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1 Dec 2023, 9:17 am by Unknown
In the afternoon session on diversity in investment, the Committee heard from Anna Snider (Bank of America) on how diversity metrics are incorporated into the investment process.Gensler. [read post]
1 Dec 2023, 6:00 am by Michelle
” To that end, Chopra said the CFPB has done “pretty in-depth analysis” of banks’ use of customer service chatbots and wants to make sure banks take responsibility for any erroneous information provided by their chatbots to consumers. [read post]
1 Dec 2023, 3:00 am by Jim Sedor
National/Federal Antagonisms Flare as Red States Try to Dictate How Blue Cities Are Run MSN – Molly Hennessy-Fiske (Washington Post) | Published: 11/27/2023 Despite long advocating small government and local control, Republican governors and legislators across a significant swath of the country are increasingly overriding the actions of Democratic cities – removing elected district attorneys or threatening to strip them of power, taking over election offices, and otherwise… [read post]
1 Dec 2023, 1:16 am by The White Law Group
The SEC alleges that the CEO used one of the entities as his “own personal bank account,” to fund a lavish lifestyle of private jets, yachts, and expensive residences. [read post]
30 Nov 2023, 9:05 pm by Josephine A. Phillips
To satisfy their capital requirements, banks must hold a certain amount of assets aside to mitigate the risk stemming from their activities. [read post]
29 Nov 2023, 9:38 am by Simon Lovegrove (UK)
On 29 November 2023, the European Banking Authority (EBA) published a consultation paper on draft regulatory technical standards (RTS) on the conditions for assessing the materiality of extensions and changes to the use of alternative internal models and changes to the subset of the modellable risk factors referred to in Article 325bc under Article 325az(8)(a) of the Capital Requirements Regulation (CRR). [read post]
29 Nov 2023, 8:25 am by Daniel Shaviro
But after the act, the gap narrowed, with banks increasing relative interest rates paid to depositors by 0.8 basis points.Second, 74% of the banks' gain from the tax cut went to capital holders - 52% to shareholders, and 22% to depositors. [read post]
28 Nov 2023, 2:25 pm by Margot Tierney
These exemptions include: (1) governmental authorities, (2) banks, (3) credit unions, (4) money services businesses, (5) broker-dealers, (6) securities reporting issuers, (7) entities registered under the Securities Exchange Act; (8) investment companies and advisers; (9) venture capital fund advisers; (10) insurance companies; (11) entities registered under the Commodity Exchange Act; (12) tax-exempt entities; and (13) large operating companies and certain subsidiaries.1 If an… [read post]
28 Nov 2023, 10:00 am by Sherica Celine
Financial Institution Regulations State Law Comparison Tool Access this tool for federal/state-specific guidance and the ability to compare state laws for banking and non-banking financial institutions in the areas of licensing, capital requirements, AML/CFT guidelines, recordkeeping, supervision, and enforcement authority. [read post]
In December 2019, investment research company Muddy Waters Capital LLC published a number of allegations querying the accuracy of NMC’s financial reporting. [read post]
28 Nov 2023, 4:58 am by Beatrice Yahia
The Israel-Hamas war has cost Israel $53 billion so far, according to its central bank in the latest forecast. [read post]
28 Nov 2023, 3:00 am by John Jenkins
Family offices have become increasingly important players in the space traditionally occupied by private equity and venture capital funds. [read post]
27 Nov 2023, 12:29 pm by JURIST Staff
The governor made an appeal to the African Union (AU) to break off all diplomatic ties with Israel to show solidarity with our comrades in Gaza and the West Bank. [read post]
“We are in favor of expanding the partnership relations of the organization with the Trade and Development Bank on this noble path,” said Shavkat Mirziyoyev. [read post]
27 Nov 2023, 7:50 am by Simon Lovegrove (UK)
The speech is entitled: The role of asset management – channelling capital into financial markets preserving financial stability and sustainability aims. [read post]
27 Nov 2023, 7:00 am by Simon Lovegrove (UK)
On 27 November 2023, the Financial Stability Board (FSB) published the 2023 list of global systemically important banks (G-SIBs). [read post]
27 Nov 2023, 4:54 am by Beatrice Yahia
” He added that a Palestinian state in the West Bank, Gaza, and East Jerusalem, was the “best guarantee” for “Israel’s security and peace. [read post]
26 Nov 2023, 9:05 pm by renholding
On the one hand, divestment campaigns try to influence key stakeholders that have an influence on this field, including policymakers, banks, and pension funds. [read post]
23 Nov 2023, 8:12 am
 Pix Credit here One of the great fundamental contradictions of globalization has been its insistence on two conditions: the first is the elimination of borders to effectuate principles of free movement of goods, investment, capital (and to some extent people). [read post]