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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October 13, 2026
A unanimous Fifth Circuit panel affirmed a lower court's ruling in favor of Ginnie Mae in a suit Texas Capital Bank brought over the extinguishment of its lien on reverse mortgage assets, saying there is a "sound statutory basis to conclude" that Ginnie Mae has authority over the entire mortgage once an issuer defaults.
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October 13, 2026
Bank of America was hit with $1.21 billion in fines from the U.S. Treasury Department on Tuesday, with regulators alleging "widespread breakdowns in internal controls" related to the Bank Secrecy Act and anti-money laundering compliance at the nation's second-largest bank.
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October 13, 2026
McDermott Will & Schulte has hired former Greenberg Traurig LLP real estate finance attorney Paul K. Kovachev to be a partner in its transactions practice group in New York City, the firm announced.
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October 13, 2026
A recent pattern in court decisions interpreting letters of credit underscores the importance of using precise language when seeking evergreen protection, so landlords should seek explicit successive-renewal terms, verify issuer forms and calendar deadlines in order to preserve credit support, say attorneys at O'Melveny.
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October 13, 2026
The Delaware Chancery Court last week saw stockholders challenge Nvidia Corp.'s roughly $20 billion deal with artificial intelligence chipmaker Groq Inc., Hertz Global Holdings Inc.'s electric vehicle strategy and more than $1.5 billion in Humana Inc. stock buybacks.
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