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Latest News in Banking
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May 20, 2026
Investment banking advisory firm Lincoln International began trading publicly Wednesday after raising $421 million in its initial public offering steered by Latham & Watkins LLP and Sullivan & Cromwell LLP.
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May 20, 2026
A Georgia federal judge handed a 20-month prison sentence Wednesday to one of 10 defendants in what the government has called a $9 million pandemic loan fraud scheme, characterizing the man's bid to avoid incarceration as "totally unreasonable."
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May 20, 2026
Four laptops were stolen from the U.S. Securities and Exchange Commission's Fort Worth, Texas, office after it was burglarized last year, according to the agency's Office of Inspector General.
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May 20, 2026
U.S. Patent and Trademark Office Director John Squires on Tuesday granted five requests for review of patents under the America Invents Act while turning down seven other petitions.
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May 20, 2026
The Federal Reserve's recently updated supervisory principles sharpen standards for enforcement actions while rewarding self-identification and remediation, signaling a more transparent approach that could reduce uncertainty and reshape how banks manage examination risk and regulator engagement going forward, say attorneys at Davis Wright.
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