Search for: "Dollar Bank Federal Savings Bank"
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11 Sep 2023, 9:01 pm
Redemption rights linked to avoiding undesirable legal, regulatory or tax impacts are not carved out, which may sting regulated or tax sensitive investors such as banks, pension funds and charitable foundations. [read post]
7 Sep 2023, 9:01 pm
Background In response to the 2008 financial crisis, US federal banking regulators adopted a series of measures that aimed to improve the resolvability of large US banking organizations. [read post]
4 Sep 2023, 5:44 am
According to my tally, there were approximately 147 federal court securities class action lawsuits filed in the first eight months of 2023 (through August 31, 2023), compared to 137 federal court suits filed during the same period in 2022, representing an increase of about 7 percent. [read post]
1 Sep 2023, 8:00 am
Federal Reserve Sets Guidelines for Banks’ Use of StablecoinsPYMNTS – August 28, 2023 A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the ire Monday (Aug. 28) of members of Congress. [read post]
30 Aug 2023, 5:47 am
Navigating Your Federal Income Taxes: Deductions & Credits Deductions reduce your taxable income based on your marginal tax bracket, whereas credits decrease your overall liability dollar-for-dollar, making them more valuable than deductions if properly leveraged within one’s unique financial situation. [read post]
18 Aug 2023, 10:59 am
Significantly, the statute defines a “financial institution,” as “a State or National bank, a State or Federal savings and loan association, a mutual savings bank, a State or Federal credit union, or any other person who, directly or indirectly, holds an account belonging to a consumer. [read post]
16 Aug 2023, 12:20 pm
Squabbles over a few thousand dollars an be more bitter than fights over many thousands. [read post]
11 Aug 2023, 4:00 am
For many months, prosecutors questioned witnesses in the Florida case before a federal grand jury in Washington. [read post]
28 Jul 2023, 4:00 am
Against the backdrop of the collapse of Silicon Valley Bank and the narrowly avoided debt ceiling crisis, the Biden administration has pushed for new regulations. [read post]
25 Jul 2023, 9:05 pm
Individuals’ retirement well-being thus materially depends on the success of their investment strategy, both through retirement plan savings and personal savings, and they come to have insight into factors that may affect investment returns. [read post]
14 Jul 2023, 10:21 am
Banks are preparing $9.4 billion of debt, including loans and bonds in dollars and euros, to back the private equity firm’s purchase of a 55% stake in the payment processor, Bloomberg reported Friday (July 7), citing unnamed sources. [read post]
31 May 2023, 9:47 am
America changed which political party controlled the White House, Wall Street crashed the economy, the Bush administration shoveled a record amount of taxpayer dollars to bail out the mega-banks, and the first of what would be millions of individuals lost their savings, jobs, and houses. [read post]
14 May 2023, 9:00 pm
So even without calling state and local governments part of the government as a whole or treating the independent central bank’s balance sheet as part of the federal government, it would take only a minimum of insight to observe that the government today is in fact almost seven trillion dollars below the debt ceiling.Longstanding and unexamined assumptions would thus give way to a more expansive (and arguably better) reading of the debt ceiling statute—a… [read post]
10 May 2023, 4:00 am
I hope this book will be a useful tool in their workplace, one that will save them time and make their journalism better. [read post]
8 May 2023, 9:01 pm
That is, a person could put $100 into a deposit account with a bank, and if the bank pays three percent interest, the person would be able to withdraw three dollars per year forever. [read post]
2 May 2023, 1:05 pm
Solicitor General represents the views of the federal government to the Supreme Court. [read post]
1 May 2023, 7:00 am
He has a track record of success in resolving complex tax issues and has saved his clients millions of dollars in taxes, penalties, and interest charges. [read post]
23 Apr 2023, 9:01 pm
In that role, he worked closely with President Franklin Roosevelt to establish the nation’s first federal securities laws. [read post]
20 Apr 2023, 1:20 pm
A qualified custodian generally is a federal or state-chartered bank or savings association, certain trust companies, a registered broker-dealer, a registered futures commission merchant, or certain foreign financial institutions. [read post]
19 Apr 2023, 7:46 am
LLCs provide business owners with many significant benefits, from protecting their personal assets to potential tax savings. [read post]
