Search for: "TREASURY BANK"
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28 Sep 2017, 2:18 pm
Washington DC partner's compensation revealed in financial disclosures ahead of exit to US Treasury Department [read post]
30 Dec 2008, 6:13 am
Stepping into deeper waters to help the auto industry, Treasury Monday night added $6 billion to the $17.4 billion bailout announced Dec. 19, chiefly to help the financial arm of General Motors Corp.Using financial markets rescue funds, Treasury will purchase $5 billion in senior preferred equity from GMAC LLC, and up to $1 billion more will be lent to GM itself so the automaker can participate in a rights offering at GMAC, which has wanted to reorganize itself as a bank… [read post]
24 Apr 2017, 8:38 am
The MoU has been prepared and published in accordance with the provisions of Section 65 of the Financial Services Act 2012, which requires HM Treasury and the Bank of England (BoE), including in its capacity as the PRA, to prepare and maintain a MoU on financial crisis management. [read post]
28 Feb 2012, 1:50 am
“The Treasury has rushed in legislation to close down two ‘aggressive’ tax avoidance schemes that a high-street bank had disclosed to HM Revenue and Customs in an effort to avoid tax. [read post]
14 Nov 2008, 3:44 pm
Treasury to fund the acquisitions of banks. [read post]
10 Dec 2007, 4:47 am
Some of the country's largest banks are scaling back a plan set in motion by the Treasury Department to shore up troubled investment vehicles and calm the debt markets. [read post]
4 Mar 2013, 6:00 am
Daniel Sokol Witness Simbanegvi (National Treasury, Republic of South Africa), Josh Greenberg (Competition Commission South Africa) and Tendai Gwatidzo (Witts University) are Testing for competition in the South African banking sector. [read post]
4 Oct 2011, 9:47 am
Propublica has an excellent report today, based in part on audits obtained via freedom of information requests, detailing the failure of Treasury and Freddie Mac to enforce rules of its primary foreclosure prevention program, HAMP, against the major banks. [read post]
26 Jun 2009, 11:42 am
The Obama administration has established the process for determining the price for millions of stock warrants the government holds that represent the final ties many large banks have to the $700 billion bailout program. [read post]
24 Apr 2009, 6:32 am
Ken Lewis, Bank of America’s CEO, has testified under oath to threats by former Secretary of the Treasury Hank Paulson to remove the Bank’s Board of Directors and its management if the Bank didn't close its deal to acquire Merrill Lynch, and secret promises to support the Bank with federal funds if it did close the transaction. [read post]
19 Aug 2015, 2:30 am
Department of the Treasury, No. 14-5036 (D.C. [read post]
2 Nov 2008, 2:30 pm
David Stertzer, CEO of the Association for Advanced Life Underwriting ("AALU") stated the case in his CEO Update of October 30th, for why the United States Treasury should make capital available to life insurers as it has for banks (to facilitate lending):"After discussions with key industry partners, we believe it is important for Treasury to give serious consideration to make capital available at the wholesale level through life insurers. [read post]
24 Sep 2007, 4:00 am
Britain's Treasury chief, Alistair Darling, told the Labor Party's annual convention on Sunday that Britain would not protect businesses that make bad judgments, despite a billion-dollar rescue of a struggling bank. [read post]
11 Aug 2022, 8:28 am
On 11 August 2022, the House of Commons’ Treasury Committee published a letter from the Bank of England (BoE) regarding the Financial Services and Markets Bill. [read post]
19 Nov 2008, 2:29 pm
The Treasury TARP program for equity investments in banks should be tweaked to fit the needs of S corprorations, according... [read post]
27 Dec 2018, 8:44 am
Hopes of a public bank to serve California cannabis companies appear to have fizzled with an extensive marijuana banking report from the state Treasury Department explaining that as long as marijuana remains a Schedule I narcotic per U.S. [read post]
11 Mar 2010, 12:42 pm
He urged the Commission to adopt rules ensuring that non-EU fund managers and global custodian banks have the same access to their EU counterparts. [read post]
10 Nov 2021, 8:50 pm
On 9 November 2021, the Bank of England (BoE) issued a statement concerning the next steps on the exploration of a UK Central Bank Digital Currency (UK CBDC). [read post]
14 Oct 2008, 8:30 pm
The Treasury has announced the terms of its offer to purchase bank stock. [read post]
21 Oct 2008, 7:31 pm
If you own bank stocks, you may not be told by that bank if the US Treasury decides that the bank was unworthy or "too troubled" to receive government cash. [read post]
