Finance and investment-related court cases

PNC gets sued, LendingClub buys bank, regulators spar: Top stories of the week

02/21/20

Tech firm accuses PNC of stealing trade secrets; online lender LendingClub agrees to acquire Radius Bank; questions arise whether regulators are turning more partisan; and more from this week's most-read stories.

[more]

Wells may keep Parker; New role for mortgage modifications

09/26/19

Wells Fargo still having trouble finding permanent CEO; Some lenders are using the deals to keep their best customers.

[more]

Goldman hires two tech execs; Deutsche settles mortgage suit

09/13/19

The bank is adding senior tech executives from Amazon and Verizon as partners; bank allegedly inflated prices and overcharged investors for mortgage bonds.

[more]

Citi opens bank earnings season; SEC ponders authority over Libra

07/15/19

Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.

[more]

Fiserv hit with lawsuit from small Pennsylvania credit union

05/02/19

The tech company denied allegations from Bessemer System Federal Credit Union regarding security issues and other problems with Fiserv's services.

[more]

Goldman not yet talking 1MDB settlement; Standard Chartered plans buybacks

04/30/19

CEO Solomon says the bank has not yet begun discussions with DOJ about its role in the scandal; the $1 billion buyback would be its first in 20 years.

[more]

Banks battle fintechs over installment sales; Barclays deck cleared

03/07/19

Banks moving past traditional card lending to compete on POS; ; five board members plan to leave before the bank’s May meeting.

[more]

Case dismissed against Barclays trader; AML reports snare another bank

03/05/19

The decision shows how hard it is to prosecute an individual banker; reports say Nordea, the Nordic area’s largest bank, handled suspicious transactions.

[more]

U.S. may probe Swedbank; Bramson’s tougher road to board

03/01/19

The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others.

[more]

Philadelphia says banks colluded; Goldman’s 1MDB legal woes ‘just beginning’?

02/22/19

City sues seven banks for alleged price fixing on floating-rate bonds; analyst says “the most negative revelations are yet to come” in the 1MDB scandal.

[more]