Search for: "BANK BOARD OF DIRECTORS"
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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]
18 Feb 2013, 12:37 am
Fourth, on February 13, 2013, the FDIC, in its capacity as receiver of the failed LaJolla Bank of LaJolla, California filed an action in the Southern District of California against two former officers of the bank and against the bank’s former board Chairman. [read post]
27 Jul 2020, 1:42 pm
The rule change will allow certain bank directors and shareholders to apply to their banks for PPP loans for their small businesses. [read post]
27 May 2013, 10:48 pm
Prior to the S&L crisis, it was quite common for a bank’s outside counsel to sit on the bank’s board. [read post]
8 Mar 2012, 12:04 am
" One of the director defendants, James McMahon, who served on the bank's board from 2003 to December 22, 2008 issues a press release about the FDIC's complaint, in which McMahon notes that the bank had been founded "by an immigrant who left Greece in 1962 to find a better life in America," and had become a "vital force in the financial life of the community. [read post]
3 Apr 2013, 6:29 am
Below, we describe the principal new responsibilities that boards of directors and senior management should expect under the Federal Reserve's new supervisory regime, as well as the increased penalties that may be imposed if those responsibilities are not met. [read post]
28 Oct 2011, 1:59 am
The $28.5 million loan was originated by another bank for which Regas also served as director. [read post]
20 Dec 2022, 10:00 pm
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. [read post]
20 Dec 2022, 10:00 pm
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. [read post]
20 Dec 2022, 10:00 pm
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. [read post]
20 Dec 2022, 10:00 pm
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. [read post]
20 Dec 2022, 10:00 pm
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. [read post]
20 Dec 2022, 10:00 pm
The FDIC Board of Directors issued a proposal on December 13 amending and updating the rules regarding the use of the official FDIC sign and advertising statements to better reflect the modern consumer banking landscape. [read post]
24 Jan 2014, 6:00 am
Specifically, we find that bank boards of intermediate size (big enough to escape capture by management, but small enough to avoid free rider problems within the board), separation of the CEO and chairman of the board roles, and an absence of anti-takeover provisions lead to lower capitalization rates. [read post]
8 Mar 2022, 6:17 am
In Board Diversity Matters: An Empirical Assessment of Community Lending at the Federal Reserve-Regulated Banks, we exploit some idiosyncratic aspects of US banking to render these questions answerable. [read post]
17 Oct 2018, 1:36 pm
On October 16, the National Association of Corporate Directors (New England) presented a program both explaining blockchain technology and addressing the function of boards. [read post]
12 May 2020, 1:33 pm
The board of directors of Harford Bank Tuesday announced its annual meeting will be conducted in a virtual format in response to Gov. [read post]
8 Apr 2021, 8:21 pm
Shah and Barbara Clapp to its board of directors. [read post]
14 Sep 2022, 6:37 am
We argue that the examination of measures used in CEO turnover decisions provides unique insights into governance—because directors themselves must make decisions about a CEO’s continued employment, turnover decisions directly reflect board policies. [read post]
15 May 2007, 1:43 pm
May 14 2007 As World Bank Country Directors we are acutely aware that the Board, management and staff of the Bank face an internal crisis that has damaged our reputation and jeopardises our effectiveness as a development institution. [read post]
