March 14, 2024
Lufthansa Faces Setback as Court Overturns EU Approval of State...
In a blow to Lufthansa, the second-highest court in Europe ruled in favor of Ryanair, annulling a decision by the European Union competition regulator to clear Lufthansa’s state bailout. The...
February 27, 2024
Renowned Legal Scholar Eric Posner Returns to MoloLamken
MoloLamken, a distinguished national litigation boutique, announced the return of Eric Posner, a globally recognized legal scholar, to its Chicago office as counsel. Posner’s rejoining marks a significant addition to...
February 19, 2024
South African Poultry Association to Collaborate with Competition Watchdog
The South African Poultry Association (Sapa) has announced its full cooperation with the Poultry Market Inquiry initiated by the Competition Commission. This decision comes at a critical juncture for the...
December 18, 2023
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB),...
August 24, 2023
Silicon Valley Bank Inter Alia
Interest rate risk, reliance on an undiversified group of uninsured depositors, social media and mobile banking all played important roles in the failures of SVB and other regional banks during...
August 06, 2023
British Finance Sector Wants Delay on New Capital Requirements
England’s central bank is reportedly being pressured to forestall new capital requirements. That pressure, the Financial Times reported Sunday (Aug. 6) is coming from the British finance industry, which wants the Bank of...
July 24, 2023
FDIC Warns Banks Over Estimated Uninsured Deposit Inaccuracies
The Federal Deposit Insurance Corporation (FDIC) said some banks have been incorrectly reporting their estimated uninsured deposits. In an open letter to bank executives posted on its website Monday (July 24), the banking regulator...
May 10, 2023
EU Court Backs Ryanair Challenge To Lufthansa State Aid
On Wednesday, Lufthansa faced a setback when the second-highest court in Europe ruled in favor of Ryanair. The court annulled a decision made by the European Union competition regulator, which...
May 02, 2023
As JPMorgan Scoops Up First Republic, Are Banks Facing Their...
Way back in 1986, the pop band The Bangles had their pulse on what was to come in the banking sector 37 years later. It a familiar refrain in financial...