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Residents in Lebanon Flee as Israel Strikes Hezbollah-Affiliated Financial Institution

The New York Times: Banking

Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south and east.

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Second Circuit Adopts "Transfer-by-Transfer" Approach to Bankruptcy Code's Safe Harbor for Securities Contracts Payments

JD Supra: Mergers

883 (2018), that a debtor may itself qualify as a "financial institution" covered by the safe harbor by retaining a bank or trust company as an agent to handle payments, By: Jones Day Supreme Court suggested (but did not hold) in Merit Mgmt. FTI Consulting, Inc.,

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Regulators Seize Republic First, a Troubled Philadelphia Bank

The New York Times: Banking

The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.

Banking 145
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‘Zombie Offices’ Spell Trouble for Some Banks

The New York Times: Banking

Bank tremors serve as a reminder: Just because a crisis hasn’t hit immediately doesn’t mean commercial real estate pain isn’t coming.

Banking 140
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Fearing Losses, Banks Are Quietly Dumping Real Estate Loans

The New York Times: Banking

Some banks are trying to avoid that fate. If landlords can’t pay back loans on office buildings, the lenders will suffer.

Banking 145
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Bank Runs Spooked Regulators. Now a Clampdown Is Coming.

The New York Times: Banking

Federal Reserve officials and other bank regulators could roll out a new proposal this spring to ward off a repeat of 2023’s banking turmoil.

Banking 134
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Bank of Japan Raises Interest Rates for Second Time Since 2007

The New York Times: Banking

The closely watched move by the Bank of Japan could bolster the country’s beleaguered currency.

Banking 145