Court cases

The Consumer Financial Protection Bureau’s final rule on arbitration clauses may be bad news for alleged corporate wrongdoers like Equifax and Wells Fargo, but surely for the victims of such wrongdoing — and for consumers, generally — it is good news indeed.

Most of the country has never heard of Madden v. Midland Funding, but the impact of the misguided court decision on consumers is far-reaching.

A long-term discussion about rethinking rules of the credit market is worth having, but for right now Congress should restore clarity by correcting the Second Circuit’s mistake.

Bank accused of overcharging small-business credit card customers; is digital currency an investment vehicle or just a currency?

The investors suing PayPal, who seek class-action status, say the company served as the payment processor for about $134 million in investments in Traffic Monsoon. They’re seeking at least $5 million in damages.

The president may soon replace Thomas Curry as bank regulator with an interim appointment; Supreme Court says city can sue B of A and Wells Fargo over predatory lending.

Digital lenders have been partnering with banks to get around state-by-state usury caps, but that approach is facing tougher scrutiny.

The Office of the Comptroller of the Currency can give lenders relief from the effects of a recent court decision over interest rate authority, but only if the agency chooses to do so.

Banks have long been eager to see regulators knocked down a peg in the courts, but now that it might actually happen under President Trump, some are beginning to wonder if it might ultimately boomerang against the financial services industry.

Bankers' association takes the Federal Reserve to court over dividends diverted to highway fund; JPMorgan Chase CEO makes a killing buying his stock at the bottom.