Sentences with phrase «banking sales practices»

The earnings report came three days after the bank's independent directors decided to initiate corporate pay clawbacks, following a six - month investigation into the scrutinized institution's retail banking sales practices.

Frank Allen, FAIR Canada Executive Director, was quoted in CBC Go Public's story regarding bank sales practices.

Not exact matches

The disclosures signal that the bank's problematic sales practices go further than investors and analysts had expected after Wells Fargo reached a settlement with regulators in September over unauthorized customer accounts.

The bank has said it is changing its sales practices, and recently removed the sales goal incentives that led to fraud.

(Expect the stock picker to discuss the bank's problems with its sales practices at the annual meeting.)

The Wells Fargo case came to light late last week when the bank agreed to pay a $ 185 million fine for what regulators called «widespread illegal» sales practices.

The government expands its investigation of the bank's sales practices from retail to wealth management.

The FCAC commissioner's comments come as the agency released the findings of an intensive review of business practices across Canada's Big Six banks, launched last April following media reports alleging questionable sales tactics such as selling services without the consent of customers.

The federal banking regulator, the Office of the Superintendent of Financial Institutions, also last summer said it was reviewing domestic retail sales practices at Canada's key banks, focusing on «risk culture» and «the governance of sales practices.»

In 2017, the bank also reached a preliminary class - action settlement of $ 142 million over concerns about retail sales practices and unauthorized accounts from 2002.

The setting is 1,800 miles from company headquarters, where top executives have been scrambling for nearly two years to contain the damage from a sales practices scandal that engulfed its retail bank and spread to auto lending, mortgages and even wealth management.

The disclosures have caused a public furor, with Stumpf facing heated questions before two congressional committees and other U.S. authorities launching investigations into the bank's sales practices, including the Justice Department and the Labor Department.

Wells Fargo chairman and CEO John Stumpf testified Tuesday in front of the Senate Banking Committee about the bank's allegedly illegal sales practices.

Considering the rather standard practice of marketplace operators in releasing stolen data gradually in order to avoid oversaturation of the market and to minimize the chances of identification of stolen records by the banks, it will take at least several months before the entire archive is offered for sale.

In January, the board took the unusual action of publicly firing four executives whom the board said had major roles in the bank's sales practices at the center of the scandal.

Stumpf, however, did not seem to express regret for how he handled those initial weeks after the bank was fined, including where he initially levied most of the blame on low - level employees for the sales practices problems instead of management, said Stuart Baskin, lawyer with Shearman & Sterling, the firm that the board hired to investigate the sales scandal.

In response to the news reports, the Financial Consumer Agency of Canada (FCAC) moved up its review of the financial sector to April, during which it plans to focus on sales practices and whether Canada's banks are following guidelines regarding express consent and disclosure.

Over the course of the past week, a spotlight has been firmly fixed on the sales practices of Toronto - Dominion Bank (TD).

In a recent article Rob McMillan, founder and executive vice president of Silicon Valley Bank's wine industry practice, was quoted, saying that «the wine industry needs to do a better job on sales and marketing using digital tools.»

The big banks recently came out with their earnings and they all seemed pretty good, even TD didn't seem to be affected by the negativity surrounding their sales practices.

TORONTO — TD Bank says it is reviewing concerns about its sales practices in light of reports that some employees allegedly broke the law in order to meet sales targets and keep their jobs.

He made his comments during the bank's annual shareholder meeting, several weeks after the CBC reported that unnamed bank employees alleged they used aggressive, and in some cases illegal, sales practices.

CEO Bharat Masrani says the bank received «a few hundred complaints» last year regarding its sales practices that were escalated.

The bank previously paid a combined $ 260 million to settle Federal Reserve and Justice Department allegations that its lending, pay and sales quota practices in the home lending business caused borrowers to be placed into higher - cost mortgages.

With seasoned judgment accumulated over 35 years of both general and specialized experience in law and business, David's practice also includes transactions advice, document drafting, negotiation assistance in such areas as real estate and business asset purchase and sale transactions, bank lending, contract review and drafting, corporate and business entity formation and dissolution.

She is active in all aspects of the firm's transactional practice, including entity selection, formation and conversion, employment matters, mergers and acquisitions, general corporate and commercial transactions, bank loans and private financings, federal, state, and international trademark matters, real estate acquisitions and sales, and commercial leasing.

