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Featured
The Office of the Comptroller of the Currency on Friday preliminarily approved a closely watched charter application from World Liberty Financial, moving the Trump family-tied cryptocurrency venture closer to launching a federally regulated trust bank.
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October 09, 2026
A Ukrainian-Russian dual citizen pleaded guilty in North Carolina federal court to helping run an international money laundering organization that recruited more than 15,000 U.S. residents to transfer money stolen by hackers, federal prosecutors said.
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October 09, 2026
The past week in London has seen PrivatBank sue its former oligarch owner, building materials' provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding, and energy giants VaroPreem and Viaro Energy become embroiled in an intellectual property row.
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October 09, 2026
President Donald Trump has established a committee to investigate mortgage fraud allegations against Federal Reserve Gov. Lisa Cook and to determine if they provide sufficient grounds to fire her, according to a memo released Friday by the White House.
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October 08, 2026
Throughout the history of professional sports, teams have tried to get an edge. When those efforts have veered into impropriety, it's usually stemmed from violations between the lines: sign-stealing, equipment tampering or spying. But that dynamic is shifting.
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October 08, 2026
The Senate Banking Committee's top Democrat is seeking more details on an unusual gap in leadership that took place this summer at the National Credit Union Administration, questioning how the agency continued to function with an empty governing board.
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October 08, 2026
A Federal Circuit panel focused Thursday on when a business analytics software company's unsuccessful trade secret case against a rival may have crossed the line into bad faith litigation, warranting nearly $2.8 million in attorney fees from a Utah federal judge.
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October 08, 2026
A Blue Owl Capital Inc. investor is suing the company's top brass in New York federal court, arguing that they should be forced to pay up for allegedly hiding from investors that the company's business development unit was struggling.
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October 08, 2026
Ameriprise Financial Inc. on Thursday asked a Minnesota federal court to dismiss a proposed class action from consumers accusing it of failing to safeguard their data from cybercriminals in a March breach, arguing the suit's plaintiffs do not allege that their data was involved in the incident.
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October 08, 2026
The National Fraud Enforcement Division's new corporate enforcement policy emphasizes the quick pursuit of certain types of fraud through data analysis and staff resources, expands the target list beyond traditional healthcare providers and highlights the division's growing dominance within the U.S. Department of Justice, experts say.
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October 08, 2026
American Express has been fined $350 million over findings of systemic deficiencies in its banking unit's anti-money laundering program, including for alleged failures to properly detect and report $13 billion in potentially illicit activity over roughly a decade, federal regulators said Thursday.
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October 08, 2026
Sen. Rick Scott can narrow his suit over an IRS contractor's leak of his tax returns to proceed only on a negligence claim against Booz Allen Hamilton in Florida federal court, a judge ruled, saying the trim avoids overlapping litigation after claims against the leaker were transferred.
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October 08, 2026
SpaceX is seeking financing to purchase $40 billion of Nvidia microchips, Chinese AI company DeepSeek is close to securing a $12 billion funding round, and Anthropic could launch its initial public offering before Thanksgiving. In other reports, Barbie maker Mattel is facing increased pressure to sell after a rough run on the stock market.
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October 07, 2026
The former board chair and co-owner of the Puerto Rico-based Nodus International Bank was sentenced Wednesday to more than five years in federal prison for leading a scheme to fraudulently steal nearly $24 million from the now-collapsed bank, federal prosecutors announced.
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October 07, 2026
A proposed wage-and-hour class action targeting U.S. Bank NA will remain in federal court, a Seattle judge ruled Tuesday, finding that the bank sufficiently showed that the dispute is worth more than $5 million and thus eligible for removal under the Class Action Fairness Act.
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October 07, 2026
A Fifth Circuit judge on Wednesday questioned the rationale for restraining a portion of a receiver's fees, as the lawyer who clawed back $2.8 billion for victims of Robert Allen Stanford's multibillion-dollar Ponzi scheme argued he was entitled to $30 million.
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October 07, 2026
Fintech payment company Conduit Technology says stablecoin issuer Tether Holdings damaged its business and is seeking injunctive relief over Tether's decision to freeze about $2.8 million Conduit stored in a digital wallet.
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October 07, 2026
Iraq Telecom is urging a New York federal judge to order a Lebanese bank to turn over documents as it seeks enforcement of a three-year-old $1.8 billion arbitral award stemming from a fraudulent scheme that gutted its $810 million investment in Kurdish mobile operator Korek Telecom Co.
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October 07, 2026
Community banks want to make sure they qualify to issue letters of credit to voice providers if the Federal Communications Commission decides to go through with rules that would require companies to show they have financial backing in the hopes of staunching the onslaught of robocalls.
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October 07, 2026
A proposed class of UWM Holdings Corp. stockholders urged a Delaware state court to stop the company from going forward with a $400 million stock offering, alleging that the residential mortgage lender's board of directors is offering the stock without sufficient disclosures.
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October 07, 2026
Egan-Jones Ratings Co. announced Wednesday that it has appointed a former branch chief of the U.S. Securities and Exchange Commission's Office of Credit Ratings as its senior director of ratings, several weeks after the SEC ruled that the firm will not be designated a nationally recognized statistical rating organization for rating bonds or asset-backed securities.
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October 07, 2026
An ex-Fifth Third Bank customer service representative has hit her former employer with a proposed class action accusing it of violating the Fair Labor Standards Act by refusing to pay her and other employees for time spent preparing to work.
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October 07, 2026
The trust responsible for liquidating assets of the Silicon Valley Bank, which went into receivership in 2023, owes none of $41 million in assessed tax deficiencies and is due a $21.7 million refund, the IRS and the trust agreed.
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October 07, 2026
The U.S. Department of Housing and Urban Development said Wednesday that it is investigating whether Wells Fargo violated federal antidiscrimination laws by offering mortgage programs aimed at increasing Black homeownership rates.
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October 06, 2026
Federal Deposit Insurance Corp. Chairman Travis Hill on Tuesday defended a new rule that narrows what regulators can call out for supervisory criticism and potential enforcement at banks, saying the change is intended to focus their oversight, not water it down.
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October 06, 2026
A former TD Bank employee pled guilty in New Jersey federal court Tuesday to accepting bribes from a co-conspirator to open fraudulent bank accounts in return for a fee, and facilitating the laundering of $4.8 million from the United States to ATMs in Colombia over a nearly two-year period.