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11 May 2009, 8:47 am
Per Ben Hallman at American Lawyer, the Mississippi Public Employees Retirement System gets around in securities litigation, the latest instance of which is its appearance as co-lead plaintiff against Royal Bank of Scotland, in which it's represented by Wolf Popper... [read post]
19 Mar 2024, 7:03 am
Will American healthcare go the way of the banking sector’s consolidation into a handful of all-powerful titans? [read post]
8 Feb 2013, 10:09 am
.): The plaintiffs, and the other members of the class—who number in the thousands—are American citizens who had bank accounts in UBS in 2008 when the UBS tax evasion scandal (of which more shortly) broke. [read post]
10 Oct 2008, 11:30 am
One of the biggest showdowns on Wall Street ended with a whimper Thursday when Citigroup walked away from efforts to block a deal between Wachovia and Wells Fargo, paving the way for a merger that would concentrate power within the American banking industry to just a few firms. [read post]
17 Mar 2009, 11:30 am
Of the $170 billion in government funds used to prop up American International Group, a large chunk has gone to buy soured securities - at full price - from big banks like Goldman Sachs. [read post]
30 Jul 2024, 10:46 am
Tower Partners, a lower-middle market investment bank in Columbia, announced it successfully executed the sale of American Made LLC. [read post]
10 Apr 2009, 7:59 am
Mr Mills incriminated Michael Absalom, 38, a South African, who had been jailed for eight-and-a-half years for armed raids on an American Express office in Glasgow and a bank in Troon, Ayrshire, around the time of the Dumbarton Road raid. [read post]
7 Aug 2009, 6:31 am
A federal judge has put a settlement between financial services giant Bank of America and the Securities and Exchange Commission on hold, pending a future hearing on the matter. [read post]
20 Sep 2012, 10:57 am
The Bank's President, Dr. [read post]
1 Jun 2007, 4:08 am
Which Americans are up to the task? [read post]
25 Apr 2018, 10:55 am
Arab Bank was genuinely shocking. [read post]
13 Nov 2007, 5:49 am
Wallison, a senior fellow at the American Enterprise Institute, contends that the principle objective of the superfund is "price discovery. [read post]
13 Mar 2010, 3:03 pm
Most Americans are destined for economic slavery in the form of unfair and predatory mortgages and credit cards. [read post]
13 Mar 2008, 8:57 am
The most recent action by the Federal Reserve is little more than a veiled attempt to foist the losses confronting Wall Street banks off on the American public. [read post]
19 Sep 2008, 3:49 pm
According to media reports, American International Group (AIG) is considering selling some or all of its Brazilian holdings as part of its strategy to repay the recent loan from the Federal Reserve Bank of New York. [read post]
21 May 2009, 1:54 pm
" The other, more sober tale, reveals the competing interests keeping American banks from pursuing the win-win solution that would permit "upside down" homeowners to remain in their houses and continue paying at least part of their debt. [read post]
27 Jul 2016, 9:42 am
Department of Justice of charges that the bank’s mortgage lending practices violated the Equal Credit Opportunity Act and Fair Housing Act by redlining majority-minority neighborhoods in the Memphis MSA and illegally discriminating against African Americans in the underwriting and pricing of certain mortgage loans. [read post]
29 May 2009, 3:41 pm
This perhaps emboldened the head of the American Bankers Association to call regulatory consolidation a "non-starter. [read post]
5 Apr 2021, 1:09 am
These include, for many expats: currency conversions, having to file foreign and US taxes and so risking double taxation, and difficulties accessing local banking and other financial services abroad (as foreign banks can be hesitant to take on American clients, whom they have to report to the US government). [read post]
29 Jan 2009, 7:29 pm
The American Banker had an interesting article the other day (paid subscription required) about the private investors who the FDIC and other federal bank regulators are attempting to entice into making investments in banks and thrifts in need of cold, hard capital. [read post]
