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Legal briefs: BMO Harris, JPMorgan settle for millions of dollars

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Banking Essentials Newsletter 2021: December Edition

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Automating Credit Risk Surveillance Using Statistical Models

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Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

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A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade


Legal briefs: BMO Harris, JPMorgan settle for millions of dollars

S&P Global Market Intelligence rounds up a selection of recent legal and regulatory developments in the bank space.

BMO Harris Bank to pay $10M to settle claims against acquired bank

Chicago-based BMO Harris Bank NA is set to pay $10 million to settle claims that Milwaukee-based M&I Marshall & Ilsley Bank, which BMO Harris Bank acquired in 2011, engaged in fraud related to Thomas Petters' multibillion-dollar Ponzi scheme.

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NCUA liquidates New York City-based credit union

The National Credit Union Administration has liquidated Staten Island, N.Y.-based Radio Television & Communication FCU.

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JPMorgan to settle for $5.3M over alleged violations of Cuba, Iran sanctions

JPMorgan Chase & Co. is paying $5.3 million to settle allegations that it committed 87 violations of sanctions against Cuba, Iran and weapons of mass destruction, Reuters reported, citing the U.S. Treasury Department.