By Meghan Tribe | April 24, 2017
Sullivan & Cromwell snags Adam Szubin, a former acting under secretary for terrorism and financial intelligence at the Treasury Department, as of counsel for its financial services group in Washington, D.C. Szubin was a key architect of the Obama administration's controversial nuclear deal with Iran.
1 minute read
By Sue Reisinger | April 21, 2017
The World Bank Group is set to name Pascale DuBois to its top anticorruption post as its next Integrity Vice President.
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By Rebecca Cohen | April 19, 2017
Troy Zander, a venture debt finance partner at DLA Piper in Silicon Valley and San Diego, is headed to Cooley. Zander served as an office managing partner in San Diego for DLA Piper, which has two offices in the city. Litigation partner Jesse Hindman also recently left DLA Piper in San Diego to start his own shop.
1 minute read
By Stephanie Forshee | April 19, 2017
An analysis published Tuesday from London law firm EMW shows a drastic spike in global patent filings related to fintech in 2016 compared to 2015.
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By Charles Toutant | April 19, 2017
While expectations should be tempered, experts said blockchain adoption will bring changes to the practice of law.
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By Stephanie Forshee | April 19, 2017
Many traditional financial institutions, trade groups and regulators are seeking more clarity on regulations or outright opposing the OCC's proposal.
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By Stephanie Forshee | April 18, 2017
Public comments are now available on a new set of draft guidelines dealing with special purpose bank charters for fintechs.
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By C. Ryan Barber | April 18, 2017
Netspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
1 minute read
By C. Ryan Barber | April 18, 2017
Netspend and its parent company Total System Services have spent hundreds of thousands of dollars lobbying on prepaid card rules and other regulatory matters. The two companies are not backing down. Netspend is pushing the Consumer Financial Protection Bureau to delay its new rule, and on Capitol Hill, Total System Services is jumping into an effort, sponsored by Republican lawmakers, to tear up the new regulation.
1 minute read
By C. Ryan Barber | April 13, 2017
The question hanging over the CFPB's arbitration rule—a proposal that drew tens of thousands of comments from consumer and business advocates—is less now about the finer points of the final rule than about whether the regulations will ever see the light of day at all. For the agency, the threat of a congressional override is not abstract. Republican lawmakers in the House and Senate proposed bills to tear up the CFPB's prepaid card rule.
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