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SEC sued over broker-dealer texting fines data
InvestmentNews· 3 hours agoA lawsuit filed today against the SEC seeks information about how the agency has calculated billions of dollars in fines against broker-dealers for...
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· 7 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· 3 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· 13 hours agoDays after Vladimir Putin’s invasion of Ukraine, Raiffeisen, an Austrian bank, said it was considering selling its business in Russia. Twenty-seven...
Too big to fail? Bankrupting NCAA would have been needed new chapter for college sports
Gannett via AOL· 2 days agoThe profound structural problems plaguing college sports remain—an out-of-control NIL marketplace, de facto unlimited free agency on the transfer portal, weak coaching contracts ...
‘Anti-Woke’ Hits the ATM: Citibank Faces a Farce of a Lawsuit - Banker & Tradesman
Banker & Tradesman· 5 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...