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Underwriting JPMorgan Chase

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 10.4.16

Robins Kaplan LLP on

The Journal gives us a closer look at Italy’s Monte dei Paschi—the world’s oldest bank (founded in 1472)—that’s deeply tied to Siena and that’s threatening to drag the whole of the region’s economy down with it if it fails,...more

Seyfarth Shaw LLP

Classifying a Loan Underwriter is a Risk Worth Taking, Says Sixth Circuit

Seyfarth Shaw LLP on

The demise of bank loan underwriters’ exempt status has been greatly exaggerated—at least according to a recent Sixth Circuit decision upholding the dismissal of a putative collective action against Huntington Bank. The court...more

Bilzin Sumberg

Editorial: Banks Can Fight Buyback Claims with a Little Help from BofA

Bilzin Sumberg on

Bank of America took a big hit when it reached a record-breaking $16.65 billion mortgage settlement with the United States Department of Justice in August. The company is likely to attempt to recoup as much of the penalty as...more

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