Financial services attorney Thomas Vartanian and two of his long-time colleagues at Fried Frank LLP, Washington, have joined the law firm of Dechert LLC. Vartanian, who has been handing out regulatory advice for four decades, will chair Dechert's Financial Institutions Transaction Group. Attorneys David Ansell and Robert Ansell also made the jump to Dechert, an international law firm with offices in the U.S., Europe and Asia. "Tom, David and Bob enjoy high-industry profiles, and together they form one of the premier bank regulatory practices in the United States," said Dechert chairman Barton Winokur.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Economic uncertainty and higher rates in May contributed to the second decline in applications for new homes on an annual basis, reversing March gains
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