Articles by Katherine Chiglinsky, Greg Farrell and Shahien Nasiripour

New York Regulator Subpoenas Insurance Broker About Trump Organization

New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former personal attorney testified to Congress that the president’s company sometimes …

Lacewell Takes Over as New York DFS Superintendent Following Vullo’s Tenure

When Governor Andrew Cuomo of New York launched his statewide banking and insurance regulator several years ago, he picked an aggressive ex-prosecutor who’d spent years under his wing. Now, in naming his latest chief of the state’s Department of Financial …

Vullo to Step Down as New York Insurance Regulator; Gov. Cuomo Weighs Successor

Maria Vullo is stepping down as head of New York’s banking and insurance regulator, she said in an interview, after three years in which she created a national model for cybersecurity regulations at banks and fought back against federal attempts …

New York Gives Aetna-Humana Merger Green Light with Conditions

New York’s insurance regulator has conditionally approved Aetna Inc.’s $37 billion takeover of Humana Inc., one of the last state sign-offs needed for the deal, people familiar with the matter said. The transaction is still under review by U.S. officials. …

U.S. Victims of Mexican Drug Gangs Sue HSBC Bank Under Anti-Terrorism Act

Families of U.S. citizens murdered by drug gangs in Mexico sued HSBC Holdings Plc, claiming the bank can be held responsible for the deaths because it let cartels launder billions of dollars to operate their businesses. The lawsuit brings fresh …

Vullo Nomination Signals Shift at N.Y. Dept. of Financial Services

New York Governor Andrew Cuomo signaled a shift in New York’s oversight of Wall Street, tapping a longtime corporate lawyer to run the state banking regulator previously overseen by an aggressive career law enforcer. Cuomo on Jan. 21 nominated Maria …

Albanese to Exit as New York’s Financial Regulator Before End of Year

The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against …

Corruption Trial of Ex-N.Y. Senate Leader Skelos and Son Set for November

Former New York Senate Majority Leader Dean Skelos pleaded not guilty to new charges that he demanded payments to his son Adam from the head of an insurance administrator seeking to push favorable legislation through Albany. Prosecutors claim Adam Skelos, …

Lawsky’s Bank-Busting Reputation Looms Over Pact With Iran

Benjamin Lawsky’s bank-busting reputation may have earned him his own tribute in this week’s landmark Iran nuclear agreement. Lawsky was the first superintendent of New York’s beefed-up banking and insurance overseer, which gave him enforcement power over international banks chartered …

Lawsky to Step Down as New York’s Top Financial Regulator Next Month

Benjamin Lawsky will step down next month as New York’s top bank regulator after four years, during which he threatened to take away the U.S. charters of some of the world’s biggest banks and collected billions of dollars in penalties …