Banking Archive » May, 2025

Banking - May, 2025

328 articles

• Split 9th Circ. Won't Unblock Trump's Gov't Overhaul
• Rocket Mortgage Class Asks Justices To Scope Decertification
• Enviro-Focused Community Bank Exits FDIC Consent Orders
• Ex-Mich. Speaker, Wife To Face Nonprofit Embezzlement Trial
• CFPB Punts On Fed Funding Issue In MoneyLion Case
• Banks, Class Action Admins Ran Kickback Scheme, Suit Says
• Ex-Wells Fargo Exec Sues To Enforce DOL Retaliation Order
• Nationstar Sued After Data Exposure Of Loan Applicants
• Convicted Crypto Investor's Wife Says Gov't Can't Seize Funds
• DHS Moves To Ax BigLaw Firm's Halkbank FOIA Dispute
• Calif. Digital Assets Proposal Provides Only Partial Clarity
• NJ Pot Shop Fails To Prove Urgency In $273K Fund Dispute
• The BigLaw Settlements Are About Risk, Not Profit
• CFPB Will Settle FirstCash Military Lending Suit
• OFAC Sanctions Philippine Biz, Alleging Role In Cyber Scams
• Trump Admin To Defend Biden's For-Profit College Loan Rule
• 3rd Circ. Preview: Tribal Immunity Limits On Deck For June
• Alston & Bird, Smith Mackinnon Steer $710M Fla. Bank Deal
• House Introduces CFTC-Focused Crypto Market Structure Bill
• Baltimore Drops CFPB Suit Amid Denials Of Defunding Plan
• Simpson Thacher, Skadden, Mayer Brown Guide $4B Rail Deal
• 2nd Circ. Upholds KeyBank Adviser's $1.1M Defamation Win
• Judge Challenges Visa's Bid To Dismiss DOJ Antitrust Suit
• 11th Circ. Won't Revive Antitrust Claims Against Suns Owner
• Judge Tells FDIC 'Whistleblower' To Stop Texting Gov't Attys
• Fla. Bill May Curb Suits Over Late-Night Collections Emails
• Wells Fargo Settles Suit Over Online Wire Fraud Protections
• Javice Request To Sink Guilty Verdict Turned Aside By Judge
• Japan's NTT Docomo Launches Offer Valuing Bank At $5.1B
• Ex-Goldman Partner, Star Witness In 1MDB Trial, Gets 2 Years
• South Korean Insurer Sues To Enforce $14M Judgment In NY
• Brazilian Jiujitsu Makes Me A Better Lawyer
• Fintech Group Warns Remittance Tax Will Hurt Consumers
• FBI Misled Court In Russia Sanctions Probe, Judge Rules
• Share Control Key To Archegos Suits, 2nd Circ. Suggests
• High Court's Bid To Save Fed Independence May Backfire
• CFPB Energy Loan Rule An 'Unlawful Power Grab,' Suit Says
• Sens. Urge Treasury To Rescind Ownership Reporting Rule
• DOL Tells 5th Circ. It Will Craft New ESG Rule For 401(k) Plans
• Birthright Ruling Could Alter Consumer Financial Litigation
• 2nd Circ. Backs Credit One Win In FCRA Investigation Suit
• Ga. Bank Wins Appellate Review Of Claim Against Law Firm
• Husch Blackwell Adds Burr & Forman Consumer Finance Pro
• CFPB Nixes Snap Finance Suit In Latest Enforcement Cutback
• Greenpeace Fights To Walk Back $666M Pipeline Verdict
• Trump To Pardon 'Chrisley' Stars Convicted Of Tax Evasion
• CFTC Member Speaks On Agency Exits: 'Not A Great Situation'
• Davis Polk-Led Stablecoin Giant Circle Eyes $600M IPO
• Mobile App Infringement Suit Against Bridgestone Dropped
• Trump's Media Co. To Raise $2.5B For Bitcoin Purchase
• Crypto Exec's IRS Privacy Appeal Tossed By 5th Circ.