International legal practice Norton Rose Group is advising The Hongkong and Shanghai Banking Corporation Limited (HSBC) on the sale of its retail banking and wealth management business in Thailand to Bank of Ayudhya Public Banking Corporation Limited (HSBC) on the sale of its retail banking and wealth management business in Thailand to Bank of Ayudhya Public banking and wealth management business in Thailand to Bank of Ayudhya Public Company

Lending Policies, Custom and Practice / Lender Liability Broker Standards of Care and Fiduciary Responsibility Loan Underwriting and Credit Administration Loan Process and Bank Loan Restructure / Workout Process Note Valuations / Collateral Review Litigation and Discovery Consulting Banking Operations / Administration Specialty Niche in SBA Real Estate Lending Construction RE Lending & Administration Expert reports adherent to Federal Rule 26 Loan Syndication / Secondary Market Loan Sales Title Insurance Cases Experienced in trial and deposition testimony

His main fields of practice include oil, gas, and electricity arbitration and litigation, insurance, banking, shipping, international sale of goods and financial services.

Her business and banking practice includes drafting and negotiating the purchase and sale of businesses and real property, and assisting credit unions, national and community banks and other lenders with all aspects of banking, finance and loan documentation.

Clemencia's business and banking practice includes drafting and negotiating the purchase and sale of businesses and real property, and assisting credit unions, national and community banks and other lenders with all aspects of banking finance and loan documentation.

Besides these, a major game changer in the last decade lies in the review of distribution models and practices on the sale of investment products, prompted by criticisms of bank - dominated distributions, high sale charges, questions of potential conflict of interests and investors» claims for mis - selling.

Practice Highlights His practice includes representing physicians and medical clinics in negotiating employment contracts, partnership contracts, joint venture contracts and establishment of medical corporations; representation of physicians and medical clinics in the purchase and sale of medical practices; representation of physicians, dentists, pharmacists, medical clinics, surgical centers, hospitals, clinical laboratories and nursing homes before the Illinois Department of Professional Regulation, Illinois Department of Public Aid, Illinois Department of Public Health and Federal Department of Health and Human Services in administrative license and recoupment hearings; representation of brokers and salesman before the Office of Banks and Real Estate; representation of physicians and other health care providers at internal hospital hearings involving termination or discipline of hospital privileges; representation of physicians in hearings before managed care providers to terminate the physician as a provider; representation of health care providers in criminal proceedings in federal or state court on charges related to Medicare and Medicaid vendor fraud and false claims; general and civil litigation related to medical care providers; and domestic rePractice Highlights His practice includes representing physicians and medical clinics in negotiating employment contracts, partnership contracts, joint venture contracts and establishment of medical corporations; representation of physicians and medical clinics in the purchase and sale of medical practices; representation of physicians, dentists, pharmacists, medical clinics, surgical centers, hospitals, clinical laboratories and nursing homes before the Illinois Department of Professional Regulation, Illinois Department of Public Aid, Illinois Department of Public Health and Federal Department of Health and Human Services in administrative license and recoupment hearings; representation of brokers and salesman before the Office of Banks and Real Estate; representation of physicians and other health care providers at internal hospital hearings involving termination or discipline of hospital privileges; representation of physicians in hearings before managed care providers to terminate the physician as a provider; representation of health care providers in criminal proceedings in federal or state court on charges related to Medicare and Medicaid vendor fraud and false claims; general and civil litigation related to medical care providers; and domestic repractice includes representing physicians and medical clinics in negotiating employment contracts, partnership contracts, joint venture contracts and establishment of medical corporations; representation of physicians and medical clinics in the purchase and sale of medical practices; representation of physicians, dentists, pharmacists, medical clinics, surgical centers, hospitals, clinical laboratories and nursing homes before the Illinois Department of Professional Regulation, Illinois Department of Public Aid, Illinois Department of Public Health and Federal Department of Health and Human Services in administrative license and recoupment hearings; representation of brokers and salesman before the Office of Banks and Real Estate; representation of physicians and other health care providers at internal hospital hearings involving termination or discipline of hospital privileges; representation of physicians in hearings before managed care providers to terminate the physician as a provider; representation of health care providers in criminal proceedings in federal or state court on charges related to Medicare and Medicaid vendor fraud and false claims; general and civil litigation related to medical care providers; and domestic relations.

Chrys» practice is concentrated in the area of corporate and commercial law with an emphasis on small business acquisition, sale and merger, banking and security matters, commercial and industrial real estate sales and purchases, commercial mortgage financing and leasing.

