News & Analysis as of September 25, 2024

National Labor Relations Board › Financial Institutions

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The National Labor Relations Board is an independent agency of the United States federal government created in 1935 as part of the National Labor Relations Act. The Board consists of five presidentially-appointed members, who are charged with overseeing union elections and hearing complaints of unfair labor practices under the NLRA. less -

FDIC Looks to Ban Non-Competes in Bank Mergers

BakerHostetler on 4/8/2024

The ever-growing pool of Washington alphabet soup agencies targeting the use of employee non-competes has expanded and now includes — along with the FTC and NLRB – the Federal Deposit Insurance Corporation (FDIC)....more

The Rise of Unions in Banking and Finance

Husch Blackwell LLP on 3/11/2024

Historically, the banking and finance industry has operated without much union interference. However, under the current guidance of Jennifer Abruzzo, General Counsel of the National Labor Relations Board (“Board”), the tides...more

Big Labor Continues to Target the Financial Industry

Amundsen Davis LLC on 12/21/2022

As labor unions continue to target banks and credit unions – employers that, as mentioned in our previous blog, unions historically avoided – employers in the financial industry must be aware of labor law developments....more

Fed Chair Primes Wall Street for Aggressive Rate Hikes in 2022

Robins Kaplan LLP on 3/22/2022

Back at it. Let’s dive right in. Fed Chair Powell Jay Powell went on the record to start the week with an attempt to prepare markets for the central bank’s big moves ahead “in its quest to cool off demand and temper...more

Financial Daily Dose 8.31.2021 | Top Story: China Clamps Down on Gaming for Kids and Teens

Robins Kaplan LLP on 8/31/2021

Forget Big Brother and meet Big Parent, as Beijing released new strict limits “on how long minors can play online video games” on Monday. The rules, which bar kids and teens from online gaming on school days and limit them to...more

Financial Daily Dose 8.5.2021 | Top Story: Robinhood Stock Surges a Week After Its Dismal Debut

Robins Kaplan LLP on 8/5/2021

Robinhood, the trading app that helped facilitate the pandemic-era rise of meme stock craziness, has gone meme-level itself this week, with its shares rising more than 65% at one point on Wednesday before Nasdaq briefly...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 3/19/2018

The DOJ is expanding its Wells Fargo sales probe into the bank’s wealth management division, a troubling move for an organization still trying to right the ship in its retail-banking unit where the sham-account scandal...more

Your Daily Dose of Financial News

Robins Kaplan LLP on 10/18/2016

For a start-up looking to unseat Bloomberg as the go-to insider source for financial news [other than this blog, of course], there’s a surefire way to gain some instant credibility: hire one of Bloomberg’s former top execs,...more

Emerging Trends in Arbitration: Battle Brewing Between Executive and Judicial Branches

Stinson LLP on 4/12/2016

In recent years, arbitration has become a divisive issue. Exemplifying the increased public focus on arbitration, The New York Times ran a three-part series in 2015 that was very critical of the state of arbitration law. In...more

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National Labor Relations Board › Financial Institutions

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