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Administrative Resignation Financial Institutions

Orrick, Herrington & Sutcliffe LLP

Brainard resigns as Fed vice chair to join Biden economic team

On February 14, President Biden appointed Federal Reserve Board Vice Chair Lael Brainard to serve as Director of the National Economic Council (NEC). Touting Brainard’s domestic and international economic expertise, Biden...more

Robins Kaplan LLP

Financial Daily Dose 11.16.2020 | Top Story: PNC Financial Reaches $11.6B Deal to Buy BBVA American Operations

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Pittsburgh-based PNC Financial Services Group has reached a deal worth some $11.6 billion to buy the U.S. operations of BBVA, a Spanish lender. The mash-up, “one of the biggest banking deals since the 2008 financial crisis,”...more

Kramer Levin Naftalis & Frankel LLP

Dodd-Frank and Other Laws Facing Indefinite Future in 2017

As 2017 begins, financial markets and the regulators that oversee them are facing significant uncertainty. When President-elect Donald Trump assumes the Oval Office on Jan. 20, all indications suggest that it will mark a...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A NY state court threw out Ace Decade Holdings’ suit against UBS accusing the Swiss lender of fraud for its $500 million investment loss in a Chinese company. The court found that jurisdictional issues plagued plaintiff’s...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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The saga of Theranos whistleblower Tyler Shultz, grandson of former Secretary of State (and Theranos director) George Shultz, who faced threats, a familial rift, and a boat-load of legal fees as he tried to expose Theranos’...more

Proskauer - The Capital Commitment

SEC Shake-Up: President-Elect Trump Expected to Make Key Appointments

In the wake of the election of Donald Trump as the 45th President of the United States, Mary Jo White has announced her intent to step down from her role as Chair of the Securities and Exchange Commission. Chair White, the...more

Ballard Spahr LLP

Holly Petraeus to retire from CFPB

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According to Politico, Holly Petraeus, Assistant Director of the CFPB’s Office of Servicemember Affairs, will be retiring from the CFPB. During her tenure at the CFPB, the protection of military servicemembers and their...more

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