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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
Houston Chronicle· 6 days agoThe lawsuit alleges that African American advisers employed by Bank of America-owned Merrill...
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 ...
Sean Kingston booked into Florida jail on $1M fraud charges
WJHL· 3 days agoRapper Sean Kingston has been booked into a Florida jail after he and his mother were charged with...
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 ...
European banks are making heady profits in Russia
The Economist· 8 hours agoDays after Vladimir Putin’s invasion of Ukraine, Raiffeisen, an Austrian bank, said it was considering selling its business in Russia. Twenty-seven...
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...
‘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 ...
Illinois' use of license plate-reading cameras amounts to 'dragnet surveillance,' lawsuit says
NBC Chicago· 3 days agoA lawsuit accuses Illinois State Police and state officials of operating an unconstitutional “system...