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28 Oct 2010, 10:17 pm by Scott Koller
  According to the SEC’s investigation, Medical Capital and its officers used the accounts as their personal piggy banks, improperly requesting and obtaining investor funds to pay themselves massive “administrative fees” of nearly $325 million which they used to purchase lavish personal perquisites, Medical Capital and its affiliates also invested in an array of non-medical projects that were placed under the personal supervision of Lampariello,… [read post]
2 Oct 2008, 10:15 am
Think of it as a capital pool company on steroids. [read post]
Because the proposals could materially impact the timing of when a company decides to go public, how it attracts, retains and pays employees, and the manner in which issuers and investment banks conduct offerings, issuers and their advisors should closely monitor developments related to these initiatives. [read post]
4 Oct 2007, 8:15 pm
Not even opposition by two U.S. senators -- one a presidential candidate -- will block Bank of America Corp.'s deal for LaSalle Bank Corp. [read post]
19 Mar 2011, 11:52 am by James Hamilton
The ABA noted that retaining the outdated shareholder threshold makes it difficult for banks to raise capital in their local communities for fear that they will trigger the 500 shareholder threshold.In 2007, then SEC Chairman Chris Cox addressed this issue in a response to Senator Olympia Snowe’s questions at a Small Business Committee Hearing. [read post]
15 Jan 2010, 11:07 am by James Hamilton
In light of Treasury’s determination to provide continued capital support to Fannie Mae and Freddie Mac, the Senator asked Treasury to reaffirm its commitment to releasing those recommendations along with the FY 2011 Budget release.The Housing and Economic Recovery Act of 2008 created an independent and unified regulator of Fannie and Freddie, the Federal Housing Finance Agency (FHFA), with broad powers analogous to federal banking regulators, and with a free hand to set… [read post]
22 Jan 2019, 3:38 pm by Stephen Hancock
  On January 17, the European Banking Authority (“EBA“) published its final report (EBA/GL/2019/01) on guidelines on the specification of types of exposures to be associated with high risk under the Capital Requirements Regulation (575/2013) (“CRR“). [read post]
5 Jan 2021, 7:15 am by Simon Lovegrove (UK)
On 30 December 2020, the PRA issued a statement following the publication in the Official Journal of the EU of European Commission Delegated Regulation 2020/2176 which adopts the European Banking Authority (EBA) regulatory technical standards on the prudential treatment of software assets per Article 36(1)(b) of the amended Capital Requirements Regulation (CRR). [read post]
1 Aug 2019, 8:40 am by Jochen Vester (UK)
The framework under the Capital Requirements Regulation (CRR) for securitisations has introduced a tranche maturity as an additional parameter in the formulae to calculate the capital requirement of securitisation positions. [read post]
18 Nov 2021, 12:18 pm by Tom Smith
However, as Scott makes clear, Omarova’s long record on hostility toward the US banking system and capitalism in general is much more disqualifying for this position. [read post]
12 May 2010, 8:03 am by First Round Capital
  I just came across a report that Silicon Valley Bank wrote last month which had some amazing data on fund-size and performance. [read post]
17 Nov 2017, 4:57 am by Simon Lovegrove and Matthew Gregory
  UK Finance has published a report that proposes an alternative model for a future trade framework for banking and capital markets services between the EU and the UK. [read post]
29 Jun 2018, 6:04 am
A Public Option for Bank Accounts (or Central Banking for All) Posted by Morgan Ricks (Vanderbilt University), John Crawford (University of California), and Lev Menand, on Friday, June 22, 2018 Tags: BanksCapital markets, Central banking, Federal Reserve, Financial institutions, Financial regulation, Public interest Gender Quotas on California Boards Posted by Ron Berenblat, Andrew Freedman, and Steve Wolosky,… [read post]
14 Nov 2017, 9:34 am by Simon Lovegrove and Jack Prettejohn
The European Banking Authority (EBA) has published final guidelines on connected clients under Article 4(1)(39) of the Capital Requirements Regulation (CRR). [read post]
16 May 2018, 7:31 pm by Sabrina I. Pacifici
The bill generally aims to provide regulatory relief to banks, relax mortgage lending rules, relax capital formation regulations, and provide additional consumer protections related to credit reporting and other areas. [read post]
5 Nov 2017, 6:02 am by Wolfgang Demino
”Midland Funding LLC and similar nonbank debt buyers acquire charged-off debt at pennies on the dollar and therefore do not provide a means for the originating bank to “liquify their debts” and make capital available for further lending. [read post]
5 Nov 2017, 6:02 am by Wolfgang Demino
” See FTC, The Structure and Practices of the Debt Buying Industry  (2013).Midland Funding LLC and similar nonbank debt buyers acquire charged-off debt at pennies on the dollar and therefore do not provide a means for the originating bank to “liquify their debts” and make capital available for further lending. [read post]