Banking Archive » April, 2025

Banking - April, 2025

325 articles

• House GOP Bill To Cut CFPB Budget, Audit Board Clears Panel
• CFPB Scraps More Cases, Curbs Small Biz Loan Rule Focus
• Fed. Circ. Upholds PayPal, Apple Patent Wins Over Fintiv Inc.
• Cos. Must Plan For China-Taiwan Risks, Ex-Trump Official Says
• Underwriters Seek Exit From $37M FTC Dispute With Loan Co.
• Fla. Lender Urges 11th Circ. To OK Arbitration In Fee Suit
• Ill. Developer Gets 6 Years For Role In Bank Embezzlement
• Ex-Atlanta IG Aims To Toss Lobbyist's Bank Subpoena Suit
• Activant Unit Seeks $7.5M Fee After $37M Bolt Suit Win
• Winston & Strawn Guides $450M Loan For Miami Stadium Plan
• Planning For Open Banking Despite CFPB Uncertainty
• Feds Barred From Reviving 'Unlawful' Tornado Cash Sanctions
• Marine Reservist Says Retaliation Suit Should Go To Trial
• Texas Panel Backtracks In Nate Paul's Receiver Row
• Judge Orders Mediation In Riley Pope Data Breach Suit
• Adapting To Private Practice: From DOJ Enviro To Mid-Law
• Deal Terms An Issue In $60M Mortgage Loan Sale Con Case
• Ex-CFPB Senior Attys Sign On With Democracy Forward
• SEC Accuses Adviser Of $22M Investment Fraud Scheme
• SEC Abandons Investigation Into PayPal's Dollar Stablecoin
• FTX Ch. 11 Trust Asks To Keep Customer Info Confidential
• CFPB Aims To Mediate Colony Ridge 'Reverse Redlining' Suit
• Watchdog Will Probe Trump Admin's Push To Shrink CFPB
• Trump Can't Reorganize Gov't Without Congress, Groups Say
• OKCoin Says Crypto Holders Can't Tie Firm To $2M Theft
• Risk Control Tips For Banks With Cryptocurrency Customers
• Celsius Founder Should Get 20 Years For Fraud, Feds Say
• DC Circ. Restores Ban On CFPB Mass Layoffs Amid Appeal
• SEC Defends Witholding Info On Text Message Sweeps
• Wells Fargo Exits CFPB's Mortgage, Auto Loan Consent Order
• Wells Fargo Investors Win Class Cert. In 'Sham' Hiring Case
• NC Dentist Acquitted Of $3M Fraud, Tax Evasion Charges
• Feds Urged To Drop Crypto Mixer Charges After DOJ Memo
• TD Bank's $3 Paper Statement Fee Breaks NY Law, Suit Says
• Wells Fargo Tells Judge Cash Sweep 'Conflict' Was Disclosed
• Trump Sued Over 'Unprecedented' NCUA Board Purge
• Wells Fargo Says Atty Is To Blame For SEC's EB-5 Fraud Suit
• 'Shake & Bake': 4th Circ. Cites Ricky Bobby In NASCAR Ruling
• FDIC Rules Rollback Foretells More Pro-Industry Changes
• Ex-Deutsche Bank GC Is Coinbase's Next Compliance Chief
• NY Tax Talk: Sourcing, Retroactivity, Information Services
• Cadence Bank Customers Seek Final OK For $4.5M Fee Deal
• OCC Slashes Fines In Deals With Ex-Wells Fargo Auditors
• CFPB Abandons $2.25M Student Loan Trust Deal, Drops Case
• FDIC Defends In-House Enforcement For Banking At 7th Circ.