These matters run the gamut of securities and commodities claims, including suitability, churning, misrepresentation and sales practices claims, cases alleging research and investment banking conflicts of interest, margin liquidations, incentive stock option exercises, shareholder derivative class action claims, customer solicitation claims, unfair business practices litigation, and audit and compliance advisory work.

Jim has defended banks in connection with suits arising under various truth in lending laws as well the Uniform Commercial Code, has prosecuted multi district litigation involving injuries purportedly caused by the ingestion of certain prescription and over-the-counter drugs and has engaged in sales practices and securities litigation arising under common law, a myriad of consumer protection statutes, and the Securities and Exchange Acts.

customer service Sales expertise Strong sense of banking ethics Practiced knowledge of bank security systems... Entered member transaction data into the online banking software.

Experienced bank teller with the... with customers building relationships and finding banking products that would best work for their specific... Office proficient Sales expertise Strong sense of banking ethics Practiced knowledge of bank security systems

Thermafreeze (Red Bank, NJ) 09/2009 — 11/2010 National Sales Manager • Designed and implemented a comprehensive sales and marketing strategy for a retail manufacturer of alternative ice products • Successfully led the conversion from a commercial manufacturer to a retail manufacturer • Established a national tier 1 independent broker network resulting in significantly enhanced corporate reach and revenues • Trained brokers and salespeople in sales and marketing best practices, presentation techniques, and product information • Organized national tradeshows to introduce ThermaFreeze to supermarkets, mass merchandisers, and the drug store industry • Devised and successfully executed strategies for product image, branding, packaging, retail displays, and shiSales Manager • Designed and implemented a comprehensive sales and marketing strategy for a retail manufacturer of alternative ice products • Successfully led the conversion from a commercial manufacturer to a retail manufacturer • Established a national tier 1 independent broker network resulting in significantly enhanced corporate reach and revenues • Trained brokers and salespeople in sales and marketing best practices, presentation techniques, and product information • Organized national tradeshows to introduce ThermaFreeze to supermarkets, mass merchandisers, and the drug store industry • Devised and successfully executed strategies for product image, branding, packaging, retail displays, and shisales and marketing strategy for a retail manufacturer of alternative ice products • Successfully led the conversion from a commercial manufacturer to a retail manufacturer • Established a national tier 1 independent broker network resulting in significantly enhanced corporate reach and revenues • Trained brokers and salespeople in sales and marketing best practices, presentation techniques, and product information • Organized national tradeshows to introduce ThermaFreeze to supermarkets, mass merchandisers, and the drug store industry • Devised and successfully executed strategies for product image, branding, packaging, retail displays, and shisales and marketing best practices, presentation techniques, and product information • Organized national tradeshows to introduce ThermaFreeze to supermarkets, mass merchandisers, and the drug store industry • Devised and successfully executed strategies for product image, branding, packaging, retail displays, and shipping

IT Project Manager — Professional Highlights Serve multinational corporations in a variety of technology based strategic planning and administration roles Offer expertise as a consultant, programmer, engineer, business analyst, and database administrator Lead technology projects for NASA, U.S. Customs, American Express, and General Electric Design and implement reporting, customer service, marketing, sales, and financial management software Responsible for network and database design, administration, and security Oversee enterprise - wide hardware and software upgrades resulting in increased efficiency Minimize operational and manpower costs through effective technology solutions Serve as forecast budget analyst for Joint Project Management Operations at Kennedy Space Center Develop reporting application tool using crystal reports engine on CD throughout Kennedy Space Center and Cape Canaveral Air Station resulting in $ 500,000 savings on user licensing fees Create detailed project plan with well - defined tasks, milestones, client sign - offs, test cycles, and specifications which served to communicate project progress to management Develop visual basic application for financial banking Institution using crystal reports to reduce the company's response time resulting in initial reporting from 2 - 3 hours to just 45 seconds Oversee multimillion - dollar software implementation for Miami Air from a consultancy level Upgrade Great Plains software platform and administered security access for Miami internal databases Write over 200 SQL stored procedures from access databases for financial institutions Compose business correspondence and prepared statistical spreadsheet analysis for Kennedy Space Center Recognized by colleagues and superiors for outstanding job performance, reliability, and efficiency Conduct surveys of operations to assess needs and identify high priority improvements Complete major product releases meeting very aggressive schedules and budgets Serve as a member of the International Cyber Threat Task Force Utilize fluencies in English, Portuguese, Arabic, French, and German to communicate with a diverse clientele Continually study emerging technologies and industry best practices Perform all duties with positivity, professionalism, and integrity

