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Results: 1-10 of 122

Class action round-up - spring 2014

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 22 2014

In a mortgage-related row, the Ninth Circuit reversed the Central District of California’s grant of summary judgment in favor of several bank

Class action round-up

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 28 2014

Brown v. Mortgage Electronic Registration Systems, Inc., No. 12-3494 (8th Cir.) (Dec. 31, 2013). Affirming denial of motion to remand and grant of

Summary of the final rule implementing the Volcker Rule

  • Alston & Bird LLP
  • -
  • USA
  • -
  • December 19 2013

On December 10, 2013, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit

FOMC releases minutes from the August 10, 2010 meeting

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 1 2010

Yesterday, the Federal Open Market Committee (FOMC) released minutes from the August 10, 2010 meeting, which indicated division over whether Federal Reserve officials should resume purchases of Treasury bonds and what impact the move could have on the nation's economy

Treasury Department announces pricing of public offering of Capital One warrants

  • Alston & Bird LLP
  • -
  • USA
  • -
  • December 4 2009

Today, the U.S. Department of the Treasury announced that it priced a secondary public offering of 12,657,960 warrants to purchase the common stock of Capital One Financial Corporation at $11.75 per warrant, or total gross proceeds of $148.7 million

CFPB proposes rule to supervise nonbank international money transfer providers

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 4 2014

On January 23, 2014, the Consumer Financial Protection Bureau (CFPB, or "Bureau") proposed a rule to expand the scope of its non-depository

Financial Stability Oversight Council to hold first meeting on October 1

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 24 2010

Today, Treasury Secretary Geithner, who serves as chairperson to the Financial Stability Oversight Council, announced that the Council will hold its first meeting on October 1, 2010

Senate Banking Committee hears testimony on Financial Stability Plan

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 10 2009

Today, in his first hearing as Treasury Secretary, Timothy Geithner appeared before the Senate Banking Committee to answer questions concerning the Financial Stability Plan (the “Plan”) announced earlier today

Outlook for the 111th Congress and President Barack Obama

  • Alston & Bird LLP
  • -
  • USA
  • -
  • November 6 2008

Even after passage of two important financial reform bills, the Emergency Economic Stabilization Act of 2008 and the earlier Housing and Economic Recovery Act of 2008, the nation and the rest of the world still face unprecedented economic turmoil, with tight credit markets, plummeting housing prices and growing job losses

Secretary Geithner outlines Treasury’s financial stability plan

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 10 2009

Earlier today, U.S. Treasury Secretary Timothy Geithner introduced and outlined the framework of the new Financial Stability Plan (the “Plan”