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31 May 2024, 6:00 am by Michelle
Reed says she won’t do, even if it means she and her husband, the chef Michael Reed, take a financial hit. [read post]
27 May 2024, 5:45 am by Norman L. Eisen
“[S]ince this story came out in 2018, became public, she’s made hundreds of thousands of dollars because of it. [read post]
22 May 2024, 1:33 pm by Law Lady
BERKLEY INSURANCE COMPANY; THE TEMPO AT ENCORE, LP, a Florida limited partnership; RBC TAX CREDIT EQUITY, LLC, a foreign limited liability company; RBC TAX CREDIT MANAGER II, INC., a foreign corporation; and HOUSING FINANCE AUTHORITY OF HILLSBOROUGH COUNTY, a political subdivision of the State of Florida, Appellees. 2nd District. [read post]
21 May 2024, 9:01 pm by renholding
This should make the Final Rule less disruptive for managers of private funds such as private equity, credit, real estate and hedge funds than the 2016 rule, but there are certain important points for managers to focus on. [read post]
19 May 2024, 4:01 am by Administrator
This letter of credit was issued by the National Bank of Canada at the behest of its customer, Bombardier inc., in favour of a Greek bank, Eurobank Ergasias S.A. [read post]
10 May 2024, 6:00 am by Michelle
For the Fed, driving financial institution adoption of FedNow is top of mind, with interoperability an issue that will follow, Mark Gould, chief payments executive for Federal Reserve Financial Services, said at an industry conference this week. [read post]
4 May 2024, 8:31 pm by Cynthia Marcotte Stamer
Solutions Law Press, Inc. invites you to receive future updates by registering on  here and participating and contributing to the discussions in our Solutions Law Press, Inc. [read post]
29 Apr 2024, 10:00 pm by Sherica Celine
Consumer Regulatory Law Access this practice note for a comprehensive review of the federal legal framework for financial institutions and entities that provide consumer financial services. [read post]
26 Apr 2024, 6:00 am by Michelle
Kathy Hochul that sought to ramp up state-level regulation of the buy-now, pay-later market, a fintech-heavy field that has surged in popularity as a credit card alternative. [read post]
22 Apr 2024, 6:51 am by brbadmin
” “Judge’s Citi Investment Doesn’t Merit Recusal, Ethics Panel Says” — “A federal appellate court judge with a stake in Citigroup Inc. doesn’t need to recuse himself from the banking industry’s challenge to an $8 cap on credit card late fees, a federal judiciary oversight committee said. [read post]
19 Apr 2024, 6:00 am by Michelle
In addition, the regulators focused their attention on artificial intelligence and the use of AI by financial institutions in providing consumer financial services. . . . [read post]
15 Apr 2024, 9:01 pm by renholding
One Tenth Circuit judge has already held that Fourth Corner Credit Union (Fourth Corner), which was legally eligible for a master account and proposed to provide payment services to marijuana businesses, was entitled to a master account as a matter of law. [read post]
15 Apr 2024, 6:48 am by Dan Bressler
“Judge’s Potential Recusal Over Citi Stock Divides CFPB, Industry” — “Parties in a lawsuit challenging the Consumer Financial Protection Bureau’s credit card late fee rule are divided on whether a federal appeals judge hearing the case might stand to financially benefit from the court fight. [read post]
15 Apr 2024, 3:00 am by Andrew Lavoott Bluestone
Plaintiffs also allege that in 2016 and 2017, Kenneth obtained a $2.5 million line of credit from Citibank. [read post]
5 Apr 2024, 6:00 am by Michelle
American Express Co., Discover Financial Services, and Visa Inc. soon followed. . . . [read post]
29 Mar 2024, 6:00 am by Michelle
“More financial activity has moved outside the banking sector in recent years, and a lot of that activity isn’t under direct federal oversight. [read post]
19 Mar 2024, 8:42 pm by Adam Levitin
Moreover, the financial disclosures do not need to be made with the bankruptcy filing. [read post]