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

  • May 27, 2026

    Conn. Justices Fault Bank In Lost Mortgage Note Dispute

    The Connecticut Supreme Court on Wednesday reversed Wilmington Savings Fund Society FSB's appellate and trial court wins in a foreclosure case surrounding a lost $751,000 mortgage note, finding officials at a mortgage servicing firm submitted deficient and contradictory affidavits to support the bank's right to collect money.

  • May 27, 2026

    Investor Accuses FNB Of Forcing Pittsburgh Tower Takeover

    An investor in Pittsburgh's FNB Financial Center claims in a lawsuit filed in Pennsylvania state court that the new tower's namesake tenant sabotaged filling out the office space and suppressed rent revenue in order to keep a $28 million loan from converting to equity, and using that loan to buy out the other investors.

  • May 27, 2026

    BofA Units To Settle Out Of Hedge Fund's Spoofing Suit

    Bank of America has reached a tentative deal for its broker-dealer units to settle out of a hedge fund's long-running lawsuit over alleged manipulation of a former Canadian pharma company's stock, according to a Tuesday filing in New York federal court.

  • May 27, 2026

    Sold Inventory May Drive Tax Treatment Of Tariff Refunds

    Companies determining the tax treatment of refunds expected following the U.S. Supreme Court's February decision invalidating tariffs imposed under the International Emergency Economic Powers Act should consider whether the tariff costs have already reduced their income considering the cost of goods sold, say attorneys at McDermott.

  • May 27, 2026

    CFPB Sued Over 'Drastic' Rollback Of Fair Lending Rules

    The National Fair Housing Alliance sued the Consumer Financial Protection Bureau on Wednesday to overturn the agency's recent rollback of its fair lending regulations, challenging the changes as an unjustified, unlawful move that risks opening the door to credit discrimination.

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