Banking News – Senior officials rally behind Deutsche
 Shares rise as German lender nears agreement with US justice sphere
FT.com – Banks – http://www.ft.com/cms/s/0/8eadb5ee-8728-11e6-bbbe-2a4dcea95797.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
Month: September 2016
Small Banks Count on Tech as Equalizer in Student Lending
Banking News – Small Banks Count on Tech as Equalizer in Student Lending The private student loan market is dominated by large players, but some union banks are turning to a third-party tech company to help them get in the game.
Union Banking – http://www.americanbanker.com/news/bank-equipment/small-banks-count-on-tech-as-equalizer-in-student-lending-1091708-1.html
Small Banks Count on Tech as Equalizer in Student Lending
Banking News – Small Banks Count on Tech as Equalizer in Student Lending The private student loan market is dominated by large players, but some union banks are turning to a third-party tech company to help them get in the game.
Union Banking – http://www.americanbanker.com/news/bank-equipment/small-banks-count-on-tech-as-equalizer-in-student-lending-1091708-1.html
Small Banks Count on Tech as Equalizer in Student Lending
Banking News – Small Banks Count on Tech as Equalizer in Student Lending The private student loan market is dominated by large players, but some union banks are turning to a third-party tech company to help them get in the game.
Union Banking – http://www.americanbanker.com/news/bank-equipment/small-banks-count-on-tech-as-equalizer-in-student-lending-1091708-1.html
Does Brokered-Deposit Bill Give Special Treatment to Promontory?
Banking News – Does Brokered-Deposit Bill Give Special Behavior to Peninsula? Some providers of deposit-position air force to banks are crying foul over a bid they say would give the market’s dominant player, Peninsula Interfinancial Network, an even larger competitive edge.
Union Banking – http://www.americanbanker.com/news/consumer-finance/does-brokered-deposit-bill-give-special-behavior-to-peninsula-1091707-1.html
Does Brokered-Deposit Bill Give Special Treatment to Promontory?
Banking News – Does Brokered-Deposit Bill Give Special Behavior to Peninsula? Some providers of deposit-position air force to banks are crying foul over a bid they say would give the market’s dominant player, Peninsula Interfinancial Network, an even larger competitive edge.
Union Banking – http://www.americanbanker.com/news/consumer-finance/does-brokered-deposit-bill-give-special-behavior-to-peninsula-1091707-1.html
Week in Review, October 1
Banking News – Week in Review, October 1 Spotify in talks with SoundCloud, warning for ancient media, Dalian Wanda, StanChart and ‘megabrew’
FT.com – Banks – http://www.ft.com/cms/s/0/fc32f0b8-86ef-11e6-bcfc-debbef66f80e.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
The Smaller the Bank, the Harder the Reg Hit: Fed’s Stackhouse
Banking News – The Smaller the Bank, the Harder the Reg Hit: Fed’s Stackhouse Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the valve’s recent union banking talks — some cheering for the future of small fiscal institutions, others less so.
Union Banking – http://www.americanbanker.com/news/union-banking/the-smaller-the-bank-the-harder-the-reg-hit-feds-stackhouse-1091705-1.html
The Smaller the Bank, the Harder the Reg Hit: Fed’s Stackhouse
Banking News – The Smaller the Bank, the Harder the Reg Hit: Fed’s Stackhouse Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the valve’s recent union banking talks — some cheering for the future of small fiscal institutions, others less so.
Union Banking – http://www.americanbanker.com/news/union-banking/the-smaller-the-bank-the-harder-the-reg-hit-feds-stackhouse-1091705-1.html
Aaron W. Lipson Named as Associate Regional Director for Enforcement in the SEC’s Atlanta Regional Office
Banking News – Aaron W. Lipson Named as Normal Regional Boss for Enforcement in the SEC’s Atlanta Regional Office 
The Securities and Chat Fee today announced that Aaron W. Lipson has been named the Normal Regional Boss for enforcement in the Atlanta office.
Mr. Lipson started working in the Rift of Enforcement in the Atlanta office in 2004 as a staff attorney, before apt an Supporter Regional Boss in 2010. In 2010, he also joined the Rift’s Complex Fiscal Instruments Unit, which investigates the makings terrible behavior related to asset-backed securities, derivatives, and other complex fiscal harvest. In his new spot, Mr. Lipson will oversee the SEC’s enforcement actions covered by the Atlanta office.
