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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
WCMH Columbus· 6 days agoNEW YORK (AP) — Merrill Lynch has agreed to pay nearly $20 million to settle a class-action lawsuit...
European banks are making heady profits in Russia
The Economist· 2 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· 6 days agoCantero v. Bank of America, N.A., No. 22-529: This case addresses the standard for determining when state laws that regulate national ...
How Private Credit’s Surge Shook Up Big Law’s Money Machine
Bloomberg Law· 3 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 < ...
‘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 ...
Sean Kingston booked into Florida jail on $1M fraud charges
WPIX New York City, NY via Yahoo News· 2 days agoIn addition, the two are alleged to have stolen $86,000 from a customized bed...