/banking?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Banking Copyright 2025 À¶Ý®ÊÓƵ. en-US Wed, 08 Oct 2025 19:13:35 +0000 /banking/articles/2397521?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2397521 A Third Circuit panel that ruled that work passwords are not trade secrets and that the Computer Fraud and Abuse Act is inapplicable to workplace policy violations will rehear arguments from a debt collection company suing two former employees. Wed, 08 Oct 2025 18:06:24 +0000 /banking/articles/2397464?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2397464 A major labor organization, the AFL-CIO, has come out against a Republican draft bill on crypto market structure, saying the draft lacks "meaningful safeguards." Wed, 08 Oct 2025 17:32:14 +0000 /banking/articles/2396817?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396817 Amid growing calls for the full D.C. Circuit to revisit a recent panel ruling that would allow mass layoffs at the Consumer Financial Protection Bureau, the Trump administration is asking for a pause in the case until after the government shutdown is over. Wed, 08 Oct 2025 17:06:45 +0000 /banking/articles/2394123?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2394123 A recent letter from the New York State Department of Financial Services outlining how banks can use blockchain analytics in anti-money laundering efforts is a reminder that crypto activity is not exempted from banks' role in keeping the financial system safe, says Katherine Lemire at Lankler Siffert. Tue, 07 Oct 2025 22:35:16 +0000 /banking/articles/2396774?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396774 An Eleventh Circuit panel Tuesday appeared concerned about IRS procedures that could keep a man from recouping $419,000 he paid to resolve his failure to disclose funds held in foreign bank accounts as he appeals a district court determination that he actually owes $2.2 million. Tue, 07 Oct 2025 22:07:27 +0000 /banking/articles/2397197?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2397197 A United Kingdom wine company executive pled guilty to wire fraud conspiracy in New York federal court Tuesday in a criminal case accusing him of scamming investors out of $99 million after persuading them to make loans using wine collections as collateral. Tue, 07 Oct 2025 22:03:48 +0000 /banking/articles/2396966?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396966 Former prisoners accusing Central Bank of Kansas City of charging excessive fees on prepaid debit cards have pushed back on the bank's effort to undo their certified class, arguing they were subject to a "uniform pattern of conduct" that forced them to accept the cards. Tue, 07 Oct 2025 21:40:44 +0000 /banking/articles/2396973?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396973 A proposed class of homeowners has launched a sweeping class action against Rocket Mortgage, Wells Fargo, JPMorgan Chase and more than two dozen other mortgage lenders, accusing them of conspiring through Optimal Blue's pricing software to secretly share sensitive data and fix mortgage rates nationwide, allegedly inflating costs and deepening the U.S. housing affordability crisis. Tue, 07 Oct 2025 20:13:27 +0000 /banking/articles/2396980?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396980 A Florida community bank has been sued in New Jersey federal court by its former chief risk and compliance officer, who claims that he was fired without cause just months after signing a three-year contract with the bank at a $250,000 annual salary. Tue, 07 Oct 2025 17:42:00 +0000 /banking/articles/2396520?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396520 A recent presidential memorandum marks a shift in federal domestic-terrorism enforcement that should prompt nonprofits to enhance diligence related to grantees, vendors and events, and financial institutions to shore up their internal resources for increased suspicious-activity monitoring and reporting obligations, say attorneys at Morgan Lewis. Tue, 07 Oct 2025 17:26:39 +0000 /banking/articles/2396875?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396875 Prosecutors asked a New York federal judge Monday to sentence a former executive at financial aid startup Frank to six years in prison for helping its founder Charlie Javice trick JPMorgan Chase & Co. into buying the company for $175 million, saying he deserves no leniency for the "brazen" fraud. Tue, 07 Oct 2025 16:38:00 +0000 /banking/articles/2395608?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2395608 Financial services providers should beware several areas where consumer protection regulators are broadening their scrutiny of modern marketing practices, such as the use of influencer testimonials or advertisements touting artificial intelligence-powered products, so they can better adapt to changing expectations for compliance, say attorneys at Hinshaw. Tue, 07 Oct 2025 15:23:14 +0000 /banking/articles/2396426?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396426 A title insurer has no duty to pay a mortgage lender's claim over a $510,000 loan a borrower alleged was fraudulent, it told a North Carolina federal court, saying its closing protection letter explicitly excludes coverage for third-party fraud and that no policy was ever issued. Tue, 07 Oct 2025 14:55:18 +0000 /banking/articles/2396867?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396867 Seyfarth Shaw LLP announced Tuesday that it has hired the former chair of Arnold & Porter Kaye Scholer LLP's structured finance and derivatives practice to co-lead its structured finance team, as well as two of his colleagues. Tue, 07 Oct 2025 14:46:25 +0000 /banking/articles/2393763?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2393763 The Federal Reserve Bank's recently ended crypto supervisory program headlines other recent federal actions from Congress, the White House and relevant agencies that may complicate financial institutions' digital-asset use and attendant compliance strategies, say attorneys at Buchalter. Tue, 07 Oct 2025 14:33:41 +0000 /banking/articles/2396863?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396863 U.S. Securities and Exchange Commission Chairman Paul Atkins said Tuesday that he hopes that moving quickly to adopt new rules deregulating the public and private markets will "future-proof" his agenda against potential tampering by succeeding presidential administrations. Tue, 07 Oct 2025 11:38:41 +0000 /banking/articles/2396936?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396936 Federal banking regulators on Tuesday unveiled a pair of proposed curbs on their supervision programs that would formally ban the use of reputation risk as an exam factor and constrain what examiners can call out for criticism as an "unsafe or unsound" practice. Tue, 07 Oct 2025 10:21:29 +0000 /banking/articles/2394427?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2394427 Antitrust litigation increasingly includes claims for breach of warranty, product liability or state consumer protection violations, complicating insurers' reliance on exclusions as courts analyze whether these are antitrust claims in disguise, says Jameson Pasek at Caldwell Law. Mon, 06 Oct 2025 23:20:12 +0000 /banking/articles/2396551?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396551 The U.S. Supreme Court on Monday declined to undo a precedential Second Circuit decision finding that Sberbank of Russia must face Anti-Terrorism Act litigation related to the 2014 downing of a commercial airliner over eastern Ukraine, rejecting the bank's argument it is entitled to sovereign immunity. Mon, 06 Oct 2025 22:12:15 +0000 /banking/articles/2396484?utm_source=rss&utm_medium=rss&utm_campaign=section /banking/articles/2396484 The Office of the Comptroller of the Currency moved Monday to ease its oversight of banks with under $30 billion in assets, rolling out policy changes that include cutting back on their exam requirements and potentially expanding their access to expedited licensing options.