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Daily Business Review

Wells Fargo Board Claws Back $28 Million More From Ex-CEO

Wells Fargo & Co.'s board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt's stock options after determining they were among senior managers who failed to heed warnings of spreading sales abuses for more than a decade.
8 minute read

Daily Report Online

Adams and Reese Raids Baker Donelson to Launch Atlanta, Fort Lauderdale Offices

Adams and Reese has landed a 10-lawyer financial services team from Baker, Donelson, Bearman, Caldwell & Berkowitz to open an Atlanta office and another in Fort Lauderdale.
48 minute read

Daily Report Online

Adams and Reese Raids Baker Donelson to Launch Atlanta, Fort Lauderdale Offices

Adams and Reese has landed a 10-lawyer financial services team from Baker, Donelson, Bearman, Caldwell & Berkowitz to open an Atlanta office and another in Fort Lauderdale.
48 minute read

The American Lawyer

Paul Weiss Poised to Make Rare London Lateral Partner Hire

Alvaro Gomez de Membrillera Galiana, a corporate partner at Simpson Thacher & Bartlett in London, has agreed to join Paul, Weiss, Rifkind, Wharton & Garrison in the city.
96 minute read

New York Law Journal

Oaths No Longer Required for Credit Union Officers in NY

Officers, directors or committee members of state-chartered credit unions in New York will no longer be required to take oaths upon first taking their positions under new guidance from state banking regulators.
3 minute read

Legaltech News

Fintech Innovation Too Quick for Some Outside Counsel

“Not all lawyers were familiar with, or interested in, the intersection of technology and the rules and regulations that govern us as an investment adviser and broker-dealer,” says one GC.
20 minute read

Legaltech News

Fintech Innovation Too Quick for Some Outside Counsel

“Not all lawyers were familiar with, or interested in, the intersection of technology and the rules and regulations that govern us as an investment adviser and broker-dealer,” says one GC.
20 minute read

New York Law Journal

NY Regulators Provide Banks Guidance Over Funds Exempt From Recovery

Banks have received guidance from New York state regulators about how much income of some account holders is protected from recovery from creditors under the state's Exempt Income Protection Act.
4 minute read

New York Law Journal

Financing Rolling Stock: Luxembourg Rail Protocol Steams Ahead

In this Secured Transactions column, Barbara M. Goodstein and Howard Rosen discuss the Luxembourg Rail Protocol, how it compares to the Protocol on Matters Specific to Aircraft and its relevance to the United States.
18 minute read

Daily Business Review

End of an Era? $236 Million Loan for Miami Condo

Ugo Colombo's Brickell Flatiron secures a $236 million construction loan. But the market is weak with Miami-Dade condos for sale beating the pre-recession peak.
9 minute read

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