Banking

  • March 17, 2026

    Fla. Judge Orders Consumers To Arbitrate Binance Claims

    A Florida federal judge sent two proposed class suits against Binance to arbitration Monday after finding that the arbitration provision of Binance's terms of use applied to the investors' claims that the exchange laundered stolen cryptocurrency.

  • March 17, 2026

    BlackRock, State Street Want GOP States' ESG Suit Pared

    BlackRock and State Street have asked a Texas federal judge to significantly winnow antitrust claims from Republican state attorneys general accusing the asset managers of driving up coal prices, arguing that claims based on electricity buyers are too far removed from coal.

  • March 17, 2026

    Prediction Markets Have Opened Compliance 'Pandora's Box'

    The burgeoning prediction market has exploded the definition of what qualifies as confidential corporate information that employees could misuse for personal gain, leaving companies scrambling to update internal policies and guidelines, compliance experts say.

  • March 17, 2026

    NY Accuses Solar Co., Lenders Of $275M Homeowner Fraud

    New York's attorney general sued a solar panel company and two lending partners in New York state court Tuesday, accusing them of a $275 million scheme involving costly solar and home improvement projects falsely pitched to homeowners as free or subsidized.

  • March 17, 2026

    Mastercard To Acquire BVNK For Up To $1.8B

    Mastercard said Tuesday that it has agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion as the global payments giant looks to expand its "end-to-end support of digital assets" and connect blockchain-based payments with more traditional financial platforms.

  • March 16, 2026

    OCC Calls For Preemption Of Ill. Swipe-Fee Law At 7th Circ.

    A top U.S. banking regulator is seconding the banking industry's call for the Seventh Circuit to block Illinois' tax and tip swipe-fee ban, arguing a lower-court judge missed the "forest for the trees" in ruling the state-law restrictions are enforceable against banks it oversees.

  • March 16, 2026

    EB-5 Investors Land Class Cert. In TD Bank Escrow Suit

    A Manhattan federal judge has certified a class of EB-5 immigrant investors who claim TD Bank improperly released nearly $50 million of their funds from escrow, which allegedly caused the money to go missing and scuttled their efforts to seek visas. 

  • March 16, 2026

    Amazon Prime Parallels Threaten Doxo's Bid To Beat FTC Suit

    Online bill pay platform Doxo fought uphill at a hearing Monday in Washington federal court to beat the Federal Trade Commission's claims it misleads consumers, with the judge noting that Amazon.com Inc. had made some of the same arguments in the FTC's lawsuit targeting its Prime subscription program and lost.

  • March 16, 2026

    Discovery Moves Ahead In $7M Bulgarian Gas Project Feud

    A federal magistrate judge has declined to pause discovery pending arbitration in an Illinois-based community bank's litigation seeking to determine the proper owner of $7 million it's holding in escrow for a Bulgarian natural gas construction project, saying he is not convinced a stay is warranted.

  • March 16, 2026

    High Court Urged Not To Review VRDO Class Cert.

    The U.S. Supreme Court was urged not to review a Second Circuit decision upholding a class certification ruling in a $12 billion antitrust case over municipal bonds, with the class telling the justices the lower court properly analyzed the supporting expert evidence.

  • March 16, 2026

    Edible Arrangements Wins Sanctions, Beats Ex-COO's Claims

    A Georgia federal judge struck the answer filed by Edible Arrangements' former chief operating officer and his company as a sanction for bad faith discovery conduct, finding they hid key evidence about millions in vendor checks deposited into a personal account.

  • March 16, 2026

    Capital One's $5B Brex Purchase Must Be Blocked, Judge Told

    A group of consumers wants a California federal judge to bar Capital One's proposed $5.15 billion acquisition of fintech company Brex, arguing it violates antitrust laws, after the group's first bid to halt the bank's purchase of Discover Financial Services failed. 