• Bank Groups Agree To Pause Of Fed Stress Test Suit
• Energy Order Brings Risks For Lenders And Borrowers Alike
• Dollar Bank Yanks Funeral Home Loan Over Pet Accusations
• High Court Passes On Axed $563M BMO Harris Ponzi Verdict
• Law360 Reveals Titans Of The Plaintiffs Bar
• CFPB Calls Open Banking Rule 'Unlawful' In Pivot Against It
• SEC Cracks Door For Retail Entry Into Private Funds
• Banking Groups Want SEC To Pull Cyber Disclosure Mandates
• Judge Extends Block On Trump's Government Layoffs
• Texas Justices Answer 5th Circ. Query On State Usury Laws
• Power To The Paralegals: An Untapped Source For Biz Roles
• Chief Justice Pauses DOGE's FOIA Discovery For Now
• Fledgling Crypto ATM Regs May Be Due For A Growth Spurt
• Banking Veteran Betsy Cohen's Latest SPAC Targets Fintech
• 9th Circ. Urged To Force ERISA 401(k) Suit Arbitration
• Home Makeover Host Sues Citibank For Debit Declines
• Simpson Thacher Adds Kirkland Banking, Credit Atty
• 2 Firms Tapped To Lead Visa Derivative Suits Over DOJ Claims
• Microsoft Says It Helped Disrupt Popular Malware Lumma
• Trump Admin Ends Early Biden-Era Memphis Redlining Deal
• Truist Bank Accused Of Freezing Funds, Blocking NCAA Bet
• Gov't Presses High Court To Hear Activist Investor Suit
• Calif. Judge Likely To Extend Block On Gov't Reorg, Job Cuts
• Fla. Man Gets 6 Years For Laundering $1M Into Bitcoin
• Servicer, BNY Seek Exit From Mortgage Statement Suit
• Federal Gov't Backs States' BlackRock Coal Investments Suit
• Justices Allow Trump To Fire NLRB, MSPB Members, For Now
• Playing Poker Makes Me A Better Lawyer
• Silvergate Estate To Chip In For $37.5M Investor Settlement
• Why It's Time To Retire The Efficient Market Hypothesis
• Tech CEO Duped Investors, Faked Blockchain Deals, Feds Say
• OCC 'Erred Across The Board,' Ex-Wells Fargo Exec Says
• Discover Interim Legal Chief Exits As Capital One Deal Closes
• CFTC Member Says Enforcement Needs More Transparency
• House Panel Advances Bills Easing Securities, Banking Regs
• USAA's $3.25M Data Breach Deal Granted Final OK
• Title Insurance Co. Fights Treasury All-Cash Resi Deals Rule
• 'Tough Luck' Case Law Cited In Refusal To Stop Summons
• Kirkland, Fenwick Lead CoreWeave's Upsized $2B Debt Offer
• Crypto Influencer's SPAC Leads 2 Offerings Totaling $420M
• 11th Circ. Blocks Fla. Credit Union's Arbitration Bid In Fee Suit
• Key Aspects Of FDIC's Resolution Planning FAQ
• Payday Lender's Ex-CEO Pleads Guilty In $66M Ponzi Scheme
• DOGE Seeks High Court's Help In Ducking FOIA Discovery
• Ex-Alvarez & Marsal CPA Sentenced To 20 Months In Tax Case
• CFTC Faces Leadership Void As 3rd Commissioner Plans Exit
• Law School's Missed Lessons: Becoming A Firmwide MVP
• Barclays Officials Beat Shareholder's Suit At NY High Court
• Judge Questions Bank's Role In Jail Debit Card Fee Dispute
• FDIC Nixes Biden-Era Merger Rules As House Passes OCC Bill
• Gov't Says Unions Too Slow In Calling For Halt Of Restructure
• BofA Class In Out-Of-Network ATM Fee Fight Narrowed
• CFPB's Guidance Purge May Have Limited Impact For Industry
• NJ Justices Take Up Bond Marketing Suit Against Big Banks
• How NY's FAIR Act Mirrors CFPB State Recommendations
• Chinese EV Battery Giant Generates $4.6B IPO Amid Tensions
