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3 Jul 2012, 6:33 pm
The Bank’s CEO has resigned (see BBC News). [read post]
14 Apr 2008, 1:32 am
National Westminster Bank plc v King Chancery Division “The High Court's power of transfer under section 40(2) of the County Courts Act 1984 was not limited to cases which would otherwise be within a county court's jurisdiction. [read post]
13 Jun 2012, 10:52 am
In testimony before the Senate Banking Committee, Jamie Dimon assured lawmakers that the bank's board was investigating the trading losses. [read post]
17 Jun 2009, 2:18 pm
Jefferies, the investment bank that began life as a small equity trading shop, was named a primary dealer on Wednesday by the Federal Reserve Bank of New York, the first new entrant into the program in three years. [read post]
17 Jul 2009, 5:45 am
Bank of America said Friday that it earned $3.2 billion in the second quarter, as higher mortgage banking income, trading profits and gains from an asset sale offset mounting loan losses. [read post]
31 May 2012, 1:18 pm
On Thursday, the Commodity Futures Trading Commission held a public roundtable to solicit ideas from banks, academics and other experts on the contentious Volcker Rule, which seeks to ban banks from making risky bets with their own money. [read post]
8 Aug 2022, 10:41 am
The trade groups assert that there is currently a “supervisory imbalance” among participants in the market for aggregation services, with large data holders such as banks and credit unions regularly supervised by the CFPB while non-depository entities such as data aggregators and data users are not examined by the CFPB. [read post]
8 Sep 2024, 9:05 pm
In light of the high stakes, financial policymakers ought to be exceedingly thoughtful about the trade-offs involved in resolving failed banks beyond just direct costs to the DIF. [read post]
29 Sep 2009, 8:11 am
Investors who suffered huge financial losses from Medical Capital Holdings are now taking legal action against Wells Fargo & Co. and The Bank of New York Mellon Corp., charging that the two banks, which served as trustees for five of Medical Capital's special-purpose corporations, failed to protect MedCap investors. [read post]
5 Jan 2017, 2:22 pm
Protecting Confidential Information and Client Relationships in the Financial Services Industry Seyfarth’s fourth installment, presented by Scott Humphrey, Marcus Mintz, and Kristine Argentine, focused on trade secret and client relationship considerations in the banking and finance industry, with a particular focus on a firm’s relationship with its FINRA members. [read post]
10 Feb 2024, 6:02 pm
His death was confirmed by Ngozi Okonjo-Iweala, director general of the World Trade Organization and formerly Nigeria’s finance minister, in a post on X, formerly known as Twitter. [read post]
3 Nov 2022, 11:00 pm
In some circumstances, foreign investors even have tax benefits (compared to local investors) for trading credits that are documented in the form of securities. [read post]
20 Mar 2017, 8:18 am
In Seyfarth’s second installment in its series of 2017 Trade Secret Webinars, Seyfarth attorneys Scott Humphrey, Robyn Marsh, and Dawn Mertineit will focus on trade secret and client relationship considerations in the banking and financial services industry, with a particular focus on a firm’s relationship with its FINRA members. [read post]
19 Jun 2014, 3:19 am
According to its court submissions Sparkassen has regularly taken action against several other banks that also used the colour red.Two competing banks, namely Austrian bank Oberbank and Spanish bank Santander, requested the German Patent and Trademark Office to invalidate Sparkassen’s colour trade mark registration. [read post]
8 Apr 2009, 6:45 am
Maybe if this happens to you, a complaint could be made to the Office of Fair Trading? [read post]
25 Aug 2010, 2:44 am
Among other things, the report notes that many of the failed and troubled banks in the current wave are publicly traded, by comparison to the S&L crisis, when almost none of the failed institutions are publicly traded. [read post]
26 May 2010, 1:10 pm
Development of a new model strengthening international trade activities. [read post]
10 May 2009, 9:08 pm
The bank failed on October 24, 2008, 29 months after receiving a charter and federal deposit insurance.... [read post]
4 Apr 2012, 7:30 am
I'm not sure how great it is to be permitting Barclays the New York investment bank to engage in currency trades with Barclays the British financial conglomerate. [read post]
14 Oct 2014, 8:58 pm
Commodity Futures Trading Commission Chairman Timothy Massad, Federal Deposit Insurance Corporation Vice Chairman Thomas Hoenig, Federal Deposit Insurance Corporation Board Member Jeremiah Norton, Federal Reserve Board Governor Daniel Tarullo, Federal Reserve Bank of New York President William Dudley, and Deputy Treasury Secretary Sarah Bloom Raskin. [read post]
