Senate Seeks to Roll Back Financial Regulations, 10 Years after Economic Crash
Summary: The Senate is preparing to end financial regulations put in place after the 2008 economic crisis. The Senate plans…
banks
The Glass-Steagall Act: What You Need to Know
Summary: The Glass-Steagall Act was mentioned several times during last night's Democratic debates. In case you're rusty on the now-repealed banking law,…
Banks Have a Mere $65 Billion in Outstanding Legal Costs
Summary: Although many banks have already paid significant sums for their roles in the 2008 financial crisis, many still face…
Dennis Hastert Enters Not Guilty Plea in Federal Banking Case
Summary: Dennis Hastert has pleaded not guilty to charges that accuse him of illegally structuring cash withdrawals to avoid detection…
Axiom Legal May Change the Banking Industry
Summary: Axiom Legal, which provides a multi-shore, technology-enabled management service for its clients, may change the face of the financial industry.…
Major Banks Reporting High Legal Expenses
Summary: As government agencies continue to review evidence against banks for any wrongdoing committed during the financial crisis, these banks…
New York State to Receive $25 Million Payment from Banks
New York State will be paid $25 million by five major banks in the United States because they used electronic…
Hausfeld Settles with Morgan Stanley for $4.95 Million
Hausfeld LLP agreed to a $4.95 million settlement with Morgan Stanley in an antitrust class action regarding municipal derivatives, the…