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2 Oct 2009, 8:37 am by velvel
The failure to catch and stop Madoff likewise is defacto intentional when the Royal Bank of Scotland says it is willing to provide documents if Madoff agrees and you simply blow off RBS’ offer. [read post]
30 Sep 2009, 8:27 am by Schwartz & Perry
Equal Employment Opportunity Commission filed a federal lawsuit in the southern District of Ohio against New York based JP-Morgan Chase Bank alleging the bank sexually discriminated against women and fired one after she complained about their practices at an office in Colombus, Ohio. [read post]
29 Sep 2009, 1:30 pm
This is Dick Rogan, bank lawyer and author of www.SpecialAssetsLawyer.com, signing off for now. [read post]
29 Sep 2009, 12:37 pm
On September 27th, the financial press reported that William "Bill" Winters, a chief executive of JP Morgan Chase's investment banking division, had placed much of the blame for the worldwide economic crisis on "greedy bankers. [read post]
28 Sep 2009, 5:41 pm
The ownership of real estate, area banks, and a newspaper also grew out of Walton Enterprises. [read post]
25 Sep 2009, 7:54 am
Defendants include, but are not limited to, Merrill Lynch & Co., Inc., Morgan Stanley, JP Morgan Chase & Co., Bear Stearns & Co., Inc., AIG Financial Products Corp., UBS AG, and Piper Jaffray & Co. [read post]
24 Sep 2009, 8:48 am
Bank of America and JPMorgan Chase recently announced that they would reduce the maximum number of overdraft fees - the outrageous penalties banks charge when you overdraw with your debit card - that a customer can incur in a day. [read post]
23 Sep 2009, 3:46 am
To cut to the chase up front, Judge Cooke will be affirmed. [read post]
21 Sep 2009, 7:48 am by Jeffrey Andersen
” FDIC Chairman Sheila Bair told the Senate Banking Committee in May of 2009 that a financial system “characterized by a handful of giant institutions with global reach and a single regulator is making a huge bet that those few banks and their regulator over a long period of time will always make the right decisions. [read post]
18 Sep 2009, 9:19 am
First foreign-invested wholesale bank, JP Morgan Chase& Co's Chengdu branch operated On September 10th, the first wholesale foreign bank JP Morgan Chase& Co.'s Chengdu branch officially began operation, which means that Chengdu's financial patterns become richer, whereas Chengdu also became JP Morgan Chase& Co.'s fifth chosen cities for conducting business after Beijing, Shanghai, Tianjin and Guangzhou. [read post]
15 Sep 2009, 8:08 am by RiskMetrics Group Blog Team
However, some healthier firms, such as Goldman Sachs and JPMorgan Chase, which have paid back the government, no longer have to hold annual pay votes. [read post]
14 Sep 2009, 4:25 am
Chevy Chase Bank, 545 F.3d 570, 573 (7th Cir.2008). [read post]
11 Sep 2009, 4:00 am
Ross and two of his partners have been granted preliminary approval by U.S. regulators to charter a new bank that would enable them to bid for failed institutions seized by the government, The Wall Street Journal reported. [read post]
9 Sep 2009, 8:04 am
"Mervyn King agreed £16million of bonuses for Bank of England staff over three years - Telegraph.co.uk 27/08/09"Figures obtained by The Daily Telegraph under the Freedom of Information Act show that Mr. [read post]
7 Sep 2009, 10:02 pm
As is well known, Bear Stearns, one of the largest investment banks in the world, was sold to JP Morgan Chase and effectively ceased to exist in March of 2008, after two Bear Stearns hedge funds invested in collateralized debt obligations—mainly subprime home loans—and once worth approximately $1.6 billion, lost nearly all of their value. [read post]
4 Sep 2009, 8:35 am
James Earl Jones as Soul Man's Professor Banks is a close second. [read post]