Court cases

Federal appeals court judges in New Orleans on Friday appeared to back claims by investors that Treasury's "net worth sweep" is illegal.

With no fintech applicant officially seeking the agency’s specialized charter, Judge Dabney Friedrich said claims by the Conference of State Bank Supervisors still were not ripe.

A pastor who was falsely arrested for check fraud because of errors made by Wells Fargo employees may be forced to resolve legal claims against the bank in arbitration. The case renews questions about banks' use of the process.

Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.

A California man says the company sent his medical information to a friend of his; the Big Four's monopoly may be coming to an end as Citi and others move in.

Former Barclays CEO John Varley was accused of trying to obtain funds to avoid a government bailout; borrowing to pay for weddings surged last year.

Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal.

The mortgage industry is stepping up its fight against a bill that would raise the Department of Veterans Affairs' mortgage fees to cover medical costs for Vietnam vets.

A federal judge has offered a split decision in a suit regarding Marriott Employees Federal Credit Union, denying plaintiffs' request for damages but refusing to throw the case out entirely.

Last year’s Dodd-Frank rollback facilitated the Chemical-TCF deal; the Fed is holding a conference this summer to discuss possible changes to the tests.

The bank says regulators want information about its possible role in the money laundering scandal; Kristi Mitchem moves to BMO Global Asset Management.

A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month.

In many ways, the declaration of the end of the merchants' swipe fee case against the major card brands last September with a $6.2 billion settlement is not unlike previous efforts to settle the case — in that it won't truly end the antagonism between merchants and the card brands.

CUNA and the credit union leagues of Illinois and Wisconsin filed a brief in support of an institution that is embroiled in litigation over whether its website meets the requirements of the Americans with Disabilities Act.

One week after NCUA filed its own appeal brief, three major organizations banded together in support of the expanded field-of-membership rule

The regulator claimed Congress has already granted it the authority to define field-of-membership areas.

Bank discloses the possible repercussions from its alleged involvement in Malaysian fraud; are banks too blase about “systemic riskiness”?

The lawsuit comes as the $188 milion-asset institution faces backlash from a high-profile national news story that portrayed its business practices negatively.

The Supreme Court upheld using “disparate impact” over three years ago. But with HUD weighing a policy change, banks and advocacy groups are still at odds over the court decision.

Judges say a CashCall loan may have fit the state’s definition of an “unconscionable” interest rate.