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The recent financial crisis and subsequent events [1] show the dangers that can result when banks trade for their own accounts while disregarding their customers’ interests. [read post]
10 Dec 2013, 11:59 am
Kissel has been convicted twice in Hong Kong for the murder of her husband, a senior executive at US bank Merrill Lynch. [read post]
10 Dec 2013, 8:31 am by Jack Goldsmith
 But China’s espionage efforts are different in one key respect: China conducts surveillance on U.S. commercial entities, while the United States focuses on government targets. [read post]
10 Dec 2013, 4:00 am by John L. Culhane, Jr.
   Key revisions include the following:  A new overview section on student loan servicing has been added that discusses the various types of student loans and servicers that comprise the student loan servicing market and the various activities performed by servicers. [read post]
8 Dec 2013, 5:00 pm by Yale Hauptman
  A roadmap or guide to show you how to get from point A to point B is always key. [read post]
7 Dec 2013, 10:38 am by James Hamilton
The Principles for Financial Market Infrastructures also have a key role to play in the sound governance of risk management. [read post]
7 Dec 2013, 10:32 am by James Hamilton
 The key point here is that the Federal Reserve’s financial stability mandate is derived from what lies in the penumbra, reasoned the Fed official, not from any express reference to financial stability in the Federal Reserve Act itself. [read post]
6 Dec 2013, 10:05 am by Jaclyn Belczyk
[JURIST] The US Supreme Court [official website] agreed [order list, PDF] Friday to rule on a a key software patent case. [read post]
6 Dec 2013, 9:51 am by Lai Yip
  The patent related to secure communication through the use of pseudorandom encryption keys generated from a seed value, algorithm, and message data, which is a common method of securing customers’ privacy in online banking and commerce. [read post]
6 Dec 2013, 7:37 am by Clara Spera
One key excerpt from it: “Bank of America currency strategists estimate [that each Bitcoin] is worth $1,300 apiece. [read post]
5 Dec 2013, 6:25 am
CanadaNewest revelations of Ford's alleged illegal behaviour prompts questions about lack of charges, ReutersJudge dismisses Saskatchewan inmates' application to live together as a couple outside of prison, Toronto StarTeens charged with child porn after Rehtaeh Parsons' death due in court, Vancouver SunUnited StatesHuman error, what laws govern railroad safety key factors in success of lawsuits over New York train crash, Reuters Military court finds soldier guilty in prostitution case,… [read post]
5 Dec 2013, 12:07 am by Kevin LaCroix
Although the regulators pressures derive from justifiable concerns, they also threaten to undermine the keys of the bank’s success. [read post]
4 Dec 2013, 8:49 am by Allison Tussey
The last key tactic was the use of family members or business associates to serve as straw buyers who were fraudulently represented to the banks as being arms length purchasers who also had the financial resources to legitimately purchase real estate. [read post]
4 Dec 2013, 4:23 am by David DePaolo
That single event changed a number of American systems forever: travel, event attendance, banking, privacy, and on and on.Our entire way of life was completely, and forever, disrupted - and not in any positive way other than the fact that 9/11 showed us just how vulnerable we were as a country and as a society.So why shouldn't workers' compensation likewise become disrupted? [read post]
Most significantly, the absence of a robust bank M&A market with willing buyers that are able to execute transactions at attractive valuations (i.e., a premium to the market price at which the activist acquired the stock) has undermined one of the key exit opportunities for activist investors in the industry. [read post]
29 Nov 2013, 10:01 am by Gene Takagi
Huffington Post IU Philanthropy: Groundbreaking research by @jmpstrt expands understanding of religious influences on giving #ConnectGive http://ow.ly/rayM1  Gene: It’s Not Religion That Makes You Give - TIME - key is social networks formed within religious orgs Gene: Judge Declares Tax Exclusion For Clergy Housing Payments Unconstitutional - Forbes Law For Change: New Blog: Defining Social Enterprise via Haskell Murray http://law4.ch/1eou9yZ  Jed Emerson: Q&A With… [read post]
29 Nov 2013, 9:27 am by James Hamilton
During recent debate on the U.K.legislation on ring-fencing retail from investment banks, legislators had some nice things to say about Glass-Steagall.Lord Lawson, a key member of the joint Banking Standards Commission, said that the Glass-Steagall Act worked in the United Statesfor many, many years and it is no accident that serious problems emerged after it was repealed. [read post]