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Latest News in Banking

• January 06, 2026

  Fed Circ. Skeptical Of Ex-Wells Fargo Rep's Whistleblower Suit

  A panel of Federal Circuit judges Tuesday appeared skeptical of a purported whistleblower's appeal in her case alleging she is entitled to a portion of Wells Fargo's more than $2 billion payout over claims the bank misled investors about its residential mortgage-backed securities ahead of the financial crisis.

• January 06, 2026

  Law Clerk Conflict Talk Can't Get Javice Retrial, Feds Say

  Charlie Javice, the founder of defunct student loan startup Frank, should not get a new trial over charges that she defrauded JPMorgan, which acquired her company, simply because two clerks who worked on the trial had accepted offers from a law firm involved in the litigation, federal prosecutors have argued.

• January 06, 2026

  Vectra Bank Claims Lending Co. Owes $4.5M

  Vectra Bank has accused a Colorado-based commercial finance company and two related business entities in state court of defaulting on a $6.5 million loan and said they now owe the bank more than $4.5 million.

• January 06, 2026

  BofA Faces Customer Suit Over Post-Jan. 6 'Surveillance'

  Bank of America was hit with a putative class action accusing it of financial privacy violations tied to the aftermath of the Jan. 6, 2021, U.S. Capitol attack, alleging the bank aggressively mined and illegally shared customer data with authorities looking for leads.

• January 06, 2026

  Envestnet Trade Secrets Suit Cleared For Trial

  A Delaware federal judge has cleared the way for a long-running fintech trade secrets case to proceed toward trial, overruling defense objections to spoliation findings and holding that a jury may infer that destroyed electronic evidence would have been unfavorable to Envestnet Inc. and its former subsidiary Yodlee Inc.

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