We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 54

FDIC announces closing of sale of IndyMac

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 20 2009

On Thursday, the FDIC announced the completion of its previously announced sale of IndyMac Federal Bank FSB to OneWest Bank, FSB, a newly formed federal savings association organized by IMB HoldCo LLC

Standard & Poor’s identifies likely European targets and potential U.S. acquirers

  • Alston & Bird LLP
  • -
  • European Union, USA
  • -
  • July 9 2010

In recent weeks, Standard & Poor's Market, Credit, and Risk Strategies (MCRS) group released its findings regarding the likelihood of U.S. companies engaging in mergers and acquisitions in Europe while also identifying possible targets

Providence Bank assumes all of the deposits of Premier Bank

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 17 2010

On Friday, the Missouri Division of Finance closed Premier Bank, headquartered in Jefferson City, Missouri, and appointed the FDIC as receiver

TCF Financial files suit challenging constitutionality of Durbin amendment

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 13 2010

On Tuesday, TCF National Bank, one of the nation's largest debit card issuers, announced that it had filed suit challenging the constitutionality of the so-called "Durbin amendment" to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) "on three separate grounds: the regulations take our property without just compensation and without Due Process of Law; and they also deny us Equal Protection under the law."

Moody's discloses receipt of Wells Notice

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 10 2010

In its Form 10-Q filed late on Friday, Moody's Corporation disclosed that, on March 18, 2010, it "received a 'Wells Notice' from the Staff of the SEC stating that the Staff is considering recommending that the Commission institute administrative and cease-and-desist proceedings against MIS in connection with MIS's initial June 2007 application on SEC Form NRSRO to register as a nationally recognized statistical rating organization under the Credit Rating Agency Reform Act of 2006

Treasury releases completed transactions report showing more CPP transactions

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 11 2009

Yesterday, Treasury released a completed transactions report showing its most recent round of completed funding under the Troubled Asset Relief Program

Geithner: "the financial system is starting to heal"

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 13 2009

In a speech this morning before the Independent Community Bankers of America (ICBA), while acknowledging that "the process of financial recovery and repair is going to take time," Treasury Secretary Geithner cited several key metrics that indicated that "the financial system is starting to heal"

Dodd and Shelby announce agreement on portions of legislation

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 5 2010

Today, as the Senate continued floor debate on financial reform legislation, Senate Banking Committee Chairman Christopher Dodd (D-CT) announced that he had reached an agreement with Ranking Member Richard Shelby (R-AL) on "provisions for orderly liquidation and emergency liquidity programs in the bill to bring accountability to Wall Street."

Chairman Bernanke presents semi-annual monetary policy report to Senate Banking Committee

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 26 2010

Yesterday, Federal Reserve Chairman Ben Bernanke delivered his semi-annual monetary policy report to the Senate Committee on Banking, Housing, and Urban Affairs

JOBS Act aims to jumpstart capital formation

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 5 2012

The Jumpstart Our Business Startups Act (otherwise known as the JOBS Act), which was signed into law by President Obama on April 5, 2012, contains the most sweeping set of changes to the securities laws governing public and private offerings since the Securities Offering Reform was enacted in 2005