Trump's NY Fraud Case Set For Jan. Finale As Testimony Ends
• Truist Taps Ally Financial GC As Its New CLO
• 3 Major Trends That Defined Real Estate In 2023
• Fidelity National Financial Sued Over Loan Data Breach
• Insurer Warns Of 2024 Geopolitical Challenges For Companies
• Investment Fund Hits Back At Manager Over $7.5M Bonus
• Charity Can't Revive FCA Claim Over Climate Risk Disclosure
• How Clients May Use AI To Monitor Attorneys
• UK Payments Watchdog Eyes Cap On Visa, Mastercard Fees
• 3 Law Firm Practice Areas That Gained Popularity In 2023
• Mozambique Says President's Docs Not Needed For Fair Trial
• What Banks Should Know About TCPA Exam Policy Updates
• AmEx Military Lending Suit Paused As 4th Circ. Mulls Citi Suit
• Trump Rests Fraud Defense As NY AG's Trial Nears End
• BofA Customers Say They Fixed COVID Card Fraud Claims
• SEC's Short-Selling Rules Targeted In New 5th Circ. Challenge
• Bank Employee Who Torched Code After Firing Gets 2 Years
• Ex-Inmates Seek Final OK For $11M 'Release Card' Class Deal
• Merrill Lynch Underpays Retirement Accounts, Suit Says
• Real Estate Co. Asks 2nd Circ. To Confirm $185M Award Order
• 7 Enforcement Predictions For US Export Controls, Sanctions
• DOJ Comments Reveal Road Ahead For Mortgage Redlining
• Real Estate Rumors: Affinius Capital, Relevant Group, Adler
• 8 Ways To Negotiate Improved Disgorgement Outcomes
• FTX Says It Doesn't Have To Pay $24B Tax Bill To IRS
• Judge Candidate Fights Retired Tax Officials' Immunity Claim
• How The NY AG Leads Investigations In Civil Securities Fraud
• Philly Mall Owner Gets $30M Of $60M Bankruptcy Loan
• LIVE COVERAGE: Day 43 Of Trump's NY Civil Fraud Trial
• Rocket Mortgage Says Reddit 'Frenzy' Dooms Class Cert. Bid
• Ex-Accountant Seeks No Prison After 'Extraordinary' Behavior
• Conn. Adviser Settles SEC's $6.9M Free-Riding Scheme Suit
• Justices Urged To Toss 2nd Circ. BofA Preemption Decision
• Wells Fargo Investors Say Diverse Hiring Suit Passes Muster
• Biden Would Veto Rulemaking Bill Citing 'Unnecessary Delays'
• AG, Judge Say Trump Can't Appeal NY Gag Orders Higher, Yet
• Seyfarth Deepens Securities Bench With 4-Atty Stroock Team
• Cleary Tapped To Carry Out FDIC Workplace Review
• PGX Strikes $1.45M Deal With WARN Act Claimants
• ESG Around The World: Singapore
• Tool Co. Ends $45M Suit Over Loan And 'Phantom Stock'
• Del. Justices Affirm Atty's Dismissal Over Privileged Info Case
• The Pop Culture Docket: Judge D'Emic On Moby Grape
• 4 Key Types Of Coming FHLBank Reforms To Watch
• $1.1B Debt Sends Mall REIT Back Into Ch. 11
• Trump Cancels Plan To Testify In NY Fraud Trial Defense
• EU Policymakers Clear Way For Passing Of Landmark AI Act
• Vet Says Wells Fargo's Fraud Response Could Cost Him A Job
• 7th Circ. Takes Hard Look At CFPB Redlining Appeal
• Nasdaq Pays $4M To Settle Alleged Iran Sanctions Breaches
• Judge Denies Lenders Control Of NYC Margaritaville For Now
• OCC Pressed For Details On Ex-Fintech Official's Hiring, Work
• Santander Bank Settles Conn. Couple's Discrimination Suit
• FDIC Settles $165M Suit Against Defunct La. Bank's Execs
• The Basics Of Law Firm Cyber Liability Insurance Applications
• GOP Sens Demand FDIC Chair Quit After Workplace Reports
• Ex-JPM Traders' Appeal Can't Stop Spoofing Suit, CFTC Says
• Lender Agreements And Unitranche Facilities: A Fresh Look
• What Banks Should Know About FDIC Assessment Rule
• UK Litigation Roundup: Here's What You Missed In London
• Performing Music Makes Me A Better Lawyer
• COVERAGE RECAP: Day 42 Of Trump's NY Civil Fraud Trial
• Binance Founder Must Remain In US Until Sentencing
• Musk Asks Justices To Let Him Nix SEC Deal Over Tesla Tweets
• OCC Flags AI As 'Emerging' Risk In Banking System
• Online Trader's Go-Public Plans Fail As SPAC Merger Fizzles
• Trump Expert Tells NY Trial Court There's No Sign Of Fraud
• Judge Says BofA Foreign Exchange Rate Suit Should Proceed
• Ohio Pot Company Drops Fraud Claims Against NY Firm
• Post-Shift Waiting Time Is OT, Credit Union Worker Tells Court
• Athletes, YouTubers, Banks Want Out Of FTX Litigation
• Kwok Investors Want Feds To Release $302M In Seized Crypto
• Antiques Exec Had Ex-Mistress Haul Bag Of Cash, Jury Hears
• CFPB Orders Bank To Pay $6.2M For Overdraft Practices
• How 'As Such' Changes LPs' Self-Employment Tax Exposure
• Democratic AGs Say National Banks Bucking Investigations
• COVERAGE RECAP: Day 41 Of Trump's NY Civil Fraud Trial
• BofA CEO Shrugs Off Mortgage Fears In CFPB Funding Case
• Feds Say No Reliable Proof For FTX's $0 Tax Estimate
• 2nd Circ. Drops Fraud Charges Against Ex-KPMG Exec
• OCC Addresses 'Buy Now, Pay Later' Risks In New Guidance
• FTX Says Ch. 11 Plan Coming Before Year's End
• AmeriFirst Lender Says Loan Suit Is 'Baseless' Rehash
• FINRA Fines SoFi, 3 Others Over Securities Lending Claims
• Bitzlato Exec Pleads Out To $700M Dirty Crypto Exchange Rap
• Judge Again Denies BofA's Bid To Exit Zelle Fraud Case
• Expect CFPB Flex Over Large Nonbank Payment Cos.
