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Bank of America Backtracks on Lending Ban to Some Gunmakers
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Bank of America Corp. is loosening restrictions on lending to the firearms and energy...
Merrill Lynch agrees to pay nearly $20 million to settle class action racial discrimination lawsuit
seattlepi.com· 6 days agoThe lawsuit alleges that African American advisers employed by Bank of America-owned Merrill...
European banks are making heady profits in Russia
The Economist· 3 hours agoDays after Vladimir Putin’s invasion of Ukraine, Raiffeisen, an Austrian bank, said it was considering selling its business in Russia. Twenty-seven...
Supreme Court gives homeowners another chance in escrow dispute with Bank of America
Seattle Times· 7 days agoThe Supreme Court on Thursday gave homeowners another chance to force Bank of America and other...
Supreme Court Decides Cantero v. Bank of America, N.A. | JD Supra
JD Supra· 6 days agoOn May 30, 2024, the U.S. Supreme Court decided Cantero v. Bank of America, N.A., No. 22-529, holding that courts must conduct a practical ...
Banks to Bear Heavy Burden in Sizing Up State Law Compliance
Bloomberg Law· 2 days agoThe US Supreme Court’s May 30 decision in Cantero v. Bank of America requires national banks reconsider the state laws they comply with ...
The Supreme Court Update - May 30, 2024 | JD Supra
JD Supra· 7 days agoCantero v. Bank of America, N.A., No. 22-529: This case addresses the standard for determining when state laws that regulate national ...
‘Anti-Woke’ Hits the ATM: Citibank Faces a Farce of a Lawsuit - Banker & Tradesman
Banker & Tradesman· 4 days agoLet’s be clear at the outset: the banking industry has had its share of reputational blunders over allegations of racial discrimination. For example, in ...
How Private Credit’s Surge Shook Up Big Law’s Money Machine
Bloomberg Law· 4 hours agoWhen Daniel Seale joined Latham & Watkins in 2003, he got a taste of what then was a rare type of financing deal known as direct lending. A handful < ...
Michigan boat dealer, with locations across U.S., files for bankruptcy
MLive.com· 2 days agoThe bankruptcy filing comes amid several lawsuits involving the boat dealership, and after a Kent...