As data breaches proliferate and fraud losses rise, some consumer protection advocates want to update federal banking laws to include victims tricked into sending money to scammers. Victims like Carly ...

Bank supervision consists of two main prongs: risk management and compliance. On the compliance side, consumer protection laws are being enforced less than at any time since at least the Great ...

Rosh Jaffe, member of the firm's Banking & Finance Team: "One of the adverse consequences of rising inflation was an extreme and rapid rise in the interest environment which had a stressful effect on ...

Act, 2025 allows bank account holders to appoint up to four nominees, enhancing depositor protection and streamlining asset ...

The U.S. Supreme Court has delivered a clear reminder to the U.S. solicitor general: Just because we ask for your views doesn't mean we have to listen to them. The high court on Friday announced it ...

The three major U.S. banking regulators said Thursday they a plan to rewrite much of the outdated regulations tied to a decades-old banking law designed to encourage lending to the poor and racial ...

“When regional banks merge with the ambition of competing with Wall Street banks, they tend to lose focus on their local ...

An Illinois law reducing the fees merchants pay for credit card transactions would leave banks and other card issuers unpaid ...

Bringing in flexibility, convenience and uniformity in banking rules, key provisions in banking laws are set to come into ...