LexisNexis® Legal Newsroom
Jamie Dimon (and JP Morgan) Besieged

Sometimes, after all this time, I forget that I actually worked for JP Morgan. From the fall of 1997 to almost the end of 1999, I was the Director of the JP Morgan Y2k project management office in Latin America. My team made sure all the bank’s systems in Mexico City, Buenos Aires, and São...

Bank Directors Facing Increased Regulatory Scrutiny, Raising Fears of Potential New Liability Exposures

Federal banking regulators have stepped up their interactions with and scrutiny of bank directors, according a recent Wall Street Journal article. The March 31, 2015 article, entitled “Regulators Intensify Scrutiny of Bank Boards” ( here ) details the ways in which regulators are “zeroing...

Money Laundering Allegations and Follow-On Securities Litigation

In the wake of the 9/11 terrorist attacks, Congress enacted or expanded a number of laws regarding the global financial system in order to combat money laundering and promote national security. As I have noted in prior post (most recently here ), regulatory enforcement activity under these laws represents...