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As part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage Bankers Association’s Secondary & Capital Markets Conference & Expo 2024. [read post]
24 May 2024, 6:00 am by Michelle
Big Banks Face Intensifying Political Pressure Over Zelle FraudAmerican Banker – May 22, 2024 (subscription required) Executives from JPMorgan Chase, Bank of America and Wells Fargo are expected to testify this summer before a U.S. [read post]
21 May 2024, 9:05 pm by renholding
Negative examples come from rogue platform bankers in New York, California, or the Bahamas. [read post]
21 May 2024, 6:06 am
The New Yorker article is by Lauren Michele Jackson, writing about Thornton's book "Tits Up: What Sex Workers, Milk Bankers, Plastic Surgeons, Bra Designers, & Witches Tell Us About Breasts. [read post]
21 May 2024, 2:26 am by Jack Bogdanski
Because their wealthy donors like that freak Jamie Dimon are the bankers. [read post]
20 May 2024, 12:34 pm by Michael Lowe
   People like doctors and health care providers facing charges of health care fraud or bankers investigated for involvement in money laundering schemes often feel blindsided. [read post]
17 May 2024, 6:30 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, May 17, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of May 10-16, 2024 Fee Variation in Private Equity Posted by Juliane Begenau (Stanford University), and Emil Siriwardane (Harvard Business School), on Friday, May 10, 2024 Tags: Fee Variation, GPs, LPAs, Private equity, SEC Investment Advisers and Sponsors Compliance Policies: Hot Topics Posted by… [read post]
17 May 2024, 6:30 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, May 17, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of May 10-16, 2024 Fee Variation in Private Equity Posted by Juliane Begenau (Stanford University), and Emil Siriwardane (Harvard Business School), on Friday, May 10, 2024 Tags: Fee Variation, GPs, LPAs, Private equity, SEC Investment Advisers and Sponsors Compliance Policies: Hot Topics Posted by… [read post]
17 May 2024, 6:00 am by Michelle
In response to the Fed’s proposal, the American Bankers Association and eight other bank and credit union associations sent a letter to the Fed urging it to withdraw its proposed interchange-rate adjustments. . . . [read post]
13 May 2024, 6:41 am by Dan Bressler
” “Delaware Supreme Court Holds MFW Inapplicable Based on Banker Conflict Disclosure Deficiencies” — “The Delaware Supreme Court has reversed a Court of Chancery decision dismissing challenges to the acquisition of Inovalon Holdings, Inc. by a consortium led by Swedish private equity firm Nordic Capital in a decision demonstrating the importance of disclosure of financial advisor conflicts in order to obtain the benefit of business judgment rule review under… [read post]
12 May 2024, 9:01 pm by renholding
An increasing number of states have enacted or are considering enacting legislation requiring financial institutions to provide customers “fair access” to financial services. [read post]
10 May 2024, 1:54 pm by Gene Killian
AIG’s bankers professional liability insurance policy excluded coverage for “civil or criminal fines or penalties imposed by law, punitive or exemplary damages . . . or matters that may be deemed uninsurable under the law pursuant to which this policy shall be construed. [read post]
10 May 2024, 7:23 am by bklemm@foley.com
Chamber of Commerce, the Fort Worth Chamber of Commerce, the Longview Chamber of Commerce, the American Bankers Association, the Consumer Bankers Association, and the Texas Association of Business filed a complaint against the CFPB and Rohit Chopra as Director of the CFPB challenging this Final Rule. [read post]
10 May 2024, 6:00 am by Michelle
Americans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackBloomberg – May 7, 2024 (subscription may be required) It’s hard enough for central bankers and Wall Street traders to make sense of the post-pandemic economy with the data available to them. [read post]
9 May 2024, 11:14 am
Bankers Indemnity Insurance Co., 103 F.2d 345 (2d Cir. 1939) The post “Other Insurance” Clauses in Insurance Contracts appeared first on Schwartz, Conroy & Hack, PC. [read post]
8 May 2024, 6:53 am
After her own mastectomy, sociologist Sarah Thornton sought to answer the question" (NYT).Thornton's book is called "Tits Up: What Sex Workers, Milk Bankers, Plastic Surgeons, Bra Designers, and Witches Tell Us About Breasts. [read post]