  • March 16, 2026

    Panel Skeptical Of Billionaire Vik's Win Over Deutsche Bank

    The Connecticut Appellate Court on Monday scrutinized the complex timeline of a 13-year multinational litigation, seeming to doubt that Deutsche Bank AG could be blocked from suing billionaire Alexander Vik and his daughter for allegedly tanking the price of an asset sale.

  • March 16, 2026

    BofA Reaches Deal In Epstein Enabling Class Action

    Bank of America has reached a settlement in principle with a plaintiff who accused it in a proposed class action of facilitating Jeffrey Epstein's sex crimes, according to a Monday court filing.

  • March 16, 2026

    State AGs Sue OneMain Over Expensive Loan 'Add-Ons'

    Thirteen states and their attorneys general filed a federal lawsuit against OneMain Financial and its associated companies over its alleged practice of charging customers for "add-ons" to their loans like insurance programs without disclosing the extra interest that comes with them.

  • March 16, 2026

    Bronx Project Facing Sale Hits Ch. 11 To Probe 'Treachery'

    The developer of a 900-unit housing project in the Bronx that was awarded a $55 million state grant in October has filed for bankruptcy to stop a foreclosure sale, blaming what it called "treachery" in the transfer of a senior mortgage, in the second such filing the company brought in recent months.

  • March 16, 2026

    Brokerage Lacks NY Ties In Pensions' Tax Claims, Judge Says

    A New York federal court threw out claims by three pension plans against a London brokerage firm that, according to the plans, executed fraudulent refund claims for them to the Danish tax authority, finding the brokerage had insufficient ties to New York.

  • March 16, 2026

    WisdomTree Snags Atlantic House In $200M Deal

    Financial services company WisdomTree Inc. on Monday announced plans to acquire London-based Atlantic House Holdings Ltd., in a deal worth roughly $200 million that was built by three law firms.

  • March 16, 2026

    4 Firms Guide Crypto Firm Abra's $750M SPAC Merger

    Cryptocurrency platform Abra said Monday that it will go public through a merger with a special purpose acquisition company in a deal advised by four firms that's based on a $750 million valuation for Abra.

  • March 16, 2026

    SEC Enforcement Head Resigns After 7 Months

    The U.S. Securities and Exchange Commission announced Monday that its enforcement director, Margaret "Meg" Ryan, has resigned from the agency after nearly seven months on the job.

  • March 16, 2026

    Sen. Warren Probes Auto Lenders On Military Borrower Rates

    The U.S. Senate Banking Committee's top Democrat pressed major auto lenders for underwriting information on military service members, noting they pay higher rates on average while statutory lending protections for service members exempt many auto loans.

  • March 13, 2026

    CFPB Can't Rely On 'Erroneous' Funding Theory, Court Says

    The Consumer Financial Protection Bureau must continue to request needed funding from the Federal Reserve, a California federal judge ruled Friday, saying Trump administration budget chief Russell Vought "acted arbitrarily, capriciously and contrary to law" by refusing to replenish the agency's dwindling funds.

  • March 13, 2026

    Split 10th Circ. Refuses To Rehear Custodia Account Suit

    The Tenth Circuit on Friday denied a full court reconsideration of an earlier decision granting Federal Reserve banks discretion to reject master bank accounts, but a dissenting judge argued in favor of crypto-focused Custodia Bank's position that the decision would give the Fed too much power over state banks.

  • March 13, 2026

    ROSS Says Anthropic Case Supports 3rd Circ. IP Appeal

    An artificial-intelligence-based legal search engine appealing a finding that its use of Thomson Reuters' Westlaw headnotes did not constitute fair use has pointed to arguments in a separate case it says supports the idea that AI training is connected to national security.

  • March 13, 2026

    Cohen & Buckmann Hires Holland & Knight Benefits Partner

    Cohen & Buckmann PC has hired a longtime Holland & Knight LLP partner who will oversee the firm's mergers and acquisitions benefits support work and continue her executive compensation practice.

Expert Analysis

  • Series

    Law School's Missed Lessons: Intentional Career-Building

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    A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.