Harris Bank Wilmette (Wilmette, IL) 1992 — 2000 Assistant Vice President / Senior Personal Banker • Consistently exceeded sales goals through effective networking, cold calling, and other tactics • Developed working knowledge of all bank products to provide best possible customer service • Worked with multiple company departments to create holistic client portfolios • Oversaw loan applications, client account opening, closings, and modifications • Ensured bank compliance with all industry and legal regulations, policies, and procedures • Trained banking staff at multiple locations in industry best practices and software operaBank Wilmette (Wilmette, IL) 1992 — 2000 Assistant Vice President / Senior Personal Banker • Consistently exceeded sales goals through effective networking, cold calling, and other tactics • Developed working knowledge of all bank products to provide best possible customer service • Worked with multiple company departments to create holistic client portfolios • Oversaw loan applications, client account opening, closings, and modifications • Ensured bank compliance with all industry and legal regulations, policies, and procedures • Trained banking staff at multiple locations in industry best practices and software operabank products to provide best possible customer service • Worked with multiple company departments to create holistic client portfolios • Oversaw loan applications, client account opening, closings, and modifications • Ensured bank compliance with all industry and legal regulations, policies, and procedures • Trained banking staff at multiple locations in industry best practices and software operabank compliance with all industry and legal regulations, policies, and procedures • Trained banking staff at multiple locations in industry best practices and software operation

Professional Experience Harris Bank Evanston (Evanston, IL) 2000 — 2009 Vice President / Branch Manager • Managed all aspects of Evanston branch including daily operations and personnel • Hired, trained, scheduled, and supervised staff of 10 tellers, personal bankers, and support staff • Created and implemented employee review, development, and recognition programs • Designed and executed education programs focused on banking and service best practices • Oversaw teller line, mortgage, consumer loan, and commercial banking departments • Consistently exceeded financial goals through effective sales, marketing, and management • Awarded Harris Bank Outstanding Sales Award for setting company best in product sales • Delivered excellent customer service resulting in client satisfaction and repeat business • Ensured banking compliance with state, federal, and internal regulations • Conducted audits to maintain responsible, profitable, and efficient operasales, marketing, and management • Awarded Harris Bank Outstanding Sales Award for setting company best in product sales • Delivered excellent customer service resulting in client satisfaction and repeat business • Ensured banking compliance with state, federal, and internal regulations • Conducted audits to maintain responsible, profitable, and efficient operaSales Award for setting company best in product sales • Delivered excellent customer service resulting in client satisfaction and repeat business • Ensured banking compliance with state, federal, and internal regulations • Conducted audits to maintain responsible, profitable, and efficient operasales • Delivered excellent customer service resulting in client satisfaction and repeat business • Ensured banking compliance with state, federal, and internal regulations • Conducted audits to maintain responsible, profitable, and efficient operations

Prior to that, he was Managing Director in charge of Citigroup «s Global Real Estate Equity and Structured Finance group where, among other things, he built the bank's global sale - leaseback advisory practice and oversaw the disposition of $ 5 billion of Citigroup's foreclosed real estate assets.

Besides, bank tend to reduce the commission to listing agents who practice dual agency in a short sale.

730 DOS 02 DOS v. New World Realty of New York, Inc. — availing of license; deposits; disclosure of agency relationships; duty to supervise sales associates; failure to pay judgment; proper business practices; DOS has jurisdiction where disciplinary action was started while individual was licensed as an associate broker and was eligible to automatically renew at the time of the disciplinary hearing; salesperson owned voting stock in licensed corporate real estate broker, failed to pay judgment and failed to present evidence of inability to do so, and engaged in unlicensed activity after license expired; representative broker availed corporate real estate brokers license to salesperson; representative broker failed to properly supervise salesperson by permitting and authorizing salesperson to act as a real estate broker; broker and salesperson failed to make agency disclosures and failed to deposit funds of principal in a special bank account; real estate transaction conducted was a fraudulent business practice; DOS fails to prove the unauthorized practice of law; salesperson's license revoked and salesperson ordered to pay refund of $ 1,406.00 of illegal commission collected; representative broker's license revoked and broker ordered to refund $ 74.00 of illegal commission collected; representative broker fined $ 5,000.00