• SPAC Deals Are Buzzing Again Despite Tariff Turmoil
• CFPB Plans Exit From Auto Finance Suit, Leaving It To NY
• Legal Ethics Considerations For Law Firm Pro Bono Deals
• NY Judge Axes Ford O'Brien Malpractice Suit
• Feds Push To Keep Trial Date For 'Compromised' Texas Rep
• Wells Fargo Looks To Upend $22M Disability Bias Loss
• Atkins Vows SEC Will Pursue 'Common-Sense' Crypto Policy
• Nutter McClennen, Goodwin Steer $490M Mass. Banking Deal
• FDIC Unlocks A Door To Banks' Potential Crypto Future
• Playing Football Made Me A Better Lawyer
• Ex-Biscayne CEO Gets 10 Years For $130M Ponzi Scheme
• Trump's Regulatory Thaw On Crypto Reaches Federal Reserve
• FDIC's Hill Faces Dems' Questions Over DOGE Access, Job Cuts
• Bankers Push FCC For Caller ID To Combat Fraud
• 9th Circ. Backs Oppenheimer Bid To Avoid FINRA Arbitration
• Ex-Bank GC Gets 4-Year Sentence In $7.4M Fraud Scheme
• Ready Capital Sued Again Over Real Estate Loan Losses
• Pardon Me? Why Offers To Secure Clemency Might Be A Scam
• 9th Circ. Won't Rehear CashCall Appeal Of $134M CFPB Order
• Pa. Justices To Say If Wage Law Permits Suits Over Late Pay
• NY AG Says Housing Fraud Claim Is 'Retribution' By Trump
• Silicon Valley Bank Liquidators Fight $41M Bill In Tax Court
• NY IP Lawyer Failed To Pay PPP Loans, Philly Bank Says
• 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks
• JPMorgan, Retiree Resolve Benefits Freeze Suit
• The SEC's Administrative Law Courts Are At A Crossroads
• Sullivan & Cromwell Guides Columbia Banking On $2B Deal
• Trump Admin's Border Cash Reporting Order Halted
• CFPB Walks Away From Horizon Credit Card Suit
• Latest CFPB Layoffs Need Court's Scrutiny, DC Circ. Told
• Firm Can't Fight Conn. Scam Suit Fee Rulings, Ex-Client Says
• Citi Gets NY AG's Suit Paused For 2nd Circ. Review
• Ex-Rabobank Exec Seeks $5M To Cover OCC Fight Legal Bill
• Silvergate Settles Securities Class Action For $37.5M In Ch. 11
• Morgan Stanley's Capital Markets Lead Joins A&O Shearman
• SEC's Noteworthy Stablecoin Guidance Comes With Caveats
• Judge Exits Allied Wallet Exec's Trial Over Plea Interference
• 3 Firms Guide Launch Of $3.6B SoftBank-Backed Bitcoin Co.
• Skadden Adds Partner To NY Financial Institutions Group
• 4 Ways US Banks Can Operate In Canada
• Power To The Paralegals: The Value Of Unified State Licensing
• Visa Settles With Retailers After Swipe Fees Pass-On Trial
• Fed's Buffer Plan Marks Start Of Stress Test Reform 'Journey'
• 'Contract' Key To Law School Loan Appeal, Conn. Court Told
• FTX Ch. 11 Trust Says Ex-Exec's Wife Spent $600K Since Dec.
• CFPB Waves White Flag In Prepaid Rule Fight With PayPal
• 4th Circ. Rejects Full Court Review Of Credit Union's Liability
• Credit Sesame Users Say Data Breach Leaked Personal Info
• Deutsche Bank Appeals Conn. Asset Price Suit Loss
• Real Estate Investor Cops To $19M Loan Fraud
• Wells Fargo Worker Wants Disability Bias Suit Kept In Play
• Jay Clayton Sworn In As Interim US Atty For SDNY
• Chase Bank Can't Ditch Claims It Aided $119M Ponzi Scam
• JPMorgan Fined $650K Over Regulation M Reporting Failures
• Judge Wonders If BofA Fake Accounts Suit Is 'Fishing'
• Citizens Bank Seeks Quick Win From Real Estate Partnership
• Wells Fargo 'Sham' Hiring Suit Delayed For Mediation
• Pay Cos. That Adapt Can Benefit As Gov't Ends Paper Checks
• Morgan Lewis Hires Ex-CFTC General Counsel
• CFPB Needs Only 200 Workers, Trump Admin Tells DC Circ.
