On May 11, 2023, the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking (NPR) to place a special assessment on larger banks in order to recover the costs associated with protecting uninsured depositors from certain significant bank failures that happened earlier ...

On March 12, 2023, in response to concerns about the ongoing ripple effects of recent bank failures, the Federal Reserve Board established the new Bank Term Funding Program (the Program) to provide additional funding to eligible depository institutions in order to enhance banks’ ability to ...

On December 14, 2022, in its final meeting of the year, the Securities and Exchange Commission adopted final rules relating to Rule 10b5-1 trading plans.

On October 14, 2022, the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board both approved the acquisition of MUFG Union Bank, National Association, by U.S. Bancorp and its subsidiary U.S. Bank National Association.

A strong corporate governance structure for any corporation is made up of a multitude of different factors and layers. At the very top, of course, is the board of directors which must set the tone and framework for effective governance. This rubric applies equally to start-ups and long-established ...

Over the last several years, companies which can be broadly grouped under the umbrella of “fintech,” or financial technology, have been making notable additions to their boards of directors by acquiring talent from traditional financial institutions and regulatory agencies. These ...

The growth and expansion of fintech service providers nationally and internationally over the last five years is reshaping the financial landscape. This evolution includes differentiation in how financial products are delivered and who is providing those financial products. Critical to the success ...

Market share for community and regional banks is slowly being taken away by "nontraditional" providers of financial services, whether they be peer-to-peer lending platforms or other distributors of consumer financial services through the Internet. In addition, global technology leaders are ...

A Manatt team successfully represented Iron Pillar, a venture growth investor backing companies building from India for the world, as the lead investor in Pando’s $30 million Series B funding.

Eighty-six Manatt attorneys have been named to the 2023 edition of Best Lawyers in America, which recognizes the nation’s leading lawyers each year based on a nationwide peer-review survey.Five attorneys were also named Lawyers of the Year by Best Lawyers: Christine Reilly ...

A Manatt team led by Mergers and Acquisitions and Capital Markets Partner and Leader Thomas Poletti and Financial Services Leader Craig Miller represented Enterprise Trust & Investment Company (ETIC) in its acquisition by wealth management firm Lido Advisors.Based in the Greater San Francisco ...

Sameer Patel has an extensive background driving social impact investing, such as new markets tax credits deals, development finance transactions and Opportunity Zone investmentsManatt, Phelps & Phillips, LLP, a multidisciplinary, integrated professional services firm, announced today that ...

Manatt is pleased to co-host a program titled “Banking on the Future: What’s Next for Community and Regional Banks” with Sandler O’Neill + Partners, L.P.

The Future of Fintech and Banking: Opportunities for Collaboration roundtable offers a forum for fintech and bank executives to discuss the key opportunities for collaboration between banks and fintech companies, in addition to the benefits of innovation and disruption associated with fintech ...

Manatt is hosting a Cyber Risk Webcast to provide a background and practical approach to addressing cyber security risks in financial services companies—particularly banks, credit unions and mortgage funds.

Manatt is pleased to sponsor BankDirector.com's Acquire or Be Acquired Conference - Exploring Your Growth Options, taking place January 29-31, 2012, at the Arizona Biltmore in Phoenix.