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8 May 2023, 9:01 pm
That is, a person could put $100 into a deposit account with a bank, and if the bank pays three percent interest, the person would be able to withdraw three dollars per year forever. [read post]
4 May 2023, 9:31 pm
Tarullo argued that although deregulation could potentially ease constraints on banks, regulators should not overhaul the banking reforms enacted following the 2008 financial crisis. [read post]
4 May 2023, 9:05 pm
It is a common refrain, mostly on the political right, that considering environmental, social, and governance (“ESG”) factors when investing is probably illegal.[1] The basis for this argument derives from the fiduciary duty of loyalty and its corollary, the “sole interest” or “exclusive benefit” rule, enshrined in both federal and state law, which prohibits fiduciaries from investing for any purpose other than the financial well-being of the beneficiary. [read post]
2 May 2023, 7:19 pm
More than half of the world’s poorest countries are in full-blown debt distress, or nearing it, with global inflation, higher interest rates, and a potential banking crisis making the situation even worse. [read post]
2 May 2023, 11:39 am
Here are the average prices of some common expenses in Barranquilla, according to Numbeo8: Monthly rent: Col$923,293 (~$199 USD) for a one-bedroom apartment in the center Utility bills: Col$387,807 (~$84 USD) per month Meal for 2: Col$80,000 (~$17 USD) at a mid-range restaurant Bucaramanga Bucaramanga is a city located in North-Central Colombia known for its parks and green spaces, universities, and adventure sports like paragliding, bungee jumping, and river rafting. [read post]
2 May 2023, 5:31 am
The latest restrictions prohibit Afghan women from working for the United Nations (UN), in a severe violation of international law. [read post]
1 May 2023, 9:01 pm
The trilemma would exist even if Section 4 had never been added to the Constitution, and that provision (as important as it is) is simply not part of our analysis in concluding that the President’s constitutional duty is to pay the nation’s bills in full and on time, even if House Republicans force him to do so by exceeding the debt ceiling.Did We Improperly Reject the Platinum Coin Alternative? [read post]
1 May 2023, 9:00 pm
Legislative historyIn our April 17 column and in footnote 107 of the current version of our forthcoming Boston University Law Review article on a related subject (which we linked in the April 17 column), we cited the legislative history of the statutory provision authorizing the minting of platinum coins to support our conclusion that it authorizes commemorative coins to be sold to the public, not coins of arbitrarily high value to be deposited with the Federal Reserve. [read post]
1 May 2023, 5:16 am
And in the United States, such measures by the executive alone might violate the due process rights of foreign sovereign nations. [read post]
27 Apr 2023, 2:33 am
The attacker, who has been arrested, was a bank security guard. [read post]
24 Apr 2023, 6:16 pm
What are the perks and the problems for FinTech-bank partnerships, and does the current regulatory framework address them? [read post]
24 Apr 2023, 4:00 am
Jonathan Turley is the Shapiro Professor of Public Interest Law at George Washington University. [read post]
23 Apr 2023, 6:50 pm
Nationhood Lab at the Pell Center, Salve Regina University: America’s regions are poles apart when it comes to gun deaths and the cultural and ideological forces that drive them. [read post]
22 Apr 2023, 7:16 pm
For instance, if federally-regulated local banks faced new national rules on an issue like climate change disclosures, banks would need special permissions from local officials to keep public business in Utah he said. [read post]
22 Apr 2023, 6:23 am
National Australia Bank: Implications for Global Securities Class Actions,” 12 YB. [read post]
20 Apr 2023, 9:02 pm
Dooling, a professor at the George Washington University Regulatory Studies Center, and Rachel Augustine Potter, an associate professor at the University of Virginia, examined the often-overlooked role of private sector contractors in the agency rulemaking process. [read post]
‘Restricting competencies Milan as third seat central division Unified Patent Court is unacceptable’
17 Apr 2023, 9:13 am
(…) Milan is the manufacturing capital of Italy, an international pole of fashion and design, and home to ten universities. [read post]
17 Apr 2023, 5:50 am
A glitch in the Labour party’s phone-banking system may have resulted in the harvesting and of millions of voter’s sensitive information, The Guardian reports. [read post]
16 Apr 2023, 9:05 pm
The nail in CS’ coffin came on March 15, 2023, when the chairman of its main shareholder, the Saudi National Bank, uttered the now infamous “absolutely not” when asked about an additional liquidity injection into the bank. [read post]
16 Apr 2023, 1:47 pm
Is it any wonder, then, that nations such as France, India, Saudi Arabia, Japan, Mexico, Brazil and others are suddenly hedging their bets by looking beyond the United States of America for partnerships and stability? [read post]
