BloombergEx-House Speaker Hastert Indicted for Dodging Banking LawBloombergFormer Speaker of the U.S. House of Representatives Dennis Hastert was indicted on charges of evading currency-reporting requirements and lying to the FBI as part of a hush-money scheme. Hastert, 73, withdrew $952,000 in small increments to avoid a ...Former GOP US House Speaker Dennis Hastert Indicted For Violating […]
S&C Reloads in Battle over NYC Bank RegulationsThe Am Law Litigation DailyIn a declaratory judgment lawsuit filed Tuesday in Manhattan federal court, Cohen and S&C partner Robert Giuffra Jr. asked for an injunction to block the enforcement of New York City's Responsible Banking Act, also called Local Law 38. The law, adopted ...
Banks oppose NYC law fostering services in low-income areasReutersFiled on Tuesday by the New York State Bankers Association, the lawsuit said the Responsible Banking Act was turning the city into a banking regulator, putting it in conflict with federal and state officials who have exclusive authority to supervise banks.
Yahoo News UKEU vote sends draft law to rein in bank risks back to drawing boardYahoo News UKLONDON (Reuters) - A panel of European Union lawmakers narrowly rejected a draft law aimed at curbing trading risks at banks after they failed to bridge a deep divide between the main parties. The European Parliament's economic affairs […]