During his career at the SEC, Mr. Lipson has investigated or supervised dozens of enforcement matters concerning a variety of securities law violations, counting charges against:
- The former Chairman and margin owner of Taylor, Bean & Whitaker Finance Corp. (TBW), the one-time largest non-supply finance lender in the country, for his role in orchestrating a large-scale securities fraud scheme and attempting to scam the U.S. Reserves’s Uneasy Asset Relief Program (TARP), and against TBW’s former Treasurer for aiding and abetting the fraud;
- Bank of America and two subsidiaries for defrauding investors in an donation of housing finance-backed securities (RMBS) by failing to release key risks and misrepresenting facts about the underlying mortgages, which were resolved as part of a global agreement with the U.S. Sphere of Justice in which Bank of America paid $16.65 billion and agreed to admit to facts set out in the SEC’s order;
- Fraud charges against 11 former executives and board members at Stuck-up Bank and its holding company caught up in various schemes to hide the extent of loan losses as the bank was faltering in the wake of the fiscal crisis; and
- A pair of Canadian citizens with conducting an global microcap fraud scheme by stockpiling shares in a coal mining company and funding a multi-million dollar promotional battle to hype the stock while at once dumping their shares and routing the proceeds through offshore fiscal proclamation.
“Aaron’s noteworthy encounter investigating diverse violations of the federal securities laws and his keen intellect and discrimination spot him impeccably to lead the Atlanta enforcement team,” said Andrew J. Ceresney, Boss of the SEC’s Enforcement Rift. “We look forward to nonstop successes from the Atlanta enforcement team under Aaron’s leadership.”
“Aaron is respected right through our office for his outstanding track record in producing noteworthy enforcement cases. He is a superb lawyer with exceptional leadership skills. Aaron also brings extraordinary discrimination and information of the securities laws to his new role as leader of the ARO’s talented enforcement staff,” said Walter Jospin, Regional Boss of the SEC’s Atlanta Regional Office.
Mr. Lipson said, “I am honored by this appointment and am truly excited to take up again the Atlanta office’s long history of aggressive but honest enforcement of the federal securities laws. I am also humbled and privileged to be able to take up again to come to work every day with the incredibly talented Atlanta Enforcement team, all of whom have dyed-in-the-wool their certified careers to caring our nation’s investors.”
Before joining the SEC staff, Mr. Lipson worked as a senior legal action normal at Parker, Hudson, Rainer & Dobbs LLP in Atlanta, Georgia. Mr. Lipson earned his law degree with honors from the Academe of Georgia School of Law in 2000, and his single’s degree in history with honors from Yale Academe in 1997.
Mr. Lipson succeeds William P. Hicks, who is now senior trial counsel in the Atlanta office.
SEC.gov Updates: Press Releases – http://www.sec.gov/news/pressrelease/2016-207.html
Aaron W. Lipson Named as Associate Regional Director for Enforcement in the SEC’s Atlanta Regional Office
Banking News – Aaron W. Lipson Named as Normal Regional Boss for Enforcement in the SEC’s Atlanta Regional Office 
The Securities and Chat Fee today announced that Aaron W. Lipson has been named the Normal Regional Boss for enforcement in the Atlanta office.
Mr. Lipson started working in the Rift of Enforcement in the Atlanta office in 2004 as a staff attorney, before apt an Supporter Regional Boss in 2010. In 2010, he also joined the Rift’s Complex Fiscal Instruments Unit, which investigates the makings terrible behavior related to asset-backed securities, derivatives, and other complex fiscal harvest. In his new spot, Mr. Lipson will oversee the SEC’s enforcement actions covered by the Atlanta office.
