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Results: 1-10 of 42

European Parliament contemplates global financial institution tax
  • Alston & Bird LLP
  • European Union, USA
  • February 23 2010

Today, the European Parliament Economic Affairs Committee issued a press release stating that "a globally implemented tax to discourage excessive risk-taking by financial institutions and to ensure the industry pays for the damage caused by the financial crisis should be considered."


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


New Verus unclaimed property audit initiative branches out
  • Alston & Bird LLP
  • USA
  • October 9 2012

We have learned that Verus Financial, LLC (“Verus”), the contract audit firm recently known for conducting multistate unclaimed property examinations of the insurance industry, has begun to focus its audit activity on companies in the securitiesfinancial products and services arena


Federal Reserve delivers 2009 annual report
  • Alston & Bird LLP
  • USA
  • May 26 2010

On Monday, the Federal Reserve delivered its 2009 annual report of the Board of Governors to the Speaker of the House of Representatives


Senate adopts two motions to instruct conferees
  • Alston & Bird LLP
  • USA
  • May 25 2010

Yesterday, four days after passing the Wall Street Reform and Consumer Protection Act of 2010, the Senate adopted two motions to instruct Senate conferees


Class action round-up - spring 2015
  • Alston & Bird LLP
  • USA
  • June 9 2015

On April 27, 2015, the U.S. Supreme Court granted certiorari in Spokeo, Inc. v. Robinssetting the stage for an important decision on whether a


Special master for TARP executive compensation rules on supplemental requests by AIG and Ally
  • Alston & Bird LLP
  • USA
  • August 4 2010

On Tuesday, Special Master for TARP Executive Compensation, Kenneth R. Fienberg, issued supplemental determinations with regard to the 2010 compensation payments and structures of American International Group, Inc. (AIG) and Ally Financial Inc. (Ally


Secretary Geithner speaks on rebuilding the American financial system
  • Alston & Bird LLP
  • USA
  • August 3 2010

On Monday, Treasury Secretary Timothy F. Geithner gave a speech entitled “Rebuilding the American Financial System” at New York University’s Stern School of Business


House Republican Leader Boehner requests live coverage of Financial Regulatory Reform Conference
  • Alston & Bird LLP
  • USA
  • May 23 2010

Following Senate approval of the Restoring American Financial Stability Act of 2010 this past Thursday, House Republican Leader John Boehner (R-OH) sent a letter to Speaker of the House Nancy Pelosi (D-CA) stressing the importance of an "open and fully bipartisan conference committee" to resolve differences between the Senate and House bills


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