Sentences with phrase «failed banks assets»

As a result, the government took receivership of the failed banks assets (including foreclosures).

Not exact matches

UniCredit, the biggest Italian bank in assets, also failed the ECB stress tests last July.

There is a push afoot to force banks to hold higher levels of capital against their loans and other assets, in the belief that more capital makes a bank less likely to fail.

If the balance of your accounts exceeds $ 250,000, you might get the uninsured portion of your money when the FDIC sells the failed bank's assets — but it could take years.

If your business fails and is unable to make the loan payments, whatever personal assets posted by the owners as collateral can be seized by the bank, including houses, vehicles, investment accounts, etc..

The bill makes a fivefold increase, to $ 250 billion, in the level of assets at which banks are deemed to pose a potential threat if they failed.

Of course, many people now feel that big banks don't have to worry about bad performance being magnified because under the implicit «too - big - to - fail» guarantee of the government, they won't have to take the losses when asset values decline.

With bank loans you have to be sure to pay back the loan, or face bankruptcy and assets being seized to pay off your debts; with investment angels you may lose some control of your business; and with family and friends there is the stress of using their money in a business that can potentially fail.

Loose monetary policy, including so - called quantitative easing through which central banks create new money to buy financial assets in the secondary market, has failed to spark a recovery because the world is awash in debt.

This means that if the business owner fails to make a payment or goes into default, the bank can seize collateral such as business property, equipment, cash savings and deposits, and even personal assets.

The German bank's IPO of asset management arm DWS has failed to create value.

They were also accused of failing to appropriately disclose their foreign work and foreign assets, and of committing tax, financial, and bank fraud crimes, some of which took place as recently as last year.

A Reuters story reported that the FDIC is planning to sell $ 1.8 billion of guaranteed ABS, the residential mortgage assets of failed banks seized by the FDIC.

Three others could also boost income: counting municipal bonds as liquid, or easy - to - sell, assets; requiring less debt that won't have to be paid back if a bank fails; and making it easier to comply with post-crisis rules.»

AMCON had alleged that the assets were being seized after the company has failed to refund the sum of 11 billion Naira loan owed to Union Bank and acquired by the corporation.

The prosecution had alleged, among other asset declaration breaches, that the Senate President while being a public officer, operated bank accounts outside Nigeria, and failed to declare the foreign accounts to the Code of Conduct Bureau while being governor and a senator during the period.

Liberia's central bank confirmed Thursday it has appointed the son of President Ellen Johnson Sirleaf as interim governor despite his previous suspension from the institution for failing to properly declare his assets.

The Green Party also called for seizing the assets of the «too big to fail» banks, breaking them up, and turning them into state and community owned banks oriented towards developing the economy for the public good.

For the most part, they've already lined up another bank that is willing to buy the failed bank's business minus their problem loans and troubled assets.

Real creditors (i.e. a bank or finance company) have legal contracts with the borrower granting the lender the right to claim any of the debtor's real assets (e.g. real estate or car) if he or she fails to pay back the loan.

There is no physical asset a bank can seize in case you fail to pay, unlike a mortgage or a car loan.

Bankers would introduce excess bank money, then deliberately cut it back on it one day, watch prices plummet as businesses failed, then buy distressed assets cheaply.

Represented financial institution in litigation regarding alleged fraud in the sale of assets of failed bank.

Represented financial institution that acquired assets of failed bank in litigation regarding alleged fraud in the sale of bank assets.

For 15 years, Scott has defended the Federal Deposit Insurance Corporation (FDIC) in litigation arising out of several failed banks — including Washington Mutual Bank and IndyMac Bank — involving their asset - backed securitization businesses, alleged tax liabilities and deposit insurance limitations.

Earlier this year we wrote about a recent case in which a bank failed to act reasonably when withholding its consent to the release of a secured asset.

Those who want to buy the assets of a failed bank need to get to the altar fast to clinch their union...