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30 Oct 2022, 11:31 am
” However, the article also quotes an academic, who is a former SEC official, as saying that “it is questionable whether huge corporate penalties ever deter individual bankers and traders from breaking the law in the future. [read post]
26 Oct 2022, 12:56 pm
” Further Reading: RBS ex-banker takes whistleblower award fight to U.S. [read post]
25 Oct 2022, 10:46 am
Yet, the definition of security expressly excludes “currency or any note, draft, bill of exchange, or banker’s acceptance which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited. [read post]
19 Oct 2022, 8:50 am
“It’s pretty much business as usual,” said Kelly Baldwin, an agent for Coldwell Banker in Longboat Key, Fla. [read post]
19 Oct 2022, 6:53 am
Here’s the Wednesday morning read: US Supreme Court’s Decision Not To Hear American Samoa Citizenship Case Gets Mixed Reaction (Anita Hofschneider, Honolulu Civil Beat) RBS ex-banker takes whistleblower award fight to U.S. [read post]
14 Oct 2022, 7:23 am
Her writing has appeared in The New Republic, Slate, American Banker, and The Nation. [read post]
13 Oct 2022, 10:35 am
Federal Reserve officials signalled they are more concerned about doing too little to rein in soaring US inflation than doing too much and doubled down on plans to tighten monetary policy so it constrains the economy, according to an account of their latest meeting.Minutes from the September meeting — at which the Fed implemented its third consecutive 0.75 percentage point rate rise — underscored the high bar for the central bank to back off in its historically aggressive campaign to… [read post]
12 Oct 2022, 9:18 am
The central bankers are in charge—and perhaps that should change.Even if duly elected leaders try to make good on campaign promises, they face hurdles if monetary authorities, domestic and global, disagree. [read post]
11 Oct 2022, 7:00 am
This year, the central bankers in Sweden -- another country, by the way, that is in the scary early-to-middle stages of a fascist turn -- awarded their overhyped prize to three white men, two of whom toil in obscurity (Douglas W. [read post]
9 Oct 2022, 8:26 am
Said Michael Tennenbaum, "a former Wall Street investment banker who was the first chairman of the rail authority 20 years ago," quoted in "How California’s Bullet Train Went Off the Rails America’s first experiment with high-speed rail has become a multi-billion-dollar nightmare. [read post]
8 Oct 2022, 7:35 am
"... let alone one who could be used as a standard in legal cases. [read post]
5 Oct 2022, 1:46 pm
American Bankers Association President and CEO Rob Nichols said, “We are deeply disappointed in the Federal Reserve’s decision to issue a final rule on changes to Reg II without resolving multiple flaws in the proposal identified by the more than 1,700 community financial institutions who offered their comments. [read post]
5 Oct 2022, 8:34 am
With the help of banker Murray Holland, who became GWG’s CEO after voting to replace the board, GWG then stopped buying policies while continuing to sell the L Bonds. [read post]
3 Oct 2022, 1:38 pm
Bankers are better gate-keepers as a practical matter, vested in the due diligence of their customers and compliance with Know Your Customer laws. [read post]
30 Sep 2022, 9:00 am
” Here’s more information about the case: The Parties Plaintiffs are the Chamber of Commerce, American Bankers Association, Consumer Bankers Association, and four business groups based in Texas (where the complaint was filed). [read post]
29 Sep 2022, 10:41 am
The other plaintiffs are American Bankers Association, Consumer Bankers Association, Independent Bankers Association of Texas, Longview Chamber of Commerce, Texas Association of Business, and Texas Bankers Association. [read post]
29 Sep 2022, 6:21 am
As with the NIC changes, this is intended to enable workers to retain more of their earnings.It is also hoped that the abolition of the top income tax band will attract more high earning talent to the UK.Banker bonuses: A cap on banker’s bonuses was introduced by the EU following the 2008 financial crisis as it was believed that unlimited bonuses encouraged high-risk taking behaviour, and that a cap would limit the behaviour, which resulted in the crash. [read post]
28 Sep 2022, 12:37 pm
These personnel included senior and junior investment bankers and debt and equity traders. [read post]
27 Sep 2022, 12:14 pm
The Center for Responsible Lending (CRL) and the Consumer Bankers Association (CBA) have filed a joint petition with the CFPB that urges the Bureau to engage in rulemaking to define larger participants in the market for personal loans. [read post]
26 Sep 2022, 10:16 am
While restaurant environments are generally more casual than office workplaces, the same kind of behavior that constitutes sexual harassment of a secretary or banker is considered sexual harassment of a waitress or bartender. [read post]
