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18 Apr 2022, 7:13 am by Andrew Boyle
The post Why Proposals for U.S. to Liquidate and Use Russian Central Bank Assets Are Legally Unavailable appeared first on Just Security. [read post]
22 Oct 2011, 12:34 pm
Against the Financial Firm, Institutional Investor Securities Blog, August 29, 2011 Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investor Securities Blog, July 22, 2011 Bank of America and Countrywide Financial Sued by Allstate over $700M in Bad Mortgaged-Backed Securities, Stockbroker Fraud… [read post]
22 May 2018, 5:25 pm by Emmanuel Didier
(Subjects: Banking and Financial Law, Commercial Law, Private International Law) [read post]
6 May 2020, 10:56 am by Gabrielle Wast
The program is called the Public Sector Purchase Programme (PSPP), part of the Expanded Asset Purchase Programme (EAPP), which allows the “Eurosystem central banks … [to] purchase government bonds or other marketable debt securities issued by central governments of euro area Member States, by ‘[recognized] agencies’ and international [organizations] or by multilateral development banks. [read post]
27 Oct 2008, 7:56 pm
The Direct Express Debit MasterCard is being rolled out in 10 states by the Treasury Department and Dallas-based Comerica Bank. [read post]
4 Jan 2011, 10:46 am by Securites Lawprof
The Consumer Financial Protection Bureau (CFPB) implementation team currently housed within the US Department of the Treasury and the Conference of State Bank Supervisors (CSBS) today signed a memorandum of understanding (MOU) to establish a foundation of state and federal... [read post]
29 May 2009, 9:29 am
Bank of America has already been sued by investors in securities backed by the modified mortgages, who allege they're paying for the settlement with a reduced value of their investments. [read post]
24 Nov 2010, 5:18 am
United States Prosecutors unleashed an Indictment last week against 30 defendants from Tennessee and Georgia for an alleged conspiracy to commit bank fraud, in violation of 18 U.S.C. [read post]
28 Jan 2011, 12:28 am by Kevin LaCroix
  The Popular case is also the first subprime-related securities settlement involving a commercial bank. [read post]
15 Aug 2011, 1:33 am by Kevin LaCroix
In the wake of the current round of bank failures, the FDIC has filed a number of lawsuits against former directors and officers of failed banks, and has indicated that it intends to file more. [read post]
4 Apr 2017, 7:00 am by Denise Gan
Fortunately, the federal government states that it will propose legislation to establish the Infrastructure Bank soon and has set a public goal to have the Infrastructure Bank operational by late 2017. [read post]
27 Jul 2009, 3:51 am
With the closure of a group of six interrelated Georgia banks this past Friday night, the state has now reclaimed the dubious distinction of as having the most failed banks of any state this year. [read post]
  Additionally, service providers to banking organizations would be required to notify at least two individuals at affected banking organization customers immediately after the bank service provider experiences a computer-security incident that it believes in good faith could disrupt, degrade, or impair services provided for four or more hours. [read post]
14 Jan 2011, 5:15 am
Bank of America representatives stated that "this unfortunately appears to be a situation where a sophisticated investor is looking for someone to blame for a downturn in the economy and losses on an investment it made. [read post]
A Russian investigative journalist Monday wrote on social media that Russia’s securities agencies froze his bank accounts and that he was placed on Russia’s wanted list. [read post]
3 Aug 2018, 3:03 am by Walter Olson
State-run retirement plans are the wrong way to protect the poor” [Andrew G. [read post]
16 Jul 2010, 5:24 am
The borrower alleged this right was exercised by rescission letters sent on April 6, 2009 to the bank's counsel and president voiding any security interest of the bank. [read post]
9 Oct 2008, 4:51 pm
President Franklin Roosevelt used this authority in 1933 to order the sale of all privately held gold in the United States to the federal government. [read post]