• Pot Company Can't Salvage 'Neobank' Fraud Suit, For Now
• DC Circ. Ponders Letting Gov't Claw Back $20B In Green Funds
• Senate Advances Stablecoin Bill After Dem Backers Return
• Wells Fargo's 9th Circ. Cert. Challenge Gains SIFMA Backing
• Binance Calls FTX Ch. 11 Clawback Suit 'Legally Deficient'
• Lending App EarnIn Hit With Consumer Class Action In NC
• Feds Say Unions' Downsizing Suit Should Be Tossed
• How Cos. Can Navigate Risks Of New Cartel Terrorist Labels
• AI Startup CoreWeave Seeks $1.5B Debt After IPO Shortfall
• Ex-Bank GC Fights $7.4M Fraud Restitution Schedule
• What We Lost After SEC Eliminated Regional Director Role
• Mass. Suit Points To New Scrutiny For Home Equity Contracts
• DC Circ. Judges Skeptical Of Blockade On CFPB Mass Layoffs
• Capital One Inks $425M Deal In Savers' 'High-Interest' Suit
• Florida Wrongly Took Unclaimed Funds, 11th Circ. Rules
• Co. Looks To Dodge $5M Award From Laotian Casino Deal
• 'Tuna Bond' Defendants Ordered To Pay $352M In Restitution
• Trump Calls On Justices To Stay Block Of Gov't Restructuring
• Coinbase Users Sue Under Illinois Biometric Privacy Law
• Citizens Bank Must Face Mich. Customer's Discrimination Suit
• Florida Ex-Financial Adviser Admits To $8.4M Elder Fraud
• Taxation With Representation: Blakes, Davies, Goodmans
• 1MDB Prosecutors Seek Leniency For Ex-Goldman Banker
• $38M Law Firm Settlement Highlights 'Unworthy Client' Perils
• Hints Of Where Enforcement May Grow Under New CFPB
• $666M Pipeline Verdict 'Poster Child' For Reduction, Judge Told
• CFPB Slashes Final Chopra-Era Fine From Over $2M To $45K
• Clifford Chance Adds Arbitration Expert From Pinsent Masons
• Ga. Atty Gets 16 Months For Role In $1.3B Tax Shelter Scheme
• Consumer Bid To Block Capital One-Discover Deal Falters
• Unions, Groups Seek Injunction To Block Gov't Restructuring
• SEC, FINRA Staff Retract 2019 Statement On Crypto Custody
• Investor Makes Deal With PE Fund In Fla. Suit Alleging Fraud
• Troutman Adds Transactional Insurance Partner From McDermott
• Wells Fargo Opposes Atty Fee Bid After $22M ADA Verdict
• SEC Focused On 'Rooting Out' AI Abuse, Agency Atty Says
• Assessing Jurisdictional Issues In 2nd Circ. Bank Audi Case
• SEC-Ripple Deal Hits Speed Bump With NY Judge
• Teaching Business Law Makes Me A Better Lawyer
• SEC's Crypto Statement Offers Clarity On Disclosures
• Davis Wright Adds Longtime Knobbe Martens IP Duo In Seattle
• AI Startup Perplexity Seeks $14B Valuation, And More Rumors
• NY Judge Skeptical Of Huawei's Pretrial Bid To Nix Charges
• DOGE Can't Dodge Limited FOIA Discovery, DC Circ. Says
• Fla. Court Rules Trust Wasn't Entitled To Jury Trial Over $8.9M
• Wells Fargo, Others To Pay $19.5M For Recording Biz Calls
• CFPB Junks Plans For Data Broker, Contract Clause Rules
• Texas Appeals Court Asks If It Can Flip Arbitration Order
• Ex-Citi Exec Klein's Latest SPAC Raises Upsized $360M IPO
• Fintech Group OK'd To Defend CFPB Open-Banking Rule
• BofA, Fla. Woman End Suit Over Imposter's $2M Grab
• Trump's Unorthodox US Atty Picks May Face Learning Curve
• Venture-Backed Tech IPOs Forge Ahead As Momentum Builds
• Evolving Federal Rules Pose Further Obstacles To NY LLC Act
• Deregulation Memo Presents Risks, Opportunities For Cos.
