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April 06, 2023 | New York Law Journal

Meet the Manhattan Prosecutors Taking on Donald Trump

Together the group has more than 125 years of litigation experience, more than 75 years of prosecutorial experience, and more than 65 years of service to the Manhattan DA's Office.
9 minute read
April 03, 2023 | Daily Business Review

Banking System Will Ride Out Challenges and Survive

The crux of the problem, over and above customer uncertainty and perhaps bank mismanagement, is inflation. As the U.S. government and leaders around the world look to tamp down their on-fire, post-COVID economies, they've raised interest rates, hoping for a soft landing to avoid a recession.
5 minute read
February 10, 2023 | New York Law Journal

Bankers Beware: The Reach of the Procuring Cause Standard

'Morpheus' and 'Dominik' raise the prospect that courts—and certainly parties litigating an investment banking fee—will be tempted to stack the deck in favor of a vague and fact-specific procuring cause standard. Once again, bankers beware.
9 minute read
December 20, 2022 | Daily Business Review

2022, the Year That Changed Banking in Europe

After a decade of struggling to keep up with Wall Street, European banks are enjoying a rare period of outperformance, buttressed by four large interest rate increases in the span of just half a year.
8 minute read
December 16, 2022 | Daily Business Review

Global Recession Risks Rise as Central Banks Raise Rates

Major central banks this week signaled their willingness to countenance a global recession in 2023 as they promised to raise borrowing costs further in their ongoing battle against sky-high inflation.
6 minute read
December 14, 2022 | Daily Business Review

Danske Bank Pleads Guilty to US Fraud, Will Forfeit $2B

Danske is working to move past a scandal that wiped out top management and saw thousands of customers leave in one of Denmark's worst cases of corporate malfeasance.
4 minute read
December 01, 2022 | Daily Business Review

Stocks Churn Around 200-Day Average Ahead of Jobs Report

The remarkably resilient U.S. jobs market is beginning to cool, but Friday's employment report will fall far short of the turning point Federal Reserve officials are seeking in their battle to beat back inflation.
4 minute read
November 18, 2022 | Daily Business Review

Ex-Citi Trader Says Bank Distorted Chats to Get Him Indicted for Price-Fixing

The suit seeks $112 million in damages and alleges a former Citi executive's review of a trader's chat communications misled prosecutors in a way that falsely implicated him. He was found not guilty after a trial in 2018.
6 minute read
November 03, 2022 | New York Law Journal

Trump Businesses Ask Judge to Reject NY AG's Bid to Appoint Monitor

New York Attorney General Letitia James has asked Manhattan Supreme Court Justice Arthur Engoron to block the Trump entities from transferring assets without the court's approval and to appoint an independent monitor to oversee their financial disclosures.
4 minute read
October 18, 2022 | Daily Business Review

Bankers Told They Can Ignore Binding Fossil-Finance Restrictions

Efforts to reassure bankers that they can continue to finance oil, gas and even coal, come less than a month before the COP27 climate summit in Egypt.
3 minute read

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