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

  • July 21, 2026

    DC Circ. Orders SEC To Rethink FINRA Arbitration Challenge

    The U.S. Securities and Exchange Commission's "largely boilerplate" letter rejecting financial service company Thrivent's bid to challenge the Financial Industry Regulatory Authority's arbitration authority didn't offer enough explanation to secure it judicial deference, a D.C. Circuit panel ruled Tuesday.

  • July 21, 2026

    New York AG's Zelle Fraud Suit May Proceed, Judge Rules

    A New York state judge has ruled New York Attorney General Letitia James can proceed with her lawsuit accusing Zelle operator Early Warning Services LLC of allowing fraud to fester on the mobile payment platform, denying its bid for dismissal of the case.

  • July 21, 2026

    Settlement Admins, Banks, Fintechs Target Conspiracy MDL

    Two banks, three prepaid card companies and four major class action settlement administrators asked a D.C. federal judge to dismiss the consolidated proposed class action accusing them of a wide-ranging kickback scheme juicing administration fees while diminishing class action payouts.

  • July 21, 2026

    Claims Tossed That Fund Backed Child Sexual Abuse Material

    A hedge fund and its affiliates have escaped claims over financing and advice they provided Pornhub's parent company, as a California federal judge found the suit didn't show they had a direct connection to traffickers who uploaded child sexual abuse material or that they knew the platform was "rampant" with the content.

  • July 21, 2026

    Subprime Lender CashCall Hits Ch. 11 With Over $400M In Debt

    CashCall Inc., a subprime lender that once made loans with interest rates exceeding 130%, has filed for Chapter 11 protection in a California bankruptcy court facing legal judgments that total more than $400 million.

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