Sentences with phrase «actions against the bank»

Earlier this year, the CFPB issued a new rule to make it easier to mount a class action against banks and financial institutions by banning forced arbitration.

That's why moaning about Dodd - Frank whistle - blowers or duplicative actions against the banks rings hollow.

It is understood that Vince Cable and George Osborne were going to call for the financial sector to refrain from excessive payments in the next bonus round, with the threat of additional action against banks if they fail to do so.

As if to prove the point, business secretary Vince Cable told the newspaper his place in the coalition would not stop him taking tough action against the banks.

Now she has another idea for funding: settlement money the state has received from legal actions against banks and other corporations.

«In view of that, the plaintiff felt that she had been cheated and made to suffer a lot and filed an action against the bank.

The employees brought successful actions against the bank for breach of their employment contracts.

Court actions against the bank started in September 2016 and following sixteen months of protracted hearings, Mr. and Mrs. Maby recovered their full investment.

Therium funding a Lloyds group action against the bank over the takeover of HBOS.

Obtained a $ 650 million settlement for American International Group in a long - running fraud action against Bank of America and Countrywide arising out of misrepresentations made in conjunction with the sale of residential mortgage - backed securities.

The Court of Appeals agreed that the EIPA does not create a private right of action against a bank, rejecting the plaintiffs» argument that such a right was implied by the statute.

Our Sydney partners have represented clients in some of Australia's largest and most complex corporate collapses, crises, disasters, and class actions, including HIH, World Trade Center litigation, Ensham Resources, Babcock & Brown liquidation proceedings, the James Hardie Royal Commission, a class action against the Bank of Queensland and currently running six class actions in the Supreme Court of NSW against vehicle manufacturers arising out of the Takata airbags recalls; as well as presently (as a matter of public record): Arup Pty Ltd, Aurizon, Forge Group, ICICI Bank, NuCoal Ltd, South32, Macquarie Bank, Deloitte, and Viva Energy (amongst others).

This was concluded in 2012, when both law enforcement agencies determined to terminate their investigation and not to take any action against the bank.

The respondent commenced an action against the Bank in July 2013.

A California tenant served with an eviction notice in 2009 by a bank that became the owner of the foreclosed property she was renting does not have the right to bring a private action against the bank for allegedly violating the 2009 Protecting Tenants at Foreclosure Act.

The House also took action against banks in real estate in its fiscal 2005 appropriations legislation, but its ban is limited to the fiscal year that ends Sept. 31, 2005.

Not exact matches

The government's wave of legal actions against JPMorgan Chase is designed to make the bank look bad and is a relentless approach similar to Feds» pursuit of Jimmy Hoffa, CNBC's Jim Cramer said Wednesday.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

Businesses and banks are in the news for being corrupt and leaders are accused of horrible actions against employees.

WASHINGTON — Seeking to intensify pressure on Russia, President Barack Obama on Thursday expanded U.S. economic sanctions against Moscow over its actions in Ukraine, targeting President Vladimir Putin's chief of staff and 19 other individuals as well as a Russian bank that provides them support.

It would mark the toughest action that the Trump administration has taken against a major bank.

The face - to - face meeting between Moynihan and Holder is being pushed as the bank faces the possibility of a lawsuit from the U.S. Attorney's office in New Jersey against Merrill Lynch's actions leading up to the mortgage crisis.

The civil action against Panther Energy Trading of Red Bank, N.J., and owner Michael J. Coscia, is the first time the CFTC has used the anti-spoofing authority, which is contained in Dodd - Frank law.

A U.S. judge certified a class action against Target brought by several banks over the retailer's massive data breach.

Pomerantz leads a class action against Deutsche Bank AG, arising from its lack of controls against financing terrorism, money laundering, aiding against international sanctions, and committing financial crimes.

Pomerantz represents Banco Safra SA, one of the largest banks in Brazil, in a class action against Samarco Mineracao SA, relating to the loss in value to the company's bonds triggered by the Fundão dam - burst disaster.

But on this issue and others, Republican lawmakers face counterpressures from conservative antigovernment groups including Heritage Action, Club for Growth and Charles and David Koch's Americans for Prosperity, which want to kill the Ex-Im Bank and are ready to finance campaigns against unsupportive Republicans.

The euro, which had already been near its lowest level in 11 years on expectations of action by the central bank, weakened further against the dollar, falling about 1 percent to around $ 1.14, a move that could help European exporters.

The Department of Banking and Securities listed no enforcement actions against Grazioli Asset Management as of Friday.

While the SEC has levied fines against several banks over Magnetar deals, it has never taken any action against the hedge fund.

WASHINGTON (AP)-- Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state - owned banks.

The banks have initiated action against 10 Bitcoin exchanges including that of BtcxIndia, Zebpay, CoinSecure, Unocoin and others for dubious transactions.

We believe that market - rigging tactics of which banking institutions have been repeatedly accused — and, in many cases, are legal defendants in actions brought against them — have been disguised but are still widely practiced.

Since 2012, the Federal Reserve has been engaged in a pre-emptive war against financial risk... pre-emptive central banking refers to monetary action in anticipation of future financial stress to avert a market crash before it starts....

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The Senate voted Tuesday night to kill a controversial rule that would have allowed Americans to file class - action suits against banks instead of being forced in many cases into private arbitration.

Prior to this, banking officials in the state of Tennessee began taking matters into their own hands and refused to wait for the federal government or the Federal Reserve to take regulatory action against bitcoin.

«The Bank's policy action is intended to provide insurance against these risks, support the sectoral adjustment needed to strengthen investment and growth.»

To the extent that that had not been done, Mr Anyidoho believes Dr Bawumia's action constitutes a criminal offence under Section 251 of Act 29 of the Criminal Offences Act 1960, hence he intends filing a suit against the former Deputy Governor of the Bank of Ghana.

«Our vision is to be able to take action against any individual in a firm, not just the approved ones, and for the director of a failed bank to not be able to easily reapply as director of a financial institution,» he explained.

The Department of Financial Services on Tuesday announcement its latest enforcement action that includes a $ 315 million penalty levied against the Bank of Tokyo Mitsubishi.

To further stall the criminal proceedings against him and the Bank's bid to recover its funds, Innoson has been trying to distract the Bank from focusing on the criminal action, as well as civil actions filed for recovery of the debt.

We are pleased that Deutsche Bank worked with us to resolve this matter and take action against individual employees who engaged in misconduct,» said Acting DFS Superintendent Anthony Albanese.

The money could also be used to hire attorneys to bring enforcement actions and fines against the banks for lack of compliance.

Currently, New York law blocks organizations or individuals from being able to sue banks for securities fraud, and only allows legal action against them to be taken by the State Attorney General's office, union officials said.

NEW YORK — Following the mass shooting in San Bernardino, California, which killed 14 and wounded 21 people, Public Advocate Letitia James took immediate action against TD Bank, N.A. and TD Securities USA, financiers of Smith & Wesson, which manufactured -LSB-...]

Full legal action will be brought against bank found culpable of fraudulent financial dealings with the outgoing administration.

French President Nicolas Sarkozy announced a number of measures - including action to be taken against the executives of failed banks - following a meeting of the leaders of Britain, Germany and Italy in Paris this afternoon.

«Action has already been taken with the assistance of [payments association] Apacs to inform the relevant banks so that the relevant accounts can be flagged for scrutiny against unauthorised access.»

There is an explicit clause that has been inserted into the regulation with legal effect, effectively representing Britain's position, which essentially says no action, proposal or policy of the European Central Bank should directly or indirectly discriminate against any member state or group of member states in any currency, in effect.