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14 Mar 2023, 5:42 am by Carolyn Elefant
Lawyers Should Understand the… The post Protecting Client Trust Accounts When Banks Collapse appeared first on My Shingle. [read post]
24 May 2018, 1:38 pm by ccollins
The Associated Press is reporting that the shareholders who sued Wilmington Trust are asking a federal judge to approve a proposed $210M bank fraud settlement reached with the bank. [read post]
5 Dec 2009, 4:45 am
  First Security National Bank of Norcross was also sold to State Bank & Trust. 3. [read post]
29 Jun 2011, 6:57 am by Zach Zagger
[JURIST] Bank of America (BOA) [corporate website] announced Wednesday that it has agreed to pay $8.5 billion [press release] to settle claims that it sold bad securities contributing to the housing market collapse. [read post]
19 Dec 2013, 5:22 pm by Sabrina I. Pacifici
” FAQ Regarding Collateralized Debt Obligations Backed by Trust Preferred Securities under the Final Volcker Rule (PDF) The post Agencies Issue FAQ on Collateralized Debt Obligations Backed by Trust Preferred Securities under Final Rules Implementing “Volcker Rule” appeared first on beSpacific. [read post]
10 Jun 2008, 1:49 pm
Republic First Bancorp, the parent company of Philadelphia’s Republic First bank, said Tuesday that it has sold $10.8 million in convertible trust preferred securities to an [...] [read post]
30 Nov 2009, 5:17 pm
The construction loans–but not the guaranties–were secured by deeds of trust on real property. [read post]
18 Jan 2011, 12:26 am by Kevin LaCroix
Though this is the first bank to fail in Georgia in 2011, the bank is the 52nd bank to fail in Georgia since January 1, 2008, the highest number of any state. [read post]
5 Dec 2009, 4:45 am
First Security National Bank of Norcross was also sold to State Bank & Trust. 3. [read post]
26 Apr 2013, 9:04 pm by John Palley
Either for a re-fi on their mortgage or a new bank account. [read post]
12 Jan 2014, 1:18 pm by James Hamilton
He said that it is inappropriate and inconsistent with the Collins Amendment, codified as Section 165 of the Dodd-Frank Act, which was intended to preserve the community bank trust preferred securities market, if an asset size limit is imposed on the banks investing in collateralized debt obligations backed by trust preferred securities. [read post]
30 Jun 2011, 4:38 am by Securites Lawprof
Bank of America announced it reached agreement to settle nearly all of the claims related to Countrywide-issued first-lien residential mortgage-backed securities, representing 530 trusts with an original principal of $424 billion. [read post]
16 Oct 2023, 12:23 pm by freda
© McMillan LLP 2023 The post Department of Finance Launches Consultation on Security and Integrity, Access to Banking, and Protections for Digital Financial Products appeared first on McMillan LLP. [read post]
15 Jul 2011, 1:44 am by Kevin LaCroix
  Haven Trust was one of the first banks to fail back in late 2008, and the FDIC is just getting around to filling suit now. [read post]
26 Apr 2013, 9:04 pm by John Palley
Either for a re-fi on their mortgage or a new bank account. [read post]
30 Dec 2015, 4:00 am by Steve Brachmann
Enhanced security for banking transactions taking place on cloud infrastructures is featured within U.S. [read post]