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Interest Rates › Credit Cards › Financial Markets

Orrick, Herrington & Sutcliffe LLP

Fed of New York releases paper analyzing credit card interest rates

Orrick, Herrington & Sutcliffe LLP on

On March 31, the New York Fed published a research paper discussing credit card interest rates and what is behind how they are set. The research explored the relationship between the federal funds rate and the annual...more

Troutman Pepper

Valid at Inception Rule Shot Down by the Second Circuit

Troutman Pepper on

Marketplace lenders and investors that purchase interests in loans originated by banks should pay close attention as it could spawn a host of class action lawsuits if left standing. In a controversial opinion decided on...more

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