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23 Mar 2011, 5:51 pm by Adam Levitin
 I haven't figured out the extent of this exposure, as not all PMI is reinsured, and not all reinsurance is first-loss position, but there is definitely some bank group skin on the line with PMI. [read post]
27 May 2010, 8:37 am by Joseph C. McDaniel
Morgan Chase, or Capital One, or M&I Bank on a second mortgage after a short sale, the fundamental debtor protections found in a Chapter 7 or a Chapter 13 are very useful indeed.Now, I don't want anybody to think about filing a bankruptcy, which is a pain in the neck and a serious decision, for a lawsuit on a credit card for $300. [read post]
For banks, the Basel Principles outline climate-related risk management approaches to corporate governance and strategic planning; the internal control framework across the three lines of defense; internal capital adequacy and internal liquidity adequacy assessment processes; risk appetite framework and risk mitigation measures; risk data aggregation, collection and reporting; the impact of climate-related risk drivers on banks’ management of credit, market,… [read post]
21 Oct 2019, 7:00 am by Race to the Bottom
 In 2018, Venezuela was the first country to introduce a state-backed cyptocurrency, El Petro. [read post]
20 Jul 2017, 5:58 am by Alexander J. Davie
CPA or attorney) who reviews the investor’s tax return, bank account, or other similar information and confirms the investor meets the net worth or income requirements. [read post]
9 May 2011, 10:56 am by Anna Gelpern
  This decision is consequential for two reasons:  first, because it makes explicit the fiscal essence of central bank purchases of government debt, and second, because it implicitly establishes central banks' priority among other creditors to the distressed sovereign. [read post]
7 Nov 2011, 4:55 am by Milen Hristov
Currently the requirements involve possession of own capital minimum of €9000 for first vehicle and €5000 for each following vehicle. [read post]
22 Apr 2013, 5:38 am by Dan Harris
 Contrary to what many believe, the minimum capital required to go into a Chinese bank to secure a China WFOE is not frozen; you can use that money to fund your operations almost right away. [read post]
27 Jul 2022, 6:57 am by Simon Lovegrove (UK)
(iv) UKIB will manage its capital position through its economic capital framework with an appropriate buffer, as well as through the institution’s wider liquidity and operational risk management. [read post]
28 Jun 2011, 6:45 am by Tom Bolt
  First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico (“FirstBank” or “the Bank”), announced earlier today that it has entered into an agreement with two funds managed by Oaktree Capital Management, L.P. [read post]
11 Aug 2016, 4:22 am by Eliza Dinale
The post What Basel III Means for Escrow Management appeared first on Deal Law Wire. [read post]
4 Jun 2018, 7:46 am by Matthew Dresden
And not only do you not need to keep the registered capital amount in a bank account, you are expected to spend it. [read post]
4 Feb 2014, 8:07 am by Adam Levitin
It might make sense to build in a sort of first right of refusal for private capital. [read post]
17 Oct 2008, 4:22 pm
Fifteen countries, led by the British, are directly injecting capital into their respective banking systems in exchange for partial ownership of the banks. [read post]
21 Nov 2016, 5:01 am by James Edward Maule
For example, although generally corporate taxpayers are permitted to deduct capital losses only to the extent of capital gains, banks are permitted to offset ordinary income with capital losses. [read post]
7 Feb 2024, 9:01 pm by renholding
These include the following, among other indicators: (i) the acquirer is “well-capitalized” and the resulting institution will be “well-capitalized”; (ii) the acquirer has a Community Reinvestment Act (the “CRA”) rating of Outstanding or Satisfactory; (iii) the resulting institution will have total assets of less than $50 billion; (iv) the acquirer has composite, management and consumer compliance ratings of 1 or 2; and (v) the… [read post]