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24 Feb 2010, 7:31 pm by Kevin Funnell
Good customers often are unable to refinance their loans with local banks due to collateral deficiencies related to depressed real estate prices or when the loan balance exceeds the lending limit of a bank whose capital has shrunk due to operating losses. [read post]
7 Jan 2016, 1:41 pm by D. Daxton White
According to that view, if the basket option contract is held for more than one year, then the entire gain is treated as long-term capital gain at the lower capital gains tax rate. [read post]
25 Sep 2024, 2:24 pm by Michael Lowe
The Precedence Report lists the top credit card payments market companies to include: American Express; Bank of America; Barclays; Capital One; Chase; Citibank; Discover; HSBC; ICICI Bank; JPMorgan; Mastercard; MUFG; Santander; SBI Cards;  State Farm; U.S. [read post]
27 Mar 2015, 1:07 pm by Rebecca Tushnet
 After Grubbs presented evidence of Strunk-Zwick’s scheme, including falsified bank documents, Strunk-Zwick was charged and ultimately convicted of wire fraud. [read post]
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]
15 Mar 2013, 9:00 am by P. Andrew Torrez
 After a week spent locked inside our offices -- or, for some of us, inside courtrooms -- your (usually) infallible Suits by Suits lawyers have finally voted on this week's Inbox: Wednesday, three top multinational banks -- Citigroup, Capital One, and Wells Fargo -- all agreed to broaden their clawback policies after requests by the New York City Comptroller's Office. [read post]
2 Apr 2020, 4:25 pm by John Jascob
The first of these will be held Friday, April 3, on the topic of online investment capital raising. [read post]
27 Apr 2017, 8:22 am by John Jascob
The Financial CHOICE Act of 2017 (Discussion Draft), sponsored by FSC Chairman Jeb Hensarling (R-Tex), takes aim at bank capital plus the SEC’s structure, rulemaking process, and specific regulations, including familiar targets from CHOICE Act version 1.0 (Volcker rule repeal) and a few new ones such as raising thresholds for shareholder proposals and requiring the SEC to issue a fiduciary standard before the Department of Labor can implement a similar rule. [read post]
16 Jun 2020, 3:15 am by John Jenkins
Do you remember that “South Park” episode that aired during the financial crisis in which one of the characters deposits a $100 birthday check from his grandmother into the bank? [read post]
14 Dec 2007, 4:22 am
SEC Staff Suggests MD&A Disclosures on Structured Investments and CDOsIn an open letter to the chief financial officers of banks and other entities that have investments in structured investment vehicles or collateralized debt obligations, the SEC staff identified a number of disclosure issues that they may wish to consider in preparing the Management's Discussion and Analysis section of upcoming annual reports on Form 10-K or 20-F.With regard to the off-balance sheet… [read post]
15 Jul 2020, 5:05 pm by Christine Swanick and Wilda Wahpepah
On July 15, 2020, the Federal Reserve Bank of Boston issued new guidance expressly permitting tribal businesses that are borrowers under the Main Street Lending Program (“MSLP”) to pay dividends to their tribal government owners. [read post]
16 Oct 2014, 6:30 am by Alexis
Next, after your passing, the remaindermen receive a step-up basis for capital gains purposes, minimizing the capital gains tax due should they decide to sell the property after your death. [read post]
15 Jul 2020, 5:05 pm by Christine Swanick and Wilda Wahpepah
On July 15, 2020, the Federal Reserve Bank of Boston issued new guidance expressly permitting tribal businesses that are borrowers under the Main Street Lending Program (“MSLP”) to pay dividends to their tribal government owners. [read post]
16 Oct 2014, 6:30 am by Alexis
Next, after your passing, the remaindermen receive a step-up basis for capital gains purposes, minimizing the capital gains tax due should they decide to sell the property after your death. [read post]
4 Mar 2008, 8:44 pm
This is reflected in a significant number of the contracts I am working on right now; short sales, properties in foreclosure; post-foreclosure bank sales; sellers paying money at closing to cover liabilities in order to sell. [read post]