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3 May 2021, 9:05 pm by Kristin N. Johnson
Consider the $300 million in fees Chinese e-commerce behemoth Alibaba paid its underwriters—Citigroup, Inc., Credit Suisse Group AG, Deutsche Bank, Goldman Sachs Group, Inc. and JPMorgan Chase Co. [read post]
3 May 2021, 2:12 pm by William Ford, Tia Sewell
.: The House Oversight and Reform Committee will hold a hearing on improving government accountability and transparency. [read post]
2 May 2021, 1:14 pm
    (…) Several features of Google’s copying suggest that the better way to look at the numbers is to take into account the several million lines that Google did not copy. [read post]
29 Apr 2021, 8:26 am by Kristian Soltes
Tech Giants Risk Squeezing Out Banks, French Watchdog WarnsBloomberg – April 29, 2021 Payment services run by Apple Inc., Google and Amazon.com Inc. may need monitoring as the tech giants’ largely unregulated financial products squeeze out those of banks, France’s competition authority warned. [read post]
26 Apr 2021, 9:05 pm by Marlon Paz
When a party sells a stock, the clearing system debits the shares electronically from the account of the seller’s broker at NSCC and credits them to the NSCC account of the buyer’s broker. [read post]
26 Apr 2021, 9:32 am by William Ford, Tia Sewell
The committee will hear testimony from Molly Reynolds, senior fellow in Governance Studies at the Brookings Institution; Liz Hempowicz, director of public policy at the Project on Government Oversight; and Edda Emmanuelli Perez, deputy general counsel of the Government Accountability Office. [read post]
26 Apr 2021, 7:55 am by Race to the Bottom
Together, Vanguard and BlackRock account for half of the $32 trillion of total assets supporting the initiative. [read post]
23 Apr 2021, 4:00 am by Jim Sedor
Just 12 Megadonors Accounted for 7.5% of Political Giving Over Past Decade, Says Report MSN – Soo Rin Kim (ABC News) | Published: 4/20/2021 A dozen megadonors and their spouses contributed a combined $3.4 billion to federal candidates and political groups since 2009, according to a report produced by Issue One. [read post]
19 Apr 2021, 10:20 am by William Ford, Victoria Gallegos
.: The House Energy and Commerce Subcommittee on Communications and Technology will hold a hearing on securing American network technology. [read post]
16 Apr 2021, 8:43 am by Kristian Soltes
Visa’s Incentives to Banks Examined In Justice Department ProbeBloomberg Law – April 8, 2021 (subscription required) The U.S. antitrust investigation of Visa Inc. is scrutinizing deals the company has with banks to entice them to process more online debit-card transactions over its network — spending that surged amid coronavirus lockdowns. [read post]
13 Apr 2021, 6:26 am by Staff Attorney
Jonathan Ebel, a financial advisor currently employed at Network 1 Financial Securities, Inc. [read post]
12 Apr 2021, 11:33 am by Alan Rosca
LPL then bought Invest Financial and three other broker-dealers that were part of the National Planning Holdings network, FINRA states. [read post]
12 Apr 2021, 11:33 am by Alan Rosca
LPL then bought Invest Financial and three other broker-dealers that were part of the National Planning Holdings network, FINRA states. [read post]
7 Apr 2021, 9:12 am by Rob Robinson
” Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), Marsh McLennan (Insurance), Sprock Capital Advisory (Accounting), Corsis (IT) and Cherry Bekaert (Tax). [read post]