During his career at the SEC, Mr. Lipson has investigated or supervised dozens of enforcement matters concerning a variety of securities law violations, counting charges against:
- The former Chairman and margin owner of Taylor, Bean & Whitaker Finance Corp. (TBW), the one-time largest non-supply finance lender in the country, for his role in orchestrating a large-scale securities fraud scheme and attempting to scam the U.S. Reserves’s Uneasy Asset Relief Program (TARP), and against TBW’s former Treasurer for aiding and abetting the fraud;
- Bank of America and two subsidiaries for defrauding investors in an donation of housing finance-backed securities (RMBS) by failing to release key risks and misrepresenting facts about the underlying mortgages, which were resolved as part of a global agreement with the U.S. Sphere of Justice in which Bank of America paid $16.65 billion and agreed to admit to facts set out in the SEC’s order;
- Fraud charges against 11 former executives and board members at Stuck-up Bank and its holding company caught up in various schemes to hide the extent of loan losses as the bank was faltering in the wake of the fiscal crisis; and
- A pair of Canadian citizens with conducting an global microcap fraud scheme by stockpiling shares in a coal mining company and funding a multi-million dollar promotional battle to hype the stock while at once dumping their shares and routing the proceeds through offshore fiscal proclamation.
“Aaron’s noteworthy encounter investigating diverse violations of the federal securities laws and his keen intellect and discrimination spot him impeccably to lead the Atlanta enforcement team,” said Andrew J. Ceresney, Boss of the SEC’s Enforcement Rift. “We look forward to nonstop successes from the Atlanta enforcement team under Aaron’s leadership.”
“Aaron is respected right through our office for his outstanding track record in producing noteworthy enforcement cases. He is a superb lawyer with exceptional leadership skills. Aaron also brings extraordinary discrimination and information of the securities laws to his new role as leader of the ARO’s talented enforcement staff,” said Walter Jospin, Regional Boss of the SEC’s Atlanta Regional Office.
Mr. Lipson said, “I am honored by this appointment and am truly excited to take up again the Atlanta office’s long history of aggressive but honest enforcement of the federal securities laws. I am also humbled and privileged to be able to take up again to come to work every day with the incredibly talented Atlanta Enforcement team, all of whom have dyed-in-the-wool their certified careers to caring our nation’s investors.”
Before joining the SEC staff, Mr. Lipson worked as a senior legal action normal at Parker, Hudson, Rainer & Dobbs LLP in Atlanta, Georgia. Mr. Lipson earned his law degree with honors from the Academe of Georgia School of Law in 2000, and his single’s degree in history with honors from Yale Academe in 1997.
Mr. Lipson succeeds William P. Hicks, who is now senior trial counsel in the Atlanta office.
SEC.gov Updates: Press Releases – http://www.sec.gov/news/pressrelease/2016-207.html
Aaron W. Lipson Named as Associate Regional Director for Enforcement in the SEC’s Atlanta Regional Office
Banking News – Aaron W. Lipson Named as Normal Regional Boss for Enforcement in the SEC’s Atlanta Regional Office 
The Securities and Chat Fee today announced that Aaron W. Lipson has been named the Normal Regional Boss for enforcement in the Atlanta office.
Mr. Lipson started working in the Rift of Enforcement in the Atlanta office in 2004 as a staff attorney, before apt an Supporter Regional Boss in 2010. In 2010, he also joined the Rift’s Complex Fiscal Instruments Unit, which investigates the makings terrible behavior related to asset-backed securities, derivatives, and other complex fiscal harvest. In his new spot, Mr. Lipson will oversee the SEC’s enforcement actions covered by the Atlanta office.
During his career at the SEC, Mr. Lipson has investigated or supervised dozens of enforcement matters concerning a variety of securities law violations, counting charges against:
- The former Chairman and margin owner of Taylor, Bean & Whitaker Finance Corp. (TBW), the one-time largest non-supply finance lender in the country, for his role in orchestrating a large-scale securities fraud scheme and attempting to scam the U.S. Reserves’s Uneasy Asset Relief Program (TARP), and against TBW’s former Treasurer for aiding and abetting the fraud;
- Bank of America and two subsidiaries for defrauding investors in an donation of housing finance-backed securities (RMBS) by failing to release key risks and misrepresenting facts about the underlying mortgages, which were resolved as part of a global agreement with the U.S. Sphere of Justice in which Bank of America paid $16.65 billion and agreed to admit to facts set out in the SEC’s order;
- Fraud charges against 11 former executives and board members at Stuck-up Bank and its holding company caught up in various schemes to hide the extent of loan losses as the bank was faltering in the wake of the fiscal crisis; and
- A pair of Canadian citizens with conducting an global microcap fraud scheme by stockpiling shares in a coal mining company and funding a multi-million dollar promotional battle to hype the stock while at once dumping their shares and routing the proceeds through offshore fiscal proclamation.
