In July 2018, the International Swaps and Derivatives Association, Inc. (“ISDA”) published a consultation (the “ISDA Consultation”) on options for
The New York Federal Reserve Bank (the “Fed”) has worked for years to promote an alternative reference rate to replace US Dollar LIBOR (“LIBOR”) in
The New York Department of Financial Services fined Barclays Bank PLC and its New York branch US $15 million for the 2016 efforts of Barclays's CEO
On November 7, 2018, the Bank of England’s Prudential Regulation Authority (“PRA”) handed down rare individual penalties when it imposed fines on two
On January 2, 2018, the U.S. Board of Governors of the Federal Reserve System requested comment regarding revisions to the FR Y 9C, FR Y 9LP, FR Y 9SP
Deutsche Bank AG agreed to pay sanctions of slightly more than GB £163 million (approximately US $203 million) to the UK Financial Conduct Authority
The federal mail and wire fraud statutes prohibit a wide range of false or misleading statements. Sometimes questions arise as to when "omissions" are
On May 3, 2011, U.S. Attorney Preet Bharara filed a billion dollar False Claims Act lawsuit against Deutsche Bank and its subsidiary MortgageIT for alleged mortgage fraud spanning from 1999 to 2009.
On May 3, 2011, Manhattan U.S. Attorney Preet Bharara filed a billion dollar False Claims Act lawsuit against Deutsche Bank and its subsidiary MortgageIT for alleged mortgage fraud during last decade’s housing bubble.
In January, the US District Court for the Northern District of New York dismissed a False Claims Act (FCA) case brought by a whistleblower against Dialysis Clinic Inc. (DCI).