banks liability News

U.S. Seeks Tougher Cybersecurity Standards for Banks

U.S. bank regulators last Wednesday outlined cyber security standards meant to protect financial markets and consumers from online attacks against the nation’s leading financial firms. Leading banks will be expected to use the most sophisticated anti-hacking tools on the market …

Florida Court Sides with Bank in Key Mortgage Liability Case

Florida’s highest court has ruled a homeowner cannot re-open a voluntarily dismissed foreclosure case despite allegations that the bank falsified documents, giving a win to banks in a closely watched ruling that could have affected thousands of cases in a …