• 4th Circ. 'Actionable Inaccuracy' Finding Deepens FCRA Split
• Judge Beats Ex-Law Student's Suit At 11th Circ.
• CFTC's Mersinger Will Depart Agency To Lead Crypto Lobby
• Law School's Missed Lessons: Mastering Discovery
• NY AG Says Capital One Denied Millions In Account Interest
• DOJ Signals Major Shift In White Collar Enforcement Priorities
• CFPB Floats Repeal Of Biden-Era Registry, Designation Rules
• Wells Fargo Asks 9th Circ. To Undo 'Sham' Hiring Class Cert.
• Crypto Platform's Ex-Brass Plead Guilty To $150M Fraud
• CFPB Calls Off Suit Over Walmart Driver Deposit Accounts
• FINRA Fines Goldman $1.4M Over Faulty CAT Data Reports
• Pot Payment Co. Wants Court To Enforce $1.3M Deal
• Kansas City Bank Fights Ex-Detainees' Debit Fee Case
• Mortgage Lender Overcharges Service Members, Suit Says
• K&L Gates Adds Ex-Taylor Wessing Atty In London
• Investment Firm Drops 2 Counts From $70M Client Poach Suit
• SEC's Uyeda Encourages Opening 401(k)s To Private Assets
• Web Tracking Ruling Signals Potential Broadening Of CCPA
• Insurers Say McCarter Can't Blame NY Town In $22M Loan Suit
• Breaking Down 4th Circ. 'Actual Knowledge' Ruling For Banks
• CFPB Axes Order For Toyota Unit To Pay Millions In Redress
• Strategies To Limit Inherent Damage Of Multidefendant Trials
• 4 Firms Build Robinhood's $178.9M Canadian Crypto Buy
• Attys Invoke 5th Amendment In Mexican Bank Discovery Row
• DOJ Criminal Division Head Dangles Self-Disclosure 'Carrot'
• Feds Want 2½ Years For Ex-Alvarez & Marsal CPA In Tax Case
• Russia Sanctions Spotlight: Divergent Approaches Emerge
• Morgan Lewis Adds Ex-Dechert Registered Funds Pro In NY
• AI Cash Advance Co. Cleo Faces Service Member Class Action
• Eric Trump-Backed Crypto Miner Merges With Gryphon Digital
• DC Circ. Has 'Duty To Intervene' To Protect CFPB, Union Says
• Tribal Co. Hit With Class Suit Over High Interest Rates
• CFPB Eyes Reversal Of Biden-Era In-House Proceeding Rules
• Billionaire Vik Sues To Reclaim Software Co. Ownership
• Cardholders Can't Revive Visa, Mastercard Swipe Fee Suit
• Hedge Fund Group Urges Delay On New AML Rules
• Del. Judge OKs $1.2M Deal In Del-One Overdraft Action
• CFTC Memos Clarify When 'Sorry' Still Gets You Subpoenaed
• Will Justices Finally Rein In Universal Injunctions?