• Mexican Banks Escalate Discovery Fight With Sanctions Bid
• Binance Crypto Suit Sent To Florida To Avoid Duplication
• Asset Manager Admits Stealing $3M From Real Estate Cos.
• CFPB Says Experian Can't Escape Suit Over Credit Reporting
• Ex-JPMorgan Worker's PAGA Claim May Be Arbitrated
• Academics Say FTC Firings Threaten Fed, Economic Stability
• Staying The Course On Consumer Financial Law Compliance
• Taiwan Installs Tariff Relief Measures For Exporters
• US Asks 4th Circ. To Pause Review Of Corp. Transparency Act
• 10 Soft Skills Every GC Should Master
• Unions Demand Halt To DOGE's Info Access At DOL, HHS
• Unions Score Block On Orders To Fire Probationary Workers
• 6 Criteria Can Help Assess Executive Branch Actions
• Justices Pass On Damages Fight In Trading Patent Case
• FDIC Eases Big Banks' 'Living Will' Requirements
• JPMorgan, BofA Face GOP Pressure Over Chinese Co.'s IPO
• Murdaugh's Banker Pleads Guilty To Fraud Ahead Of Retrial
• Cannabis Co. Says Lender Lied About Default To Steal Funds
• Santander Not Responsible For Customer's Bad Crypto Buys
• CFTC Details Violation Materiality After Cooperation Guidance
• Traversing The Shifting Sands Of ESG Reporting Compliance
• Feds Seek Up To 6 Years For Ex-Bank GC's $7.4M Theft
• An Unrestrained, Bright-Eyed View Of Legal AI's Future
• Ohio AG Accuses Mortgage Lender Of Deceiving Borrowers
• Castlelake, Invictus Partner For $2B Residential Loan Venture
• Taxation With Representation: Davis Polk, Simpson Thacher
• CFPB Mass Layoffs Blocked Again In DC Court
• Capital One's Discover Deal Gets Bank Regulators' Approval
• Ban On Reputation Risk May Help Bank Enforcement Defense
• Judge Warns Rocket Cos. Investor: Seek Cert. At 'Own Peril'
• Prudential Financial Beats Certified Privacy Class Action
• DC Circ. Refreezes EPA Climate Grant Funds
• Tracking The Evolution In Litigation Finance
• CFPB Mass Layoffs Resume, Hitting All Corners Of Agency
• AFL-CIO, Unions Can Pursue Some DOGE Access Claims
• OpenAI Eyes Windsurf, Activist Targets HP, And More Rumors
• Morgan Stanley Ends Fight Over Worker's $1.6M Bias Award
• Texas Rep. Cuellar Asks To Move Bribery Trial To Home City
• CFPB Will Cut Examinations By Half In Broad Retreat: Memo
• UK Litigation Roundup: Here's What You Missed In London
• How Calif., NY Could Fill Consumer Finance Regulatory Void
• Volunteer Firefighting Makes Me A Better Lawyer
• Global Payments To Acquire Worldpay In $24.3B Deal
• OCC To Merge Bank Supervision Units In Reorganization
• Bankers Ask FCC To Pare Back Call Consent Rules
• Pot Co. Says Board Member Should Stay In 'Neobank' Suit
• Limit On SEC Enforcement Authority May Mean Fewer Actions
• CFPB Defends Bid To Undo Redlining Deal
• How Lenders Should Prepare For Crypto As Collateral
• Schumer Looks To Block Trump NY US Attorney Nominations
• Trump Ousts Democrats From NCUA Board In Latest Purge
• Disbarred Atty Gets 2½ Years For Investment Scheme
• Judge Restores EPA Grant Funds For Climate Change Groups
• As SEC, CFTC Retreat, Who Will Police The Crypto Markets?
