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White & Case LLP

Sector trends - September 2024: Specialty Finance / Marketplace Lending

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UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Specialty Finance / Marketplace Lending - Consolidation fever grips non-bank lenders and banks alike—SME lending, revenue-based finance and...more

MoginRubin LLP

Why the Capital One-Discover Merger Makes Sense

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When federal agencies review bank mergers, the competition issues typically relate to the number and location of physical branches and the extent of any overlap in the areas served. By contrast, the proposed $35 billion...more

Cadwalader, Wickersham & Taft LLP

Missing Miami March 1, 2024 - 13 Takeaways From Miami

More than 1,800 industry players attended the 13th annual Global Fund Finance Symposium that wrapped up yesterday afternoon at the Fontainebleau in Miami Beach. There was a lot to talk about in terms of market evolution...more

Robins Kaplan LLP

US Averts Rail Workers Strike With Last-Minute Tentative Deal

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As if we needed to say it, a potential rail workers’ strike would not be ideal for the American supply chain. The walkout “could exacerbate the congestion that has plagued American ports” and “would bring fresh pressure to...more

Robins Kaplan LLP

Hotter-Than-Expected August Inflation Prompts Massive Wall Street Selloff

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So . . . . That was a day on Wall Street, amirite? – NYTimes and WSJ and Bloomberg and MarketWatch For those who somehow missed it, you can thank the slightly-worse-than-expected CPI figures for that market freefall...more

Robins Kaplan LLP

Founder and Exec Chair John Foley Resigns From Struggling Peloton

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Peloton founder John Foley is heading out the door along with other senior leaders “in a management shake-up as the maker of connected exercise equipment races to turn itself around.” Foley had stayed on at the company as...more

Robins Kaplan LLP

ECB Goes Big on Rate Hike to Battle Eurozone Inflation

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As expected, the ECB hiked interest rates ¾ of a percentage point on Thursday, the latest bold move by a central bank to tackle the persistently high inflation that’s dragging down economic growth around the world...more

Robins Kaplan LLP

Juul Reaches Deal with States to Settle Teen Marketing Allegations for $438M

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Vaping powerhouse Juul has reached a sweeping deal to resolve a multi-state inquiry over its “sales and marketing practices that they claim fueled the teenage vaping crisis.” Under the tentative agreement, Juul would pay...more

Robins Kaplan LLP

Disney Likely to Launch Prime-Style Membership Program

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Disney is reportedly mulling over a “broader membership plan, which could offer discounts, special experiences and other perks to its legion of super fans.” The Prime-style program would tout increased value on the company’s...more

Robins Kaplan LLP

US Job Openings Hit 11.2M in July, Show Still-Strong Labor Market

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New figures showed that job openings increased in July, “a sign that the U.S. labor market remains vibrant even as the Federal Reserve tries to cool the economy by raising interest rates.” The job openings and labor turnover...more

Robins Kaplan LLP

CA Lawmakers Target Fast-Food Industry, Children’s Privacy In New Measures

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California lawmakers have passed a bill that, if signed into law by Governor Gavin Newsome, could “transform the way the service sector is regulated by creating a counsel to set wages and improve working conditions for...more

Robins Kaplan LLP

Financial World Anxiously Awaits Economic Guidance from Fed Chair’s Jackson Hole Address

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Today’s the day, and you KNOW that Wall Street will be watching. In a few hours, Fed Chair Powell will take the stage at the Kansas Fed’s annual Jackson Hole conference and provide “an update on the economic outlook that...more

Robins Kaplan LLP

Twitter Whistleblower Accuses Company of Lying About Security Practices and Bots

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In a complaint that has not gone unnoticed by Elon Musk and his legal team, Twitter’s former head of security, Peiter Zatko, “accused the company of making false and misleading statements about its security practices and...more

Robins Kaplan LLP

U.S. Existing Home Sales Drop for Sixth Straight Month

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U.S. home sales fell in July for the sixth month in a row “as higher mortgage rates continue to push would-be buyers to the sidelines.” Sales of existing homes were down almost 6 percent in July from a month earlier and fell...more

Robins Kaplan LLP

Third Point Takes Stake in Disney, Pushes for ESPN Spinoff

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After pushing Disney to go all in on streaming in 2020, activist investing firm Third Point has amassed another sizeable stake in Big Mouse and is lobbying for additional changes aimed at making the sprawling company more...more

Robins Kaplan LLP

Crypto Crash Takes $1B Bite Out of Coinbase in Q2 ...

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As the crypto annus horribilis marches on, the largest cryptocurrency exchange in the U.S.—Coinbase—finds itself dragged down by as well. On Tuesday, the company reported a 63% decline in revenue and “swing to a net loss of...more

Robins Kaplan LLP

Walmart to Cut 200 Corporate Positions Following Lowered Profit Forecasts

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Walmart is joining the recently expanded ranks of companies cutting positions in an effort to fight falling profits. The massive retailer will terminate about 200 corporate workers as part of a restructuring effort largely...more

Alston & Bird

Structured Finance Spectrum – July 2022

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Welcome to the latest edition of the Spectrum, covering hot-topic issues in the structured finance markets in the U.S. and UK. Guest edited by our London team, this edition focuses on the opportunities that come from stressed...more

Latham & Watkins LLP

European Central Bank Announces Plans to “Green” the Debt Capital Markets

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The policy change integrates climate change considerations for the first time into the ECB’s quantitative easing and repo facilities. On July 4, 2022, the European Central Bank (ECB) announced that it would integrate...more

Dechert LLP

International Capital Markets Newsletter - March 2021 - Issue 3: Recent Developments in Kazakhstan Capital Market Regulations...

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Dechert’s International Capital Markets team analyzes some of the practical considerations that Kazakhstan banks should take into account when considering offering their securities domestically and internationally....more

A&O Shearman

EU Draft Technical Standards Published for Further Delaying Securities Settlement Discipline Rules to 2022

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The European Securities and Markets Authority has published a final report and final draft Regulatory Technical Standards to further postpone the securities settlement discipline rules under the Central Securities...more

Proskauer Rose LLP

Regulation Round Up - July 2019

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1 July - The Financial Conduct Authority ("FCA") published a policy statement (PS19/19) setting out the final 2019/20 regulatory fees and levies. The European Insurance and Occupational Pensions Authority ("EIOPA")...more

Perkins Coie

Quarterly Investment Update - 3rd Quarter 2018

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Economic Commentary - The U.S. economy continues to show signs of improvement. Unemployment fell to 3.7 percent, and second quarter GDP grew to an annualized rate of 4.2 percent, which is the highest rate of growth since...more

Proskauer Rose LLP

Regulation Round Up - February 2017

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The FCA and PRA announced changes to enforcement process with the aim of strengthening the transparency and effectiveness of enforcement decision-making processes. Some of the changes have already come into force, the rest...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week in Review

Financial Industry Developments - OCC Discusses Marketplace Lending - On September 13, 2016, Comptroller of the Currency Thomas J. Curry discussed marketplace lending's risks and associated policy questions. He...more

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