• Texas Rep. Cuellar Argues He's Immune From Bribery Charges
• Wells Fargo Hid Account Amid Man's Homelessness, Suit Says
• Capital Group Inks $18.7M Deal With Conn. Housing Authority
• Ex-Meinl Bank CEO Extradited To US On $170M Odebrecht Rap
• LNG Exporter's Brass Face Investor Suit Over IPO Risk Claims
• Calif. Judge Blocks Trump's Gov't Reorganization, Job Cuts
• BDO Urges Justices To Hear 'Crucial' Auditor Fraud Case
• Treasury Pushes To Ax Shareholders' FHFA Director Suit
• Private Fundraising Takes Hit Amid Volatile Backdrop
• Cannabis Co. Wins Bid To Block Lender From Seizing Cash
• Vanguard Shared Customer Data With Meta, Others, Suit Says
• FINRA To Tweak Some Off-Channel Supervision Obligations
• NY Developer Denied More Time To Pay SEC $229M Settlement
• Wells Fargo Execs Sued In Del. Over 'Sham' Diversity Efforts
• Energy Group Backs States' BlackRock Coal Investments Suit
• Florida Atty Loses Law School Loan Appeal In Connecticut
• Webull Fined $1.6M Over Lax Influencer Ad Oversight
• Fla. Money Dealer Gets 42 Months In Jail For $350M Scheme
• Auto Parts Mogul Challenges Order To Pay Alter Domus $127M
• Feds Ask If Texas Rep Will Blame Attys In Bribe Case
• Souter's Clerks Remember Him As Humble, Kind And Caring
• Hiker And 'Raconteur': Atty Recalls 50-Year Bond With Souter
• Reassessing Corporate Separateness After Explosion Of LLCs
• A Look At David Souter's Most Significant Opinions
• McKernan Out As Trump's CFPB Pick, In For Treasury Role
• NJ Panel Nixes Debt Adjustment Law's Limited Atty Exemption
• Justice Souter Was An Unexpected Force Of Moderation
• CFPB's Vought Set To Ditch Dozens Of Guidance Docs
• Ex-Goldman Banker Leissner Urges Lenient 1MDB Sentence
• What Banks Should Note As Regulators Plan To Nix CRA Rule
• Playing Guitar Makes Me A Better Lawyer
• Retired Supreme Court Justice David Souter Dies At 85
• OCC Axes Biden-Era Bank Merger Rule In Latest Reversal
• Senate Stablecoin Bill Stalls As Dems Pull Support
• Ex-Credit Union Employee Gets 1 Year For Embezzlement
• CFPB Needs Stronger Controls On Supervisory Info, IG Says
• Capital One Wants Trump Entities' 'De-Banking' Suit Tossed
• 11th Circ. Revives Citigroup Cash Advance Fraud Suit Again
• Trump Admin Defends Gov't Restructuring As Lawful
• Google Payment Unit Ends Suit As CFPB Nixes Oversight Plan
• Halkbank Wants Justices To Take 2nd Look At Immunity Claim
• Wis. Credit Union Charges 'Onerous' Overdraft Fees, Suit Says
• SEC's Peirce Outlines Path To Exempt Tokenized Securities
• Crisis Management Lessons From The Parenting Playbook
• Miami Atty Disbarred Over Insistence Of Foreclosure Fraud
• Wife Of Former FTX Exec Says Charges Are Built On Deception
• Coinbase Buying Crypto Options Firm Deribit For $2.9B
• CFPB Vacatur Bid Sheds Light On Agency Decision-Making
• Rising Tide Of Trump Pardons Not Lifting All Boats, Attys Say
• Senate Backs Bid To Scrap Biden-Era OCC Bank Merger Rule
• OCC Affirms Banks' Crypto Custody, Execution Capabilities
• Upstart Says SEC Has Ended Probe Into AI, Loan Disclosures
• Moelis Atty Says Chancery Ruling 'Handcuffed' Co.
• Deutsche Bank, Computacenter Sued For Firing Whistleblower
• Walgreens Wants 'Far-Fetched' Shareholder Suit Tossed
• Boston Judge Tosses Mastercard Payments Monopoly Claims
• FSOC Rethink Of SIFI Labeling 'Is On Agenda,' Bessent Says
• Wells Fargo Forced Short Sales Despite CARES Act, Suit Says
• US Bancorp Retirees Pare Down Class Status Request
• Cannabis Firm Faces $11M Loan Default Lawsuit In Colo.