• Judge Tells Feds To Unfreeze Climate, Infrastructure Funds
• Securities Org. Says SEC Must Hand Over Texting Sweep Data
• OCC Pledges Transparency Amid 'Ongoing' Breach Review
• Chase Says Fla. Biz Playing Games With NY 'Debanking' Suit
• No Appeal For Green Energy Co. CEO In $40M Investor Suit
• Pot Co. Settles With Capital Firm In 'Neobank' Fraud Suit
• Judge Vacates CFPB's Credit Card Late Fee Rule
• 5 Ways Banking Has Changed In 5 Years Since COVID
• Davis Polk Guides StoneX On $900M RJ O'Brien Buy
• E-Discovery Quarterly: The Perils Of Digital Data Protocols
• SEC Won't Revisit WhatsApp Settlements With 16 Firms
• BofA Ordered To Pay FDIC $540M For Underpaid Premiums
• NY AG Accuses MoneyLion, DailyPay Of Predatory Lending
• Auto Insurers Can't Shake Feds' Forced Coverage Claims
• 4th Circ. Asked To Rethink Credit Union's Liability In Scam
• Ex-Allied Wallet Exec Seeks Trial Delay Amid Recusal Bid
• Making Sense Of Small Biz Fair Lending Compliance
• CFPB To Vacate Credit Card Late Fee Rule In Deal With Banks
• Ripple Settlement Offers Hope For Better Regulatory Future
• CFPB's Vought Looks To Roll Back 'Weaponized' Guidance
• Law School's Missed Lessons: Preparing For Corporate Work
• DC Circ. Limits CFPB Layoff Ban Amid Trump Admin Appeal
• SEC Digs Into Policing Crypto Trading At Roundtable
• CFPB To Pull Medical Debt Opinion, May Ax Nonbank Registry
• CFPB Cuts Loose Comerica Suit After Missing Filing Deadline
• Coinbase 'Mining Pools' Scam Case Heads To Arbitration
• DOGE, OMB Ordered To Ready 1,000s Of Pages In FOIA Suit
• 9th Circ. Won't Renew Wash. DACA Recipient's Loan Bias Suit
• Kansas City Bank Tries To Sink Ex-Detainees' Debit Fee Case
• Tariff Reprieve Offers Little Comfort For Venture-Backed IPOs
• SEC Takes 'Small Step' On Corporate Crypto Disclosures
• Crypto Firm To Pay SEC Fine Over False Client Claims
• OCC Patriot Bank Order Spotlights AML Issues For Managers
• Ex-BofA Worker Seeks Class Status Over Unpaid PTO
• Did DOJ Bless A Crypto Free-For-All? Think Again, Attys Say
• FDIC Shift On ALJs May Show Agencies Meeting New Norms
• Fox Rothschild Hires Familiar Corporate Partner In Boston
• Taxation With Representation: Norton Rose, Ropes & Gray
• The SEC Must Protect Its Best Tool For Discovering Fraud
• UK Litigation Roundup: Here's What You Missed In London
• 2nd Circ. Says Investor Can't Join $250M Sri Lanka Bond Suit
• Ex-Ill. Bank Exec Charged With $2M Check-Kiting Scheme
• Senate Dems Press Fed's Bowman On Political Independence
• Debt Collector Can Hang Tight While CFPB Mulls Probe
• Texas Group Seeks Halt Of Trump Admin Border Cash Order
• NY AG Calls For 'Common-Sense' Rules In Crypto Legislation
• Ex-PE Fund CEO Rejoins Legal Field As Nelson Mullins Partner
• Florida Banking Brief: All The Notable Legal Updates In Q1
• Conn. Firm Fights Atty Fee Award In Client's Suit Over Scam
• Judge On Bid To Redo Wawa Breach Atty Fees: 'I Don't Buy It'
• No Plan To Trim Do Kwon Case After Crypto Memo, Feds Say
• A Cold War-Era History Lesson On Due Process
• NY Fines Block $40M For Cash App Compliance Failures
• Del. Justices Urged To Revive Gellert Seitz Malpractice Case
• Rocket Mortgage Says Feds Can't Scuttle Appraisal Suit
