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
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June 22, 2026
Two traders involved in a multi-year insider trading scheme with a former Joseph Gunnar & Co. broker who used confidential information about upcoming secondary stock offerings to make over $1 million in illicit profits pled guilty Monday to securities fraud, according to the federal government.
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June 22, 2026
The U.S. Senate on Monday passed an amended version of landmark housing legislation focused on expanding housing supply and lowering housing costs with an 85-5 vote.
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June 22, 2026
Former executives, underwriters and large investors of now-defunct biotechnology company Zymergen received initial approval on Monday of a $125 million deal to end claims that they misled shareholders ahead of the company's initial public offering by approving misstatements about Zymergen's commercial product pipeline.
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June 22, 2026
The Michigan Court of Appeals upheld a $3 million award to a former employee of a wealth management company, saying Monday that enough evidence supported a jury's finding that CIG Capital Advisors deliberately misled the plaintiff about his ownership status and diverted revenue to hide profits.
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June 22, 2026
The ex-CEO of Sound Federal Credit Union asked a Connecticut state judge on Monday to dismiss portions of the credit union's two counterclaims asking him to return $80,000 for services he didn't perform because he was fired, saying it was not the correct party to bring such counterclaims.
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