A public interest litigation (PIL) has sought a court-monitored investigation into what it alleges to be a large-scale banking fraud involving Reliance Communications Ltd (RCOM), its group companies, and former promoter Anil Ambani.The writ petition, filed by former Union secretary Emani Anantha Satyanarayana Sarma (EAS Sarma) in the Supreme Court on Monday, was mentioned before a bench led by Chief Justice B.R. Gavai by senior advocate Prashant Bhushan. The court listed the matter for hearing.The plea, as ...

Legal Proceedings - New York State Attorney General Leticia James was arraigned and pled not guilty to two counts: bank fraud and lying to financial institutions [1][2] - A defense motion was filed to disqualify Lindsay Halligan, acting US attorney of the Eastern District of Virginia [3][4] - The motion to disqualify Halligan is similar to one in James Comey's case [4] Key Individuals - Leticia James, New York State Attorney General, appeared in court [1] - Lindsay Halligan, top prosecutor for the Eastern District of Virginia, was present but took a backseat [2][3]

Just moments ago, New York's Attorney General, Leticia James, pleaded not guilty to federal bank fraud charges brought by President Trump's handpicked prosecutor. Now, James was defiant as she walked out of the courthouse. Take a listen.>> This justice system, which has been used as a tool of revenge >> and a weapon against those individuals who simply did their job and who stood up for the rule of law. Prosecutors are claiming that James lied to a bank to get a better mortgage when she bought a house in Vi ...

Ken, I'll go first to you. Continue to walk us through what can we what we can expect from this arraignment. We expect it to get underway any second now.Right. >> That's right, Ally. And this is one of those courouses where no electronic devices are allowed inside.And so we won't know exactly what's happening until our producer comes out of the courtroom. Uh the judge in this case, Judge Jamar Walker, who was actually a former prosecutor in this office in the Eastern District of Virginia, a Biden appointee, ...

New York Attorney General Letitia James pleaded not guilty to criminal charges that she committed bank fraud and made false statements to a lender when she bought a house in Norfolk, Virginia, five years ago. https://t.co/Xu8XMhiN6A ...

And later this morning, New York Attorney General Leticia James will be arraigned in a Virginia courthouse. James will be reigned in US District Court. She was indicted on two felony charges of bank fraud and making false statements to a financial institution.James denies any wrongdoing. Ahead of that hearing, the attorney general signaled her plan to ask for the indictment to be dismissed altogether. In a two-page filing yesterday, lawyers for James cited what they call the unlawful appointment of interim ...

Trade & Tariffs - President Trump terminated trade negotiations with Canada following a political ad paid for by Ontario's government [1] - The Reagan Presidential Foundation is reviewing legal options regarding the use of President Reagan's voice in the ad, claiming misrepresentation [4][9] - The US has already imposed significant tariffs on Canada, a key trading partner [6] Politics & Policy - President Trump called off plans to send federal troops to San Francisco after speaking with tech leaders [9][12] - The Senate adjourned for the weekend, extending the government shutdown, impacting federal workers and low-income Americans relying on government assistance [18] - New York Attorney General Leticia James' lawyers are challenging the appointment of prosecutor Lindseay Hallan in her case, citing an unlawful appointment [24] Legal & Crime - NBA is facing gambling scandals involving the head coach of the Portland Trailblazers and a player for the Miami Heat, with allegations of leaked information and rigged poker games [34] - Operation Royal Flush details high-tech cheating in poker games, including X-ray tables and marked cards [35][37] - Operation Nothing involves potential corruption in sports betting, particularly with prop bets, raising concerns for professional sports [45][50] Weather - Tropical Storm Melissa is stationary in the central Caribbean region, expected to strengthen into a major hurricane, posing a threat to Jamaica and Haiti with potential for 15 inches of rain [52][55]

Core Insights - Huntington Bank reported a strong performance in the third quarter, indicating resilience in the regional banking sector [1] - Concerns about potential risks in the banking industry are being discussed, particularly in relation to past crises and due diligence practices [2][4] - The CEO of Huntington Bank emphasized the importance of credit metrics and maintaining a moderate to low risk appetite, which has been consistent for 15 years [5][6] Credit Metrics and Risk Management - Huntington Bank's net charge-offs were reported at 22 basis points, which is below the expected normalized run rate, suggesting strong credit quality [6] - The bank does not foresee a contagion effect similar to past liquidity challenges, asserting that current concerns are overblown [7] - The bank maintains consistent underwriting standards, particularly in the auto loan sector, despite rising delinquencies in the market [8][9] Strategic Growth and Acquisitions - Huntington Bank recently completed the acquisition of Veritex, a Texas-based bank, which is expected to enhance its growth trajectory [10] - The acquisition positions Huntington Bank strategically in key markets like Houston and Dallas, providing opportunities for further business development [11] - The management expresses optimism about future performance and the potential for delivering better results post-acquisition [12]

Core Viewpoint - Rich Handler, CEO of Jefferies Financial Group, does not perceive the bankruptcy of an auto parts supplier as indicative of larger systemic issues within the industry [1] Group 1: Company Insights - The bankruptcy of the auto parts supplier is viewed as an isolated incident rather than a reflection of the overall health of the automotive supply chain [1] - Handler emphasizes that the auto industry has been resilient and is adapting to current market conditions [1] Group 2: Industry Context - The auto parts sector is experiencing challenges, but these are not seen as a precursor to widespread financial instability across the automotive industry [1] - Handler's perspective suggests confidence in the industry's ability to navigate through difficulties without significant long-term repercussions [1]

[Music] We're back with more on our top story this hour. New York Attorney General Leticia James indicted on federal bank fraud charges just weeks after President Trump publicly called on the Attorney General to prosecute James and several other foes. In what we are now learning was meant to be sent as a private message.That's according to an administration official who told NBC News the president thought he had sent the message directly to Pam Bondi. Well, now Democratic attorneys general from all across t ...