Sentences with phrase «financial settlement with»

Through raising premiums and a financial settlement with mortgage lenders, FHA was able to avoid needing taxpayer dollars to keep the fund solvent.
When you get divorced you must agree a fair financial settlement with your spouse.
«I approached MB to take over representing me over my divorce settlement when I became concerned that I would not achieve a fair and reasonable financial settlement with my previous solicitors.
Regulators have already reached an expensive financial settlement with VW over its smaller 2.0 - liter diesels with defeat devices.
Kearns wants to know if there has been a secret financial settlement with the girl or with her family.
Packer could also be making further financial settlements with his sister Gretel, who struck a deal in early 2016 with him to gain control of some of the family assets, and is now a member of the rich list in her own right.
Megna writes in the letter that because of the one - shot nature of the cash infusion (the state is receiving the money from financial settlements with major banks), the spending can't be used for recurring expenses.
«Today marks another in a long series of financial settlements with big banks that, through their actions, contributed to the economic crisis in 2008.
The monday would come from $ 5 billion the state has received from financial settlements with banks and insurers.
Syracuse state Sen. John DeFrancisco, chairman of the Senate Finance Committee says there will be many special interests trying to get at the state's extra cash, which came from the negotiated financial settlements with banks.
Silver's staff failed to refer the allegations to the ethics committee, and approved secret financial settlements with two of the women Lopez allegedly harassed, according to reports.
Opting not to undertake expensive and time which would cost millions of dollars, many of these cash financial settlements with patent trolls sacrificing scarce resources that should have to providing needed public transportation to move people to their jobs, school to providing needed public transportation to move people to their jobs, schools, and places of worship.»

