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5 May 2010, 7:50 pm by Kevin Funnell
I don't think this type of transaction really indicates a fundamental change in the attitude the FDIC will take toward private equity players who plan to acquire control of failed banks from the FDIC through use of a shelf charter or otherwise. [read post]
5 May 2010, 3:46 pm
The price per share arrived at should be certified by a Chartered Accountant. [read post]
29 Apr 2010, 5:50 am by Peter S. Lubin and Vincent L. DiTommaso
You can contact one of our Chicago consumer law attorneys who can assist in lemon law, unfair debt collection, predatory lending, mortgage and real-estate fraud, wage claims, unpaid overtime and other consumer, consumer fraud or consumer class action cases by filling out the contact form at the side of this blog or by clicking here. [read post]
29 Apr 2010, 12:24 am
Recently, since the Cayman Islands have consented and complied with the OECD demands, several banks have closed, the government threatened to revoke the charters of companies that had not proved considerable domestic activity, and have compelled the financial industry to not guarantee absolute financial secrecy to its clients. [read post]
Furthermore, the SEC proposes concurrently to eliminate its longstanding rule that company proxy cards may provide stockholders the option to vote for all management nominees as one slate, depriving the board’s nominating committee of one of its traditional state-law functions, namely, composing a slate of directors who, taken as a whole, have the individual and complementary talents believed best suited for optimal board oversight. [read post]
20 Apr 2010, 7:31 pm by Kevin Funnell
" Ask the former owners and employees of failed banks like Charter Bank about that theory and be prepared to be run out of town on a rail. [read post]
16 Apr 2010, 8:00 am by Chelsey Russell
As a result, one warrant before the Offering was $4.00 a share, and after the Offering one warrant was equivalent to more than three shares of common stock at $1.20 per share. [read post]
12 Apr 2010, 3:27 pm
Here's a draft charter for this august panel. [read post]
12 Apr 2010, 6:40 am by Rick Hills
The OCC generates fees when banks obtain a national charter, and banks benefit more from national charters when these charters enable their subsidiaries to be free from state regulation. [read post]
5 Apr 2010, 7:38 am by Jeffrey Andersen
Under the proposed Dodd bill, many financial institutions would lose a regulator or be assigned a new one. [read post]
4 Apr 2010, 7:25 pm by Kevin Funnell
At least one Maryland bank trade association and some individual community bankers are telling the state legislature, "Thanks, but no thanks. [read post]
23 Mar 2010, 7:26 am by Richard Esenberg
" Republicans, criticized for failure to mind the banks, ran videos of Barney Frank expressing his desire to "roll the dice" on expanding home ownership. [read post]
23 Mar 2010, 3:16 am
The panel will begin at 10:45 on Friday, March 26th, and will be chaired by Angela Banks (left) of William and Mary Law School. [read post]
22 Mar 2010, 7:21 pm by Kevin Funnell
And it's a problem that's growing with every seven-bank "Bank Fail Friday" like the one we had last week. [read post]
17 Mar 2010, 7:25 pm by Kevin Funnell
William Frick, a Democrat from Montgomery County, Md., introduced legislation in the state House of Delegates that would allow state-chartered banks to win the state's business if their bid came within 10% of those from larger banks. [read post]
15 Mar 2010, 6:03 pm by jefhenninger
Also, as a bank chartered under the laws of New York State, The Park Avenue Bank was regulated by the NYSBD. [read post]
12 Mar 2010, 5:20 pm by Jeff Sovern
  This can encourage an agency to pursue policies that are friendly to banks--especially larger ones. [read post]
10 Mar 2010, 7:22 pm by Kevin Funnell
Yesterday's American Banker had a front-page story (paid subscription required) that discussed how some large federal savings banks were flipping from an OTS to an OCC charter. [read post]