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26 May 2015, 6:30 am by Paul A. Kraft, Estate Planning Attorney
To overcome these obstacles, you could use a corporate entity like a bank or a trust company. [read post]
22 Nov 2012, 3:27 am by Rick Kabra
The information in this posting is fairly standard stuff for trust laws throughout the country, but you should always check your state’s regulations. [read post]
17 May 2011, 12:25 pm by Nicole Kellner-Swick
(b) Incentive Compensation The proposal states that incentive-based compensation arrangements would be deemed not to encourage inappropriate risk if they meet vague standards established under Section 39(c) of the Federal Deposit Insurance Act and guidance issued by Federal bank regulators in June 2010 setting forth principles for incentive compensation standards. [read post]
28 Jun 2017, 7:49 am by Michael Lowe
Texas Law Under Chapter 32 of the Texas Penal Code, “financial institution” is defined as: “a bank, trust company, insurance company, credit union, building and loan association, savings and loan association, investment trust, investment company, or any other organization held out to the public as a place for deposit of funds or medium of savings or collective investment. [read post]
26 May 2015, 6:30 am by Paul A. Kraft, Estate Planning Attorney
To overcome these obstacles, you could use a corporate entity like a bank or a trust company. [read post]
24 Nov 2006, 4:44 am
The new Banking Committee chair firmly believes that FASB should be the accounting standard setter. [read post]
22 May 2013, 10:24 pm by Kevin LaCroix
  Third, on May 13, 2013, the FDIC filed an action in the Southern District of Indiana in its capacity as receiver of the failed Irwin Bank and Trust Company and Irwin Union Bank against four former officers of the banks. [read post]
Since you may not know anyone who is truly qualified to act as the successor trustee, you could use a corporate trustee such as the trust department of a bank or a trust company. [read post]
29 May 2014, 10:07 am by James Hamilton
Governments must introduce legislative reforms to make all systemically important companies resolvable.The  FSB is developing proposals, for the G20 summit in Brisbane, on total loss absorbing capacity for financial institutions, so that private creditors stand in front of taxpayers when banks fail. [read post]
5 Jul 2015, 9:01 pm by Ronald D. Rotunda
When the government subsidizes some companies, it hurts other companies. [read post]
14 Mar 2023, 6:01 pm by Trent Dykes
Unlike most banks, SVB’s deposit base was heavily weighted toward fund and technology companies and less reliant on retail or consumer deposits. [read post]
27 Feb 2017, 5:00 am by Bryston Gallegos
” Prohibited transactions between a plan and a common trust fund managed by a trust company which is supervised by a State or Federal agency are exempt under 29 U.S.C. [read post]
29 Jun 2023, 12:24 pm by An Pham
  Open banking has been defined as a system designed to let consumers securely share their financial data from their bank with other banks and accredited FinTech companies. [read post]
3 Dec 2013, 1:29 am by Kevin LaCroix
Section 7-1-490, the Georgia legislature had explicitly stated that “directors and officers of a bank or trust company shall discharge the duties of their respective positions in good faith and with that diligence, care and skill which ordinary prudent men would exercise under similar circumstances in like positions. [read post]