“Aaron’s noteworthy encounter investigating diverse violations of the federal securities laws and his keen intellect and discrimination spot him impeccably to lead the Atlanta enforcement team,” said Andrew J. Ceresney, Boss of the SEC’s Enforcement Rift. “We look forward to nonstop successes from the Atlanta enforcement team under Aaron’s leadership.”
“Aaron is respected right through our office for his outstanding track record in producing noteworthy enforcement cases. He is a superb lawyer with exceptional leadership skills. Aaron also brings extraordinary discrimination and information of the securities laws to his new role as leader of the ARO’s talented enforcement staff,” said Walter Jospin, Regional Boss of the SEC’s Atlanta Regional Office.
Mr. Lipson said, “I am honored by this appointment and am truly excited to take up again the Atlanta office’s long history of aggressive but honest enforcement of the federal securities laws. I am also humbled and privileged to be able to take up again to come to work every day with the incredibly talented Atlanta Enforcement team, all of whom have dyed-in-the-wool their certified careers to caring our nation’s investors.”
Before joining the SEC staff, Mr. Lipson worked as a senior legal action normal at Parker, Hudson, Rainer & Dobbs LLP in Atlanta, Georgia. Mr. Lipson earned his law degree with honors from the Academe of Georgia School of Law in 2000, and his single’s degree in history with honors from Yale Academe in 1997.
Mr. Lipson succeeds William P. Hicks, who is now senior trial counsel in the Atlanta office.
SEC.gov Updates: Press Releases – http://www.sec.gov/news/pressrelease/2016-207.html
Deutsche Bank: Settling for less
Banking News – Deutsche Bank: Settling for less A US demand for $14bn has rattled Germany’s largest bank, raising the spectre of a Berlin bailout
FT.com – Banks – http://www.ft.com/cms/s/0/e71cd3d0-86ed-11e6-bcfc-debbef66f80e.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
Strategic challenge facing European banks
Banking News – Strategic challenge facing European banks Berlin is right to intimate Deutsche has to solve own harms
FT.com – Banks – http://www.ft.com/cms/s/0/275dc6e8-86fd-11e6-ad89-ba2f348161fb.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
Commerzbank: back to the future
Banking News – Commerzbank: back to the future German bank may be doing the right things — but it is running harder just to stand still
FT.com – Banks – http://www.ft.com/cms/s/3/97807000-86fe-11e6-bbbe-2a4dcea95797.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
HBOS losses in alleged scheme reached £266m
Banking News – HBOS losses in alleged scheme reached £266m Claims bank manager was given cash, travel and escort air force
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/0ab6dcea-8721-11e6-a75a-0c4dce033ade.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct
HBOS losses in alleged scheme reached £266m
Banking News – HBOS losses in alleged scheme reached £266m Claims bank manager was given cash, travel and escort air force
FT.com – Banks – http://www.ft.com/cms/s/0/0ab6dcea-8721-11e6-a75a-0c4dce033ade.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
The Quiet Investor Community Banks Need to Know
Banking News – The Silent Shareholder Union Banks Need to Know Shiv Govindan at Pilgrims & Indians Capital has kept a moderately low profile as a bank shareholder. But two key board appointments at struggling union banks promise to make him a more visible player in the diligence.
Union Banking – http://www.americanbanker.com/news/dealmaking-approach/the-silent-shareholder-union-banks-need-to-know-1091700-1.html
Deutsche Bank puts CDS market to test
Banking News – Deutsche Bank puts CDS market to test Securities donation indemnity against default heavily traded
FT.com – Banks – http://www.ft.com/cms/s/0/945274fc-871f-11e6-a75a-0c4dce033ade.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct
Deutsche Bank shares bounce back
Banking News – Deutsche Bank shares bounce back Executives and regulators rally round Germany’s largest lender
FT.com – Banks – http://www.ft.com/cms/s/0/9d3a1f72-86dc-11e6-bcfc-debbef66f80e.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct