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13 Apr 2007, 4:09 am
First "Say on Pay" Shareholder Proposals Considered at Annual Meetings As this Washington Post article notes, the first "say on pay" shareholder proposals were voted on this week: 47.3% of shareholders supported the proposal at the Bank of New York... [read post]
29 Jun 2010, 10:00 am by By DEALBOOK
Taylor, the former New York state banking superintendent and the companion of Mayor Michael R. [read post]
7 Jul 2011, 2:09 pm by Securites Lawprof
Both the New York AG and the SEC announced settlements with JPMorgan Chase resulting from investigations that uncovered fraudulent and anticompetitive conduct in the bank’s municipal bond derivative transactions with governments and nonprofits across the country from 1997 to 2005.... [read post]
15 Jun 2008, 3:07 pm
In today's business section of the New York Times, Gretchen Morgenson writes, under her op-ed title "Fair Game", of the buyout by a private equity firm, TPG, of the otherwise failing savings and loan bank Washington Mutual. [read post]
26 Sep 2011, 4:39 am by By DEALBOOK
Ermotti, head of Europe, the Middle East and Africa, as interim chief executive, The New York Times reported. [read post]
12 Jan 2009, 5:27 pm
The Kansas City Star reported today that three researchers at the Federal Reserve Bank of New York, in a study, assert that the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, known as BAPCPA, is the leading cause of the mortgage meltdown. [read post]
19 Jan 2010, 7:29 am by buslawblogger
Last Thursday, it was reported that Barclays Bank had purchased LaBranche & Company's New York Stock Exchange specialist business. [read post]
13 Sep 2016, 7:13 am by Associated Press
NEW YORK — Wells Fargo will cut product sales goals for retail bankers, nearly a week after the bank was fined $185 million for allegedly illegally opening unauthorized accounts for its customers. [read post]
27 Jul 2012, 12:03 pm by By ERIC OWLES
A Japanese bank's bold run ended, the creator of Citigroup called for an end to megabanks, the New York Fed faced more questions and China made a $15 billion oil bid. [read post]
26 Mar 2007, 4:24 am
"A Disputed Fee": The New York Times today contains an editorial that begins, "A dispute has been raging between elderly Holocaust victims and Burt Neuborne, a lawyer who helped win a $1.25 billion settlement from Swiss banks, over the size of the fees Mr. [read post]
3 Jun 2009, 4:55 pm
Cuomo of New York said Wednesday that six major banks had satisfied the terms of settlements over their sale of auction-rate debt that became illiquid despite being marketed as being as safe as cash. [read post]
22 Oct 2009, 10:03 pm
Russia settles $22.5 billion Bank of New York Mellon lawsuit, much written about in this space, for only $14 million, which works out to seven hundredths of a cent on the dollar, right? [read post]
22 Jan 2010, 4:21 am by By DEALBOOK
Thursday, as it prepared to release earnings, The New York Post reported. [read post]
10 Apr 2012, 6:34 am
Gerard Canino, 51, Merrick, New York, the president and owner of Long Island-based mortgage brokerage firm First Class Equities, pled guilty to conspiring to commit wire fraud and bank fraud in connection with a $66 million mortgage fraud scheme. [read post]
3 May 2013, 11:15 am by Paul Caron
New York Times: Apple’s Move Keeps Profit Out of Reach of Taxes, by Floyd Norris: Why would a company with billions of dollars in the bank — and no plans for a large investment — decide to borrow billions more ... [read post]
4 Aug 2015, 9:51 am by Paul Caron
Federal Reserve Bank of New York, Credit Supply and the Rise in College Tuition: Evidence from the Expansion in Federal Student Aid Program: When students fund their education through loans, changes in student borrowing and tuition are interlinked. [read post]
7 Mar 2010, 12:17 pm by By DEALBOOK
While much of the Congressional debate over consumer financial protection has focused on banks, lawmakers have been grappling behind the scenes over whether and how to regulate payday lenders, debt collectors, check-cashing outlets, title and installment lenders and even pawnbrokers, The New York Times reports. [read post]
25 May 2011, 7:37 am by White Collar Crime Prof Blogger
The DOJ Press Release is titled, Jenkens & Gilchrist Attorneys, Former BDO Seidman CEO and Deutsche Bank Broker Found Guilty in New York of Multi-Billion Dollar Criminal Tax Fraud Scheme - Massive, 10 Year Criminal Scheme Generated More Than $7... [read post]