Sentences with phrase «bank holding company with»

Bank of the Ozarks, Inc. is a bank holding company with a single bank subsidiary.

United Bankshares, Inc. is a bank holding company with headquarters in Washington, DC and Charleston, WV and over 130 banking offices across Virginia, West Virginia, Washington DC, Maryland, Ohio and Pennsylvania.

The OCC's June 30 report shows Citigroup's holding company with $ 2.2 trillion in credit derivatives and $ 53.6 trillion in total notional amount of derivatives — at a bank holding company with only $ 1.8 trillion in assets.

The remaining major investment banks, Goldman Sachs and Morgan Stanley are bank holding companies with Federal Reserve regulation.

Mike has assisted financial institutions, including banks, credit unions and bank holding companies with acquisitions, sales, loan purchase agreements, mergers, and holding company formation, and in general business contract review.

Not exact matches

The bank holding company provides financial services and offers investment management with $ 1.8 trillion in assets under management.

It's a far cry from the days — say 15 years ago — when less than a dozen banks held a corporate loan on their balance sheet, and companies could renegotiate the terms of their loan with a single creditor, or a small committee.

After Agnelli's passing, Elkann, thrust to the forefront by the untimely deaths of two potential successors, was named chairman of Fiat and chairman and CEO of Exor, the family's $ 142 billion holding company with interests in commercial real estate, banking, media, heavy equipment, and the soccer team Juventus.

Boynton, who joined Torstar last March after holding senior positions at Aimia Inc. and Rogers Communications Inc., said the company ended with $ 71.4 million in unrestricted cash and no bank debt at the end of 2017.

The stockholders — the family owned 60 % and the company's 100 employees held the rest — allowed Nesbit to increase the company's credit line with the bank to $ 1.5 million and complete the expansion to five stores.

Retailer Williams - Sonoma, biopharmaceutical company Medivation and bank Wells Fargo ranked as the companies with the most high - ranking positions held by women, researchers said.

XIU holds the 60 biggest Canadian companies, with 26 % in banks.

Most Bitcoin exchanges on the contrary hold your funds as a rule unsecured on the company bank account of the exchange operator with the risk of a total loss should the exchange operator become insolvent.

DUBAI, May 3 (Reuters)- State - owned Egyptian Electricity Holding Company (EEHC) is raising a syndicated loan of up to around $ 700 million with Credit Suisse and HSBC leading the deal, banking sources said.

Before joining Franklin Bissett, Mr. Riach was vice president of a Canadian mutual fund company, and for 10 years before that he held senior positions in the corporate finance area with a national energy firm and a major Canadian Bank.

Under the regulatory capital guidelines currently applicable to bank holding companies (Basel 1), the firm's Tier 1 capital ratio (11) was 13.8 % and the firm's Tier 1 common ratio (12) was 12.1 % as of September 30, 2011, compared with 14.7 % and 12.9 %, respectively, as of the end of the second quarter of 2011.

Ms. Jones brings significant experience to the firm with over 40 years in the Canadian investment industry, holding presidential and executive roles at numerous high - profile companies including GBC Asset Management, AGF Private Wealth Management, TAL Private Management, CIBC Trust Company, and First Interstate Bancorp — where she was Canada's first female to lead a Schedule II bank.

Mr. Harris began his career with INA Corporation (now CIGNA) as a member of its international staff and with Fidelcor Inc., a bank holding company.

If the FDIC had authority over insolvent non-bank financials and bank holding companies, it could wipe out equity and an appropriate amount of bondholder capital, and sell the fully - functioning residual to an acquirer, as is typically done with failing banks, without any loss to depositors or customers.

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 assWith 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 asswith $ 26.2 billion in assets.

Over the course of his career, Mr. Kaushal has worked in senior roles with a number of Canadian investment banks, including Desjardins Securities Inc., Orion Securities Inc., Vengate Capital Partners Company, HSBC Securities Inc., Medwell Capital Corp. and Gordon Capital, and has held various roles within the private equity / venture capital industry.

Executives from companies such as China Development Bank Leasing, China Aviation Supplies Holding Company and ICBC Financial Leasing Co have all confirmed that they are buying new Boeing jets, with the latter specifically indicating the plan to buy 30 of Boeing's 737 - 800 jets that have list prices worth $ 2.88 billion.

These concentrations of positions in the hands of the largest bank holding companies and investment banks posed risks for the financial system because of their interconnections with other financial institutions.»

From the perspective of someone interested in making investments with 20 + year holding periods in mind, you need to be careful of owning banks because of the debt to equity levels involved in the investment, you need to be wary of technology companies because they must constantly be innovating to remain profitable and relevant (unlike, say, Hershey, which could stick with its business model of selling chocolate bars for the next century), and retail stocks which are always subject to the risk of a new low - cost carrier arriving on the block.

For more than 25 years, Berkery Noyes has worked closely with publicly held, privately owned and investor - backed companies, including most of the global information industry leaders, to recommend ideas, recognize opportunities, execute strategic transactions, and provide trusted, reliable investment banking advice.

Prior to joining Oberon, Jerome held positions as Managing Director of Albany Capital Resources and Vice President at Sun National Bank, where he consulted with CEOs and CFOs of lower middle - market companies, targeting transactions between $ 5 million and $ 50 million.