• Breaking Down High Court's New Code Of Conduct
• Trump's NY Gag Appeal Claims Laughable, Judge's Atty Says
• Financial-Services Focused SPAC Blue Room Files $200M IPO
• Orrick Nabs SVB's Ex-Head Of Startup Banking
• Big Bank CEOs Bemoan Basel III Ahead Of Senate Grilling
• Trump's Broker & Club Member Touts Mar-A-Lago's $1B Value
• LinkedIn, Zoom May Be Enforcers' Next Recordkeeping Target
• Lending Co. Best Egg Looks To Arbitrate Predatory Loans Suit
• 3rd Circ. Affirms Arbitration Denial In MicroBilt FCRA Suit
• Virtu Attacks SEC's 'Hypothetical' Information Security Suit
• Feds Say Bosnian Man Helped Russian Flee Sanctions Case
• Export-Import Bank Slammed As Major Fossil Fuel Financier
• Laos Can't Sue In US For $3M Arbitral Awards, Investor Says
• Deutsche Bank Must Face Trial In Fair Housing Suit, Orgs. Say
• Real Estate Rumors: Prospera Growth, KBS, M&C Saatchi
• Legal Profession Gender Parity Requires Equal Parental Leave
• 11th Circ. Upholds Summonses For Peruvians' US Bank Docs
• Illinois Firm Wants Jury Trial On All Counts Over Missing $3M
• 'Paper Tiger' Finds Its Fangs: Repeat Offenders And The CFPB
• COVERAGE RECAP: Day 40 Of Trump's NY Civil Fraud Trial
• Justices Weigh Limits Of Possible Ruling Against SEC Courts
• SEC Head Accountant Flags Cash Flow Statement Concerns
• Steel Co. President Faces Arrest For Contempt In ERISA Case
• Trump Seeks NY High Court Review Of Fraud Trial Gag Orders
• CFPB's MoneyLion Suit Halted For Justices' Funding Ruling
• Fake Atty Who Bribed Federal Agents Gets 6 Months In Prison
• Pomerantz To Lead Comerica Investors In Card Oversight Suit
• Swiss Bank To Pay $123M For Hiding Offshore Account Funds
• CFPB's Credit Card Late Fee Rule Likely Unconstitutional
• FICO Says Revised Antitrust Suit Still Falls Flat
• Title Insurer Settles Coverage Dispute Over Lost Land Value
• Chinese Co. Investors Ink $4.5M Deal In IPO Disclosures Suit
• Ex-JPMorgan Banker Admits To $2.4M Embezzlement Scheme
• Colo. Landlord Firm Looks To Settle Debt Collection Suit
• NC Bank Accuses Ex-VP, Administrator Of Looting Client Info
• JPMorgan Slams Indicted Execs' Subpoenas As Overly Broad
• 1st Circ. Urged To Strike Fraud Convict's Self-Employment Ban
• COVERAGE RECAP: Day 39 Of Trump's NY Civil Fraud Trial
• Justices Call O'Connor 'American Hero,' 'Perfect Trailblazer'
• Wells Fargo Ex-CEO Says Bank Stiffing Him On $34M In Pay
• Former Clerks Say Justice O'Connor Still Worth Emulating
• Ga. Counties End Wells Fargo Mortgage Suit Without Settling
• Crypto Site Blockas Hit With User Suit Over $2.5M Account
• US Sanctions 3 More Tankers For Dodging G7 Oil Price Cap
• Trump Gets More Experts In NY Fraud Trial, Can't Call Monitor
• New Regs Will Strengthen Voluntary Carbon Offset Market
• BofA Cheats Mortgage Loan Officers Out Of OT, Suit Says
• 4 Decisions For Which Justice O'Connor Will Be Remembered
• How FinCEN's Proposed Rule Stirs The Pot On Crypto Mixing
• Justice O'Connor Shattered Barriers, Built Bridges
• House Passes Bid To Ax CFPB's Small-Biz Lending Data Rule
• COVERAGE RECAP: Day 38 Of Trump's NY Civil Fraud Trial
• Sandra Day O'Connor, First Woman On Supreme Court, Dies
• Writing Thriller Novels Makes Me A Better Lawyer
• Work Still Needed On Key EU Tax Files, Ministers Warn