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

  • September 29, 2026

    Tommy's Boats Owner Says Atty Error Led To $65M Judgment

    The owner of defunct boat and water sports dealer Tommy's Boats sued the company's former attorneys from Miller Johnson Snell & Cummiskey in Michigan state court, accusing them of failing to ensure its supplier would buy back unsold inventory in the event of a loan default, an alleged oversight that left the owner personally liable for $65 million.

  • September 29, 2026

    Key Bank Policymaking Official To Depart Treasury

    Luke Pettit, a top U.S. Department of the Treasury official who has helped shepherd the Trump administration's financial services policy agenda will step down next month, becoming the latest federal regulatory official to decamp in advance of the midterm elections.  

  • September 29, 2026

    Fla. Bank Can't Toss Suit Over Alleged Board Entrenchment

    A Florida federal judge Tuesday declined to dismiss a bank shareholder lawsuit alleging board members attempted to entrench themselves following a cannabis-related enforcement action, saying there's sufficient evidence alleging directors acted selfishly to prevent their removal. 

  • September 29, 2026

    3 Firms Build Capitolis' $200M Deal To Acquire eSecLending

    Financial technology company Capitolis on Tuesday unveiled plans to buy eSecLending from private equity shop Parthenon Capital in a $200 million all-cash deal built by three law firms.

  • September 29, 2026

    What Comes Next For Digital Asset Regs After Clarity Act Flop

    After the U.S. Senate recently blocked the Digital Asset Market Clarity Act, agency rulemaking could still offer a near-term remedy, and companies meanwhile should monitor the existing framework assembled from enforcement precedent and case law in the absence of a purpose-built statute, say attorneys at Ropes & Gray.

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