  • State AG Enforcement During CFPB Gap Predicts 2026 Trends

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    State attorneys general responded to the decrease in Consumer Financial Protection Bureau enforcement in 2025 by stepping in to regulate consumer finance more than ever before, and the trends in rebooting CFPB investigations, cracking down on ESG and DEI initiatives, and fighting financial exploitation of homeowners will likely extend into 2026, say attorneys at Cozen O'Connor.

  • Series

    A Day In The In-House Life: Chime GC Talks Pathfinding

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    On a recent Tuesday in the office, Chime's general counsel Adam Frankel shares his typical work day, tackling everything from strategically guiding product launches and testing AI tools to mastering the perfect latte and making time for extracurricular interests.

  • US Sanctions Targeting Russia's Oil Giants Heighten Biz Risks

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    Businesses operating in the energy sector, both in and outside the U.S., should review their operations for any links to Russian oil companies and their subsidiaries recently targeted by U.S. sanctions, to avoid unexpected reputational and financial risk, and even secondary sanctions, say authors at Blank Rome.

  • Expect A New Normal In Commercial Real Estate This Year

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    Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.

  • 2nd Circ. Ruling Shows Procedural Perils Of Civil Forfeiture

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    The Second Circuit’s recent U.S. v. Ross decision, partially denying the return of an attorney's seized funds based on rigid standing requirements, underscores the unforgiving technical complexities of civil asset forfeiture law, and provides several lessons for practitioners, says Elisha Kobre at Sheppard Mullin.

  • Preparing For Congressional Investigations In A Midterm Year

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    2026 will be a consequential year for congressional oversight as the upcoming midterm elections may yield bolder investigations and more aggressive state attorneys general coalitions, so companies should consider adopting risk management measures to get ahead of potential changes, say attorneys at Morgan Lewis.

  • How Bank M&A Prospects Brightened In 2025

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    Even with less-than-ideal macroeconomic conditions in 2025, federal banking regulators' shift away from procedural concerns to focus more on core financial risks boosted M&A in several key ways, including shorter review timelines and increased interest in de novo charters, say attorneys at Arnold & Porter.

  • 3 Securities Litigation Trends To Watch In 2026

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    Pending federal appellate cases suggest that 2026 will be a significant year for securities litigation, with long-standing debates about class certification, new questions about the risks and value of artificial intelligence features, and private plaintiffs' growing role in cryptocurrency enforcement likely to be major themes, say attorneys at Willkie.

  • Funding Haze And Deregulatory Pursuits: The CFPB In 2026

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    In 2025, the Consumer Financial Protection Bureau did not seek additional funding from the Federal Reserve and unwound the legacy of former bureau leadership, and this year will bring further efforts to rescind or rewrite bureau regulations, as well as a changed tone to supervision efforts, say attorneys at Covington.

  • 4 Developments That Defined The 2025 Ethics Landscape

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    The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.

  • Navigating AI In The Legal Industry

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    As artificial intelligence becomes an increasingly integral part of legal practice, Law360 guest commentary this year examined evolving ethical obligations, how the plaintiffs bar is using AI to level the playing field against corporate defense teams, and the attendant risks of adoption.

  • Regulatory Rollback And Lingering Limbo: The CFPB In 2025

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    The Consumer Financial Protection Bureau has implemented significant changes since President Donald Trump took office in January, including dismissing actions with prejudice, withdrawing guidance and rescinding rules, casting the bureau in uncertain light heading into 2026, say attorneys at Mayer Brown.

  • 2025 Calif. Banking Oversight Centered On Consumer Issues

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    The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.

  • The Major Securities Litigation Rulings And Trends Of 2025

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    The past 12 months saw increased regulator focus on disclosures concerning artificial intelligence, signs of growing judicial scrutiny at the class certification stage, and shifting regulatory priorities at the U.S. Securities and Exchange Commission — all major developments that may significantly affect securities litigation strategy in 2026 and beyond, say attorneys at Debevoise.

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