• How Latin American Finance Markets May Shift Under Trump
• Improv Makes Me A Better Lawyer
• Trump Instructs Agencies To Quietly Repeal Regs If Possible
• 'Evasive' Unions Told To List Fired Probationary Workers
• Dems Decry 'Industry Wishlist' As House Mulls Crypto Rules
• Fed Pick To Call For 'Reformed' Supervision, 'Pragmatic' Rules
• Furniture Co. Will Pay $1.5M Over PPP Loan Fraud Charge
• Senate Confirms Trump Pick Atkins To Lead A Leaner SEC
• Wigdor Can Drop Client But Must Face Black's Sanctions Bid
• Insurer Settles Suit Blaming Bank Consultant For Data Breach
• DC Circ. Seems Open To Narrowing CFPB Injunction
• House Slates CFPB Payment, Overdraft Rules For Repeal
• 2nd Circ. Doubtful Of Push To Thaw Assets For Debt Relief Biz
• Car Dealership Magnate To Pay $12M Over Pandemic Loans
• How BigLaw Executive Orders May Affect Smaller Firms
• Bessent: 'It's Main Street's Turn' For Regulatory Rollbacks
• Winston & Strawn Leads Fintech-Focused SPAC's $240M IPO
• 3 Firms Build Bain's $825M Lincoln Financial Stake Buy
• Lawsuits Shouldn't Be Shadow Assets For Foreign Capital
• Ex-Outcome CEO, Co-Founder Challenge $1B Fraud Convictions
• Trump's CFPB Pick Could Be Confirmed By May, Scott Says
• Charles Schwab, Comerica & More Hit With EDTX Patent Suits
• TelexFree Investors Can't Sue Wells Fargo, Others As Class
• FDIC To Look At 'Indexing' Size Thresholds For Bank Rules
• Attys In Javice Case Warned About Post-Trial Juror Contact
• German Pharma Giant Stada Pauses IPO As Volatility Endures
• OCC Says 'Highly Sensitive' Bank Info Accessed In Hack
• How To Accelerate Your Post-Attorney Career Transition
• CFPB Withdraws From MoneyGram Suit, NY AG To Continue
• 3 Action Items For Innovators Amid Fintech Regulatory Pivot
• Conn. Justices OK Debt Negotiator's Suit Against Watchdog
• Justices Halt Order To Reinstate Federal Workers
• FCC Agrees To Bankers' Request To Delay Call Consent Rule
• USAA Wants Full Fed. Circ. To Hear PNC's Patent Board Wins
• Coinbase Accused Of Scam Prevention Shortfalls
• Wage Access Co. Says NY AG Threatened Suit, Seeks Relief
• OMB Issues Guidance On Agency Use, Purchasing Of AI
• Fintech Customers Sue Banks Over Synapse Collapse
• ACLU, Others Slam Bid To 'Magic Eraser' CFPB Redlining Deal
• Nelson Mullins Team Joins Duane Morris In DC, Atlanta, Miami
• GENIUS Act Can Bring Harmony To Crypto-Banking Discord
• Mortgage Lenders, Attys Stole From NY Debtors, Suit Says
• Law School's Missed Lessons: Be An Indispensable Associate
• Wigdor Seeks Exit In Leon Black Case Amid Sanctions Threat
• Deutsche Bank Not Liable For ISIS Terror, Judge Finds
• IPO Plans Appear Iced As Trump's Tariffs Rock Markets
• 4th Circ. Rules Ch. 7 Debtor On The Hook For Mortgage Bill
• US Bank Defeats Class Cert. In Early Retiree Benefits Suit
• Judge Allows Deposition Of Witnesses In Russian Exec's Suit
• Appeals Court Won't Halt Russian Investment Litigation
• SEC Says Reserve-Backed Stablecoins Aren't Securities
• Fed's Barr Says Bank Regulators Should 'Explore' Gen AI
• 11th Circ. Told Omitted Issues Void UBS Arbitration Award
• Nissan Settles With NJ Dealers In Suit Over Predatory Loans
• Citizens Bank Sues Valley National Over Loan Dispute
• Mass. AG Emerges As Key Player In Consumer Protection
