Sentences with phrase «bank holding company»

Since 2009, the six largest bank holding companies have agreed to pay an estimated $ 130 billion in settlement costs.

A registered bank holding company that provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through bank subsidiaries.

The two banks received an exemption in 2008 as they converted bank holding companies during the financial crisis.

As a bank supervisor, the Fed oversees a number of financial firms such as bank holding companies, state chartered banks within the Federal Reserve System, and foreign branches of member banks.

In opening remarks, the Managing Director spoke of the key need to ensure that supervision of bank holding companies takes place on a consolidated basis.

Goldman Sachs and Morgan Stanley, which began to report their holdings only after they became bank holding companies in 2008, held $ 45.9 and $ 37 trillion, respectively, in notional amount of OTC derivatives in the first quarter of 2009.

Advising investors in Change in Bank Control Act and in Bank Holding Company Act control issues and related regulatory applications

NEW YORK — The Federal Reserve Bank of New York Friday approved the notice by Greater Rochester Bancorp, Inc., Rochester, New York, to become a one - bank holding company with respect to Genesee Regional Bank, Rochester, New York.

But as part of the government bailout in the 2008 crisis, Goldman and its archrival, Morgan Stanley, were required to become bank holding companies.

Dept - to - GDP of whole countries has paralleled the debt leveraging of systemically Too - BIG - to - Fail Bank Holding Companies which means that the TBTF banks have to be broken up, and so too does the overtly overleveraged Central Banking System that currently controls the servicing of debts that are no longer actually serviceable from a mathematical standpoint.

Commerce Bancshares is a regional bank holding company serving customers in the midwestern region of the United States.

However, neither Arise Bank nor KFMC Bank Holding Company appear to be registered with regulators including the Texas Secretary of State nor the FDIC.

Fidelity Southern Corporation is one of the largest publicly traded bank holding companies based in the metropolitan Atlanta area.

Among U.S. bank holding companies, the following institutions held enormous OTC derivatives positions as of June 30, 2008: $ 94.5 trillion in notional amount for JP Morgan, $ 37.7 trillion for Bank of America, $ 35.8 trillion for Citigroup, $ 4.1 trillion for Wachovia, and $ 3.9 trillion for HSBC.

As the second - largest bank holding company headquartered in Tennessee, Pinnacle operates in the state's four largest markets, Nashville, Memphis, Knoxville and Chattanooga, as well as several surrounding counties.

Served as lead counsel for the defendant and achieved a defense verdict on behalf of a debtor bank holding company following an advisory jury trial involving a claim by the FDIC for more than US$ 500 million.

Congress needs to quickly legislate the ability to take receivership of non-bank financial institutions, including bank holding companies.

The Federal Reserve Board announces the adoption of a final rule that will allow bank holding companies to include in their Tier 1 capital without restriction senior perpetual preferred stock issued to the U.S. Treasury Department under the Troubled Asset Relief Program (TARP).

With a principal presence in Georgia, Alabama, and South Carolina — it falls right into the third tier of banks, and narrowly made its way onto the top 50 bank holding company list, placing at number 50 with $ 26.2 billion in assets.

The Utah - based bank holding company reported earnings of 57 cents a share on revenues of $ 116.9 million, beating analyst expectations on both top and bottom lines.

In the short time it took Congress to pass the TARP appropriation, the panic continued to spread; on September 25, Washington Mutual, the sixth largest depository institution, was resolved by the FDIC and just days later Wachovia, the fourth largest bank holding company encountered severe funding difficulties and was eventually taken over by Wells Fargo.

The new Visa credit card was created in partnership with bank holding company Capital One and comes with a bunch of benefits, including a $ 50 PlayStation Store credit after customers make their first purchase.

An Australian health care services company was the Fund's top contributor in the quarter, while a Swiss bank holding company was the largest detractor.

This permitted bank holding companies to acquire banks anywhere in the nation and invalidated the laws of 36 states which had allowed interstate banking only on a reciprocal or regional basis.

Lincoln clarified her provision this week to say umbrella bank holding companies could own derivatives dealers but only if they are separated from routine banking operations.

Their response was that the Fed (in New York) only analyzed bank holding companies, or the entities that owned the big banks.

The US experience with banking and insurance together has been more limited, due to laws such as McCarran - Ferguson and The Bank Holding Company Act.

Washington Mutual, Inc., abbreviated to WaMu, was a savings bank holding company and the former owner of Washington Mutual Bank, which was the United States» largest savings and loan association until its collapse in 2008.

Acquisition or refinancing the purchase of bank stock or bank holding company shares of a financial institution located in North Dakota.

BND generally will lend no more than 75 % of the discounted book value of the stock or securities being pledged as collateral for a bank stock loan to an individual for the purchase of bank holding company stock.

For example, Guaranty Bancorp, a community bank holding company based in Denver, Colorado, completed a $ 40 million offering of fixed - to - floating rate notes on July 18, 2016.

Four bank holding companies announced that they had redeemed all of the preferred shares that they had issued to the U.S. Treasury under the Capital Purchase Program of the Troubled Asset Relief Program (TARP).

First Constitution is a New Haven Connecticut saving bank holding company.

First National Bank was founded in 1857 and has become the largest privately - owned bank holding company in the United States.

Immediately prior to joining the firm, Jim served as Senior Vice President and Deputy General Counsel of one of the largest and most acquisitive bank holding companies in the US.

Mizuho Financial Group, Inc. is a Japanese bank holding company that is the ultimate parent company of the Mizuho Group, one of the largest financial institution groups in the world.

Multiple representations of Indenture Trustees for trust preferred securities in various bank holding company bankruptcies, including extensive litigation involving the structure of trust preferred securities.

It continues: «In publicly - available data reviewed by the panel, the 19 tress - tested [bank holding companies] have reported: $ 657.5 billion in Level 3 [poorest quality] assets... [and] $ 8.9 trillion in credit default sub-investment grade exposure.»

Represented a national bank holding company and its subsidiaries in a federal lawsuit concerning the sale of residential mortgage - backed securities

Represented defendant bank holding company and affiliates in consolidated class actions under federal securities laws

On January 18, AriseBank blasted out a press release saying it had acquired an Federal Deposit Insurance Corporation insured bank holding company.

Another major US bank holding company, Capital One Financial Corp., also took to prohibiting the purchase of cryptocurrencies using credit cards just last month.

Responsibilities include IT security, risk and compliance strategies, especially in the context of Bank Holding Company transformation efforts, Disaster Recovery and Enterprise Project Management.

Prior to his work at the White House, Dave served as Executive Director of City First Enterprises, a federally regulated nonprofit bank holding company and incubator of community development solutions.