Banking

Banking Law360 provides breaking legal news and analysis on the banking sector. Coverage includes high-stakes litigation involving banks, as well as federal, state, and international policy developments and corporate deals.



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Latest News in Banking

  • May 29, 2026

    Barclays Enabled Concierge Sex-Trafficking Ring, Suit Says

    A California woman has filed a proposed class action against Barclays and its former CEO James "Jes" Staley, claiming that the bank and Staley facilitated and enabled a criminal enterprise tied to a luxury concierge company that trafficked, abused and exploited vulnerable young people.

  • May 29, 2026

    Defamation Litigation Roundup: 'The Rip,' Lively, Justin Sun

    In this month's review of defamation fights, Law360 details a suit by a pair of Miami-Dade police officers over a movie starring Matt Damon and Ben Affleck that they said makes them seem like sleazy cops, as well as a case by a Trump family-backed cryptocurrency firm against Justin Sun.

  • May 29, 2026

    Chime Can't Dodge Class Action Over 'Refer-A-Friend' Texts

    A Washington federal judge on Friday declined to throw out a proposed class action accusing online banking company Chime Financial Inc. of violating state law through its refer-a-friend text messages, ruling that the marketing texts don't fall under an exception to Washington's Commercial Electronic Mail Act.

  • May 29, 2026

    CFTC Eyes US Perpetual Derivatives With Kalshi Approval

    The U.S. Commodity Futures Trading Commission on Friday took a leap forward in bringing so-called crypto perpetual derivatives to U.S. traders with a first-of-its-kind approval of Kalshi's bitcoin perpetual futures contract and no-action relief that allows Coinbase to connect U.S. customers with global offerings.

  • May 29, 2026

    FDIC Reaffirms Ex-Bank CEO's Penalty After High Court Trip

    The Federal Deposit Insurance Corp. has again ordered an industry ban and $125,000 fine for a former Michigan bank CEO following a U.S. Supreme Court remand, finding his handling of a troubled borrower relationship still justified sanctioning him under a stricter legal standard.

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