• The Potential Efficiencies, Risks Of Folding PCAOB Into SEC
• Edward Jones' Arbitration Delay Lets Worker Return To Court
• Adapting To Private Practice: From NY Fed To BigLaw
• PennyMac Wins Quick 9th Circ. Appeal Of Libor-Rate Ruling
• VIX Note Investors Can't Revise Revived Suit, Judge Finds
• DC Circ. Sides With BofA In COVID Market Loss 'Uphill Battle'
• SDNY Taps Sullivan & Cromwell Atty To Lead Criminal Division
• Judge Scolds US Over 'Vague' Bid To Stay $380M Award Row
• Experian Trims But Can't Ditch CFPB's Credit Reporting Suit
• 4th Circ. Affirms Win For Ariz. Law Firm In 'Sham' TCPA Suit
• B. Riley Escapes Investor Suit Over National Holdings Buyout
• Morgan Stanley Says SEC Has Closed Cash Sweep Probe
• CFPB Abandons Enforcement Of Buy Now, Pay Later Rule
• 3rd Circ. Won't Review PNC's $106M No-Coverage Ruling
• EPA Urges DC Circ. To Block Climate Change NGO Grants
• Reviewing Trump Admin's Rapid Pro-Crypto Regulatory Pivot
• State Officials Say CFPB Is Holding Up $4.2M Redress Checks
• Top 3 Litigation Finance Deal-Killers, And How To Avoid Them
• 4th Circ. Seems Split On BofA's Post-Merger Tax Offset Claims
• Senate Panel Advances Bowman For Fed Supervision Chief
• Long Island Judge Installed As Interim EDNY US Atty
• Credit Suisse To Pay Feds $510.6M For Helping Hide Assets
• Debt Agency Agrees To $2.6M Deal To End Data Breach Claims
• House GOP Eyes Expanded CFTC Oversight Of Crypto
• Skadden-Led Crypto Platform EToro Eyes $480M IPO
• Crypto Exec Says Feds Failed To Disclose Key Evidence
• Celsius Exec Decries 'Venom-Laced' Gov't Sentencing Memo
• Ex-NY Gov. Aide Can't Ax Foreign Agent Charges
• Crypto Miner Objects To Celsius Sanctions Try In Ch. 11 Case
• Texas Rep. Cuellar, Wife Must Face Bribery Trial In Houston
• Ohio Debt Collector Hit With Nuisance Calls Suit
• Proskauer Adds 2 Finance Partners From A&O Shearman
• How Attys Can Use A Therapy Model To Help Triggered Clients
• Tracking The Evolution Of Liability Management Exercises
• Umpqua Bank Class Seeks Approval Of $55M Ponzi Suit Deal
• Credit Repair Specialist Gets 1 Year For Role In $14M Fraud
• Novelist Owes $715K In FBAR Penalties, US Says
• How Banks Can Manage Risk As AI Adoption Expands
• Head Of 'Mother Teresa' Ponzi Scheme Owes SEC $4.1M
• Dems Urge Fed To Rethink $35B Capital One-Discover Deal
• Gores Group's Latest SPAC Leads 3 IPOs Totaling $792M
• Texas-Led AGs Defend BlackRock Coal Investments Suit
• With Lowell's New Firm, San Juan Bank Appeals NY Fed Loss
• CFPB Wins $43M Judgment Against Debt-Relief Provider
• More Crypto Easing For Banks Is 'Critical,' Trade Groups Say
• TD Bank Must Face Suit Over Name Used To Collect On Debt
• FinCEN Wants Banks To Monitor For Cartel Oil Smuggling
• What Banks Must Do To Attract Gen Z Customers
• Mass Arbitration Reform Must Focus On Justice
• Connecticut Firm Can't Reargue Ruling In Lawsuit Over Scam
• Groups Seek Order Halting Trump's Restructuring Of Gov't
• Sidley Adds 10 A&O Shearman Attys In DC, NY, Singapore
• What Bank Regulator Consolidation Would Mean For Industry
• Frank Execs Trade Blame In Dueling Bids For New Trial
• Community Groups Accept Pause In CTA Litigation
• 3 Steps For In-House Counsel To Assess Litigation Claims
• Ex-Credit Union Regulator Says Suing Trump 'Had To Be Done'
• 2 Firms To Co-Lead Block Investor Suit Over Cash App
• Truist's $4.1M Robocall Class Settlement Gets Initial OK
• CFPB, Lenders Float Deal To Vacate Medical Debt Rule
• Crypto Influencer Launches SPAC As 2 Acquirers Tap Market
• PetroSaudi Insists Pause Not Warranted In $380M Award Suit
• Breaking Down Ill. Bellwether Case For Bank Preemption
• Bank Says Insurer Owes $1.8M In Vandalism Coverage
• AT&T Win Is FDIC's Loss On In-House Cases, 5th Circ. Told
• Sony Eyes $49B Semiconductor Unit Sale, Plus More Rumors
• Teaching College Students Makes Me A Better Lawyer