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Latest News in Banking
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November 13, 2026
A top U.S. banking regulator cautioned Friday that banks financing the nation's massive artificial intelligence buildout could face credit risks from a range of sources, including opaque funding arrangements, rapidly depreciating hardware and opposition to data center projects.
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November 13, 2026
A North Carolina federal judge Friday declined to decertify a class of roughly 800,000 consumers in a lawsuit accusing TransUnion of selling consumer reports to a sham debt collector without permission, saying the consumers' alleged harm is sufficient for establishing classwide injury and thus standing.
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November 13, 2026
Sidley Austin LLP has hired an ex-Dechert LLP commercial real estate finance partner for a partner role on its real estate and global finance teams in New York City, the firm announced.
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November 13, 2026
Liquidators of the Cayman Islands branch of collapsed Silicon Valley Bank asked a U.S. appellate court to rule the Federal Deposit Insurance Corp. wasn't a successor for ownership of claims they brought against the FDIC itself, saying a lower court's "fundamentally incorrect holdings upend the core premise of international banking."
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November 13, 2026
Mark Chorazak of Skadden Arps Slate Meagher & Flom LLP has helped usher a new generation of federally regulated banks into the financial services industry, guiding fintech and digital asset companies through complex chartering processes as they seek to bring innovative banking and payment models under federal supervision, earning him recognition as one of the 2026 Law360 Banking MVPs.
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