The Federal Deposit Insurance Corporation (FDIC) approved a proposal to rescind its 2024 Statement of Policy on Bank Merger Transactions and withdraw four outstanding proposed rules on brokered deposits, executive compensation, corporate... Read more »
Los Angeles, CA On January 22, Loren Elizabeth Payne filed a class-action California labor lawsuit in Los Angeles County Superior Court alleging that Fifth Third Bank failed to pay wages as required under the... Read more »
The CFPB issued a final rule that limits overdraft fees charged by very large financial institutions. Source link Read more »
An update on the possible implications of the 2024 election on the US regulation of banks. Source link Read more »
On September 17, 2024, the Department of Justice announced its withdrawal from the 1995 Bank Merger Guidelines. The DOJ emphasized that the 2023 Merger Guidelines set out the agency’s approach to merger... Read more »
The Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) separately issued final policy statements updating their approach to reviewing proposed bank merger transactions. Source link Read more »
On January 29, 2024, the Office of the Comptroller of the Currency (OCC) proposed amendments to its rules for business combinations under 12 CFR §5.33 involving national banks and federal savings associations,... Read more »
US President Joe Biden issued an executive order Thursday enabling sanctions to be issued against violent Israeli settlers in the West Bank. The first round of sanctions under the order targets four... Read more »
Belgium Prime Minister Alexander De Croo announced on Thursday that Israeli settlers from the West Bank would be banned from entering Belgium. This follows the US’s announcement of travel restrictions “targeting individuals and... Read more »
Even as it conducts a prisoner release with Hamas, releasing 117 children and 33 women over the four days since Friday, Israel has persisted with arresting dozens of Palestinians in the occupied... Read more »