A bank agreed to pay $100 million to settle a class action lawsuit concerning charges of LIBOR manipulation.
News & Insights
22403 News Results
The Basel Committee on Banking Supervision highlighted the importance of early supervisory intervention to ensure the safety of individual banks and the banking system.
The SEC Division of Trade and Markets granted no-action relief to a music streaming service from certain anti-manipulation regulations that apply to public listings on the New York Stock Exchange.
Several recent rulings illustrate the risks that persist in some states for marketplace lenders utilizing the bank origination model.
NY Fed President and CEO William Dudley encouraged financial institutions to ensure that incentives are aligned with responsible behavior, and that controls are in place for the early detection of misconduct.