Patent troll legislation currently before the House Energy and Commerce Committee does too little to protect banks and other businesses from abusive patent infringement claims, ABA and several other trade groups said yesterday.
A novel legal take by the FDIC to bank board decision-making could make it much harder to find qualified bank directors.
Forthcoming regulations may cause many employees to be reclassified to non-exempt status—with a particularly significant impact on the banking industry.
Two patents for check-imaging processes that were being asserted against banks have been invalidated.
The penalty against Regions is the first imposed by the CFPB related to overdraft fees.
The Supreme Court will decide whether a plaintiff has standing to sue for statutory violations under the Fair Credit Reporting Act despite a lack of concrete injury.
The FDIC today issued a final rule making changes and clarifications to its prohibition on individuals or entities associated with the failure of a bank purchasing assets from the bank under FDIC receivership.
Deutsche’s deferred prosecution agreement is the largest of the Libor-rigging settlements.
A Fifth Circuit ruling in Barzelis v. Flagstar Bank F.S.B. will raise questions about how to define a “borrower” under RESPA.
The May/June issue of ABA Bank Compliance magazine, now available online for subscribers, features a cover story on what continuing class action and enforcement litigation means for frontline bank compliance. Other stories cover what bankers are doing to “derisk,” how to build a positive compliance risk management culture and how to handle a change in