• UK Litigation Roundup: Here's What You Missed In London
• Taxation With Representation: Ropes & Gray, Paul Hastings
• Birding Makes Me A Better Lawyer
• CFPB Says It Will Reopen Small-Biz Lending Rule
• Laos Can't Get $5M Award Enforced Against Businessman
• Georgia Credit Union Hit With DACA-Recipient Bias Suit
• DC Circ. Steps In To Pause CFPB Order As Judge Denies Stay
• Fulton Bank Keeps $7.7M Win In Pa. Development Loan Fight
• House Moves Stablecoin Bill Despite Dems' Conflict Concerns
• Feds Say Cash Advance Biz Owner Ran $40M Ponzi Scheme
• ATM Company Sanctioned For 'Objectively Frivolous' Claim
• Fla. Atty Cites Law School Debt In Bid To Skip Conn. Oral Args
• 'No Serious Question' Federal Firings Broke Law, Justices Told
• Ginnie Mae Wins Fight Over Reverse Mortgage Collateral
• Calif. Banking Brief: All The Notable Legal Updates In Q1
• Senate Advances Noms Of Trump's SEC, OCC Picks
• Mayer Brown Lures Structured Finance Duo From Kirkland
• Ally Bank, White Ex-Worker End Suit Alleging Illegal Quotas
• Atty Suspended Over Billing Lapses In State Street Case
• Ex-JPMorgan Atty Gets Probation For NYC Housing Fraud
• Cango Selling China Biz For $352M In Bitcoin Mining Push
• Inside State AGs' Arguments Defending The CFPB
• TowneBank Acquires Old Point In $203M Deal
• DC Judge Probes EPA's Reasons For Freezing Climate Funds
• DC Circ. To Hear Trump Admin's Bid To Stay CFPB Injunction
• Attys Call Ending DOJ Tax Division 'Epic Failure' In Efficiency
• CFPB's FirstCash Lending Suit Paused For Settlement Talks
• Experian Says CFPB Suit Is Too Late, Too Flawed To Proceed
• FinCEN Warns About Ongoing ISIS Threats, Banking Red Flags
• Jailed IRS Leaker Says Judge 'Predetermined' Sentence
• Magistrate Backs Bank Directors' Win In Dispute With Pot Biz
• Ex-Bank VP's Defamation Claims Dismissed By NJ Panel
• Evolve Bank Reaches $11.8M Deal Over 2024 Data Breach
• Davis Polk, Skadden Lead Stablecoin Issuer Circle's IPO Filing
• Davis Wright Welcomes Longtime Jones Day Finance Atty
• Adapting To Private Practice: From DOJ Leadership To BigLaw
• Trump Admin Layoffs 'Probably Broke Laws,' Judge Says
• Javice Must Don Ankle Bracelet For Now, Despite Pilates Gig
• Trump Administration Sued Over Border Cash-Reporting Order
• US Loses Bid To Stay $380M PetroSaudi Award Seizure Suit
• 9th Circ. Judge Unsure Oppenheimer Liable For Broker Ponzi
• Plaintiff Can't Sue TransUnion After High Court Ruling
• Republicans Float Wish List Of Biden Financial Rule Rollbacks
• Ex-Exec Accuses Deutsche Bank Of Audit Lies, Retaliation
• Conn. Banking Boss Orders Fintech Duo To Repay Investors
• Trump Admin Fights Wash.'s Bid To Expand Layoff Injunction
• Broker Must Face Mortgage Co.'s Claims It Worked With Rivals
• Chancery OKs $500K Incentive Fee After Santander Class Win
• Hartford Unit Freed From Ill. Agency's $4M Wire Fraud Suit
• How The CRE Industry Is Adapting To Tariff Uncertainty
• NY Banking Brief: All The Notable Legal Updates In Q1
• House GOP Infighting Delays Push To Repeal 2 CFPB Rules
• Law Firm Executive Orders Create A Legal Ethics Minefield
• Goldman Sachs Exec Rejoins Weil As NY Banking Partner
• Md. Credit Union Didn't Protect Sensitive Info, Customer Says