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Interest Rates Fraud Banks

ArentFox Schiff

The End of LIBOR: Hotel California Edition [Part II]

ArentFox Schiff on

On October 1, 2024, the United Kingdom Financial Conduct Authority (UK FCA) phased out ‘Zombie’ LIBOR, as a transitional benchmark, with the move to alternative “risk-free” rates....more

Quinn Emanuel

The ‘Fraud is Not Enough’ – English law raises the bar for proving reliance in misrepresentation claims

Quinn Emanuel on

I. Introduction - What level of awareness is required to be in a person’s mind when being induced by another to rely on an implied fraudulent representation? According to the English High Court, which recently had to...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 9.21.16

Robins Kaplan LLP on

Testifying before the Senate Banking Committee yesterday, Wells Fargo CEO John Stumpf admitted that the illegal sham-account-creation activity at the heart of its recent SEC fine may have begun earlier than first reported....more

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