It allows the FDIC to borrow funds from the Treasury to support the liquidation of such firms with the proviso that in the event of any losses, fees will be levied on bank holding companies and other financial institutions to fully reimburse the Treasury.

The banks should be trading at least in line with the broader market and, more realistically, worse than the broader market because they hold loans to the companies that are collapsing in price.

Cushman began holding informal meetings with banks last year, and any decision on moving forward with a public listing would be based on the company's performance and market conditions.

Under the Trust Agreement, Shareholders are limited to (1) participants in DTC such as banks, brokers, dealers and trust companies («DTC Participants»), (2) those who maintain, either directly or indirectly, a custodial relationship with a DTC Participant («Indirect Participants»), and (3) those banks, brokers, dealers, trust companies and others who hold interests in the Shares through DTC Participants or Indirect Participants.

The directors said they expected that after that sale, and the proceeds of the 2012 vintage wines, the debt would still be between $ 13 million and $ 15 million and the company has held preliminary discussion with the bank about a potential commutation of the shortfall.

Entities affiliated with BDT Capital Partners, a Chicago - based merchant bank that provides long - term private capital and advice to closely held companies, also are investing alongside JAB.

A bigger fear about the NBN Co bill held by Telstra, Optus and the opposition communications spokesman Malcolm Turnbull is that the banks, government departments and other large companies will become licensed telco carriers and deal directly with NBN Co..

Sheikh Isyaku founded a major family operated holding company with a history of investment in manufacturing, insurance, banking and real estate.

Azibaola and his co-accused were alleged to have diverted $ 40million (Forty Million United State Dollars) purportedly meant for supply of Tactical Communication kits for Special Forces which was transferred from the account of the Office of the National Security Adviser, ONSA, with the Central Bank of Nigeria to the domiciliary account of their company, One Plus Holdings.

«From standing up to the banks and credit card companies with her credit card reform bill to holding Big Oil accountable, Carolyn fights for New Yorkers everyday — and she gets results.»

The funds which were allegedly released to the accused persons between October, 2014 and March 19, 2015 were allegedly transferred from an account the office of the NSA operated with the Central Bank of Nigeria, CBN, to a First Bank of Nigeria Plc account owned by DAAR Investment and Holding Company Limited.

One of the counts reads: «That you Dr. Raymond Dokpesi and Daar Investment and Holding Company Limited between October 2014 and March 19, 2015 in Abuja, conducted procurement fraud by means of fraudulent and corrupt act, to wit: receipt of payment into the account of Daar Investment and Holding Company Limited with First Bank of Nigeria Plc of public funds in the sum of N2, 120,000,000 from the account of the office of National Security Adviser (NSA) with the Central Bank of Nigeria for the funding of media activities for the 2015 presidential election campaign for the People's Democratic Party (PDP) and you thereby committed an offence contrary to section 58 (4)(b) of the Public Procurement Act, 2007 and punishable under Section 58 (6) & (7) of the same Act».

Ruling on the matter today, Justice Abang, held that, he was satisfied that there was a prima - facie nexus linking the defendant and his company, Destra Investment Limited, to the N400million that was transferred from an account the Office of the National Security Adviser, ONSA, operated with the Central Bank of Nigeria, CBN, on the order of the erstwhile NSA, Col. Sambo Dasuki, (retd).

Citigroup Inc. is engaged as a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking, credit cards, etc..

On the bright side, it correlates highly with asset size, so maybe a list of the 20 largest bank holding companies in the US would serve as well.

HR 10 allowed for the formation of financial holding companies that could engage in banking, investment banking, and insurance, with regulation of mixed entities to be done functionally down at the operating companies, in much the same way it would be done for standalone entities.

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.

Community Bank Systems is a holding company with banking operations in Upstate New York, northern Pennsylvania, and upper New England.

The company had applied for a charter to form an industrial loan company (ILC), which means it would enjoy many of the same privileges as a traditional bank without having to comply with Bank Holding Act requiremebank without having to comply with Bank Holding Act requiremeBank Holding Act requirements.

The iShares DEX All Corporate Bond Index Fund (TSX: XBC) as the name implies only holds corporate bonds: banks, telecom companies, along with some retailers and energy names.

We did not need something as big as TARP 1 to solve issues at the operating banks... but if we are profligate in handing out money to bank holding companies, then even TARP 2 might not be enough to deal with all of the mess.

According to a press release, the company received a Series D financing round with Fifth Third Capital Holdings as the lead, and Columbia Seligman Investments and First Republic Bank also participating.

IRAs are usually held in an account with a bank, brokerage firm, insurance company, mutual fund company, credit union, or savings association.

(1) Charge a buyer or receive from a buyer money or other valuable consideration before completing performance of all services the credit services organization has agreed to perform for the buyer, unless the credit services organization has obtained in accordance with § 2404 of this title a surety bond in the amount required by § 2404 (e) of this title issued by a surety company authorized to do business in this State or established and maintained a surety account at a federally insured bank or savings and loan association located in this State in which the amount required by § 2404 (e) of this title is held in trust as required by § 2404 (c) of this title;