Not exact matches

It is an emerging area of intense interest for banks and other financial companies as well as technology developers, with potential uses in a range of financial transactions including securities settlement and payments.
In 2013, J.P. Morgan & Co. had just been ordered to pay a multibillion - dollar settlement stemming from the financial crisis, and it was seeking to reconnect with consumers via a Twitter Q&A.
But while BofA's net income rose in 2015, nearly all of that increase can be attributed to the fact that, unlike in 2014, BofA didn't have to pay a nearly $ 17 billion settlement with the government for financial crisis - related activities.
The French bank Societe Generale hopes to reach settlements with authorities over recent regulatory investigations in the next weeks or months, its chief financial officer told CNBC Tuesday.
Since the announcement of the settlement, Wells Fargo not only has had to deal with the financial fallout, but also with a public relations disaster.
Blankfein served in Goldman's top spot for more than 12 years and his tenure features both the 2008 financial crisis (and multimillion - dollar settlements with the government over allegations that Goldman had lied to investors) as well as all - time highs for its stock price.
Even if they get caught, financial cheats are often penalized by securities commissions with nothing more than a no - contest settlement.
JPMorgan Chase, seeking to avert a wave of litigation from the government, is negotiating a multibillion - dollar settlement with state and federal agencies over the bank's sale of troubled mortgage securities to investors in the run - up to the financial crisis.
The settlements over the trading loss in London — reached with the Securities and Exchange Commission, the Office of the Comptroller of the Currency, the Federal Reserve and the Financial Conduct Authority in London — laid bare a pattern of «deficiencies» in JPMorgan's oversight.
One man's financial newsletter is another man's «independent research,» which is what New York State Attorney General Eliot Spitzer was pretty passionate about in 2002, when he negotiated the research settlement with the banks.
If, for example, you received an inheritance, won the lottery, or were granted a big raise at work, it'll be harder to prove the financial hardship necessary to seek out a debt settlement to begin with.
Factors that could cause or contribute to actual results differing from our forward - looking statements include risks relating to: failure of DBRS to rate the Notes at the anticipated ratings levels, which is a closing condition, or at all; changes in the financial markets, including changes in credit markets, interest rates, securitization markets generally and our proposed securitization in particular; the willingness of investors to buy the Notes; adverse developments regarding OnDeck, its business or the online or broader marketplace lending industry generally, any of which could impact what credit ratings, if any, are issued with respect to the Notes; the extended settlement cycle for the scheduled closing on April 17, 2018, which may exacerbate the foregoing risks; and other risks, including those described in our Annual Report on Form 10 - K for the year ended December 31, 2017 and in other documents that we file with the Securities and Exchange Commission from time to time which are or will be available on the Commission's website at www.sec.gov.
Also on Wednesday, Starbucks announced that it had reached an agreement with Nelson and Robinson that will include an undisclosed financial settlement «as well as continued listening and dialogue between the parties and specific action and opportunity.»
Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymenFinancial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymeSettlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymenfinancial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymesettlement time and lower the cost of completing global payments for...
NEW YORK (Reuters)- JPMorgan Chase & Co (JPM.N) has tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms, they said on Friday, seeking to streamline origination, settlement, interest rate payments and other processes.
NEW YORK JPMorgan Chase & Co has tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms, they said on Friday, seeking to streamline origination, settlement, interest rate payments and other processes.
That's one outcome outlined by a new report published by the Bank of International Settlement (BIS) focusing on the impact of distributed financial technology, a follow up to the BIS's last report, which looked into issues with the correspondent banking system.
Variety reports that Weinstein is leaving against his will, and with no financial settlement.
«When there's success at one of the large financial services firms or large plan sponsors, the plaintiffs» bar will utilize that settlement or judgment to obtain a very rapid resolution with others,» says Hamburger.
Ms. Clifford has not shown up at competitions since news broke in January that she accepted a financial settlement in October 2016 — weeks before the election — agreeing to keep quiet about her alleged intimate relationship with Mr. Trump.
The hearings will tell whether Bank of America can extinguish legal liability for more than a million Countrywide Financial loans by paying $ 8.5 billion in cash and agreeing to loan servicing improvements in a settlement struck with 22 investors in 2011.
on a pro forma basis, giving effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion of all of our outstanding shares of convertible preferred stock other than Series FP preferred stock into shares of Class B common stock and the conversion of Series FP preferred stock into shares of Class C common stock in connection with our initial public offering, (ii) stock - based compensation expense of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service - based vesting condition was satisfied as of December 31, 2016 and which we will recognize on the effectiveness of our registration statement in connection with this offering, as further described in Note 1 to our consolidated financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital of $ 187.2 million in connection with the withholding tax obligations, based on $ 16.33 per share, which is the fair value of our common stock as of December 31, 2016, as we intend to issue shares of Class A common stock and Class B common stock on a net basis to satisfy the associated withholding tax obligations, (iv) the net issuance of 7.6 million shares of Class A common stock and 5.5 million shares of Class B common stock that will vest and be issued from the settlement of such RSUs, (v) the issuance of the CEO award, as described below, and (vi) the filing and effectiveness of our amended and restated certificate of incorporation which will be in effect on the completion of this offering.
Last week, the E.U.'s chief negotiator, Michel Barnier, gave 10 Downing Street a two - week deadline to provide clarity on withdrawal issues, including its financial settlement as it leaves the E.U. Barnier also said that contingency plans exist should the Brexit talks with the E.U. collapse.
The actual amount transferred may differ from the agreed - upon dollar amount of the transaction as a result of: the allowable delivery variance of + / - 0.01 %, in accordance with the Securities Industry and Financial Markets Association's Good Delivery Guidelines for To - Be-Announced (TBA) trading of agency MBS; periodic net settlement of purchases and sales; principal paydowns; and accrued interest.
Second, seek legislation requiring that if a federally insured financial institution is required to pay fines to or settlements with any regulatory agency aggregating more than $ 2.5 billion in any two year period based on conduct that, if established, would constitute a crime under any law, then the CEO, President, and all Board members must step down, disgorge all of the bank's stock they own, and they are disqualified from holding any office at any federally - insured institution for the rest of their lives.
Cyber enemies could use a range of new battlefield tactics to try to cripple financial markets, from destroying the course of banking and trade settlement transactions to using poison pill algorithms to flood markets with bad data and fake trades in order to drive trading volatility and market collapse.
In a settlement agreement dated April 18, the Financial Industry Regulatory Authority (FINRA) suspended Tezos co-founder Arthur Breitman from associating with broker - dealers for two years and assessed him a $ 20,000 fine.
Six of the world's premier lenders — Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG (Mitsubishi UFJ Financial Group) and State Street — have recently joined a project led by Swiss banking giant UBS — in addition to existing members Deutsche Bank, Banco Santander, Bank of New York Mellon and NEX — with the goal of creating the utility settlement coin, a digital currency that will primarily be used to quickly clear and settle financial transactions using blFinancial Group) and State Street — have recently joined a project led by Swiss banking giant UBS — in addition to existing members Deutsche Bank, Banco Santander, Bank of New York Mellon and NEX — with the goal of creating the utility settlement coin, a digital currency that will primarily be used to quickly clear and settle financial transactions using blfinancial transactions using blockchain.
By December 2017, the UK has completed the first phase of Brexit negotiations with the EU, covering issues such as the Irish border, citizens» rights and financial settlements.
This method involves a cash settlement with your financial institution.
The bank reached a $ 190 million settlement with the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and a Los Angeles prosecutor in September 2016 over employees opening phony accounts in customers» names without their permission to artificially hit internal targets.
PHH Mortgage Corporation in securing a favorable settlement with the New York Department of Financial Services relating to its mortgage origination and servicing practices.
Divorced parents can use life insurance to secure the financial future of their child as part of a divorce settlement with child support.
Also on Wednesday, Starbucks said it had reached an agreement with Mr. Nelson and Mr. Robinson that «includes a confidential financial settlement
When Bitcoins are exchanged in settlement of redemption, it is considered a sale of Bitcoins for financial statement purposes, with a gain or loss recognized currently.
DivorceMag.com is internet's leading resources for people considering or dealing with divorce issues such as divorce law, child custody, financial settlement.
New York City's finances are being responsibly managed despite the large cost of negotiating labor settlements with city workers, according to members of the state Financial Control Board.
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