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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July 10, 2026
Intuit touted a "momentum" across its businesses while hiding that its TurboTax business was, in reality, poorly performing, an investor alleged in a proposed class action filed Friday in California federal court that also accuses the financial software company's CEO of fraudulently enriching himself by more than $36 million.
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July 10, 2026
JPMorgan employees urged a New York federal judge on Friday not to end their Employee Retirement Income Security Act suit alleging they paid too much for prescription drugs, arguing JPMorgan still has not shown that its contract with its pharmacy benefit manager was reasonable.
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July 10, 2026
Visa must still face allegations that the company knew about and profited from child sexual abuse material on Pornhub under a decision by a California federal judge, who in a separate ruling tossed the suit's claims against the hedge fund lenders who backed Pornhub's parent company.
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July 10, 2026
The Trump administration and a federal labor union that represents staffers at the Consumer Financial Protection Bureau have jointly asked a D.C. federal court to pause weighing a response to the administration's plan to lay off about half of the agency's remaining workforce, arguing the president's nominee to head the agency should be given the chance to review the plan if he is confirmed.
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July 10, 2026
Two Phoenix insurers are demanding an unreasonably high damages award on contract and malpractice claims against McCarter & English LLP and a onetime partner for alleged failings amid commercial loan transactions, a defense finance expert told a Connecticut court, calling the multimillion-dollar figure "speculative."
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