Sentences with phrase «financial subsidiaries»

«Through their underwriting and origination of tens of thousands of government - insured loans to unqualified borrowers, Countrywide Financial subsidiaries systematically abused the Federal Housing Administration and became some of the main players in this country's financial crisis,» said U.S. Attorney Loretta Lynch.

The advantage could shift to a few megabanks and the thousands of operating and financial subsidiaries they own, say critics of the actions, including the NATIONAL ASSOCIATION OF REALTORS ®.

The banks in real estate proposal from the Fed and Treasury would allow bank financial subsidiaries to own real estate brokerages while benefiting from a lower cost of capital and other federally subsidized financial advantages.

Clients include banks and their special finance and merchant banking affiliates, insurance companies, financial subsidiaries of major industrial corporations, and other financial intermediaries.

Here's the main idea: Allow financial holding companies to own all manner of financial subsidiaries, but disallow:

And maybe, mimic the guarantee funds of the insurance industry, and let the financial subsidiaries self - fund the losses of their fallen competitors.

As for structural changes, though, limitations on financial subsidiaries mean Hyundai is less likely to alter course.

I read your latest blog entry with interest because I have worked in the derivatives business and as a part of that helped to set up General Re's financial subsidiary in 19XX — General Re Financial Products (GRFP).

The article also discusses misleading advertising about the comparison of private student loans with federal loans and about allegedly inadequate disclosures concerning eStudentLoan.com, a Goal Financial subsidiary.

Representation of the financial subsidiary of a major manufacturing corporation in numerous financings of commercial aircraft with an aggregate value of over $ 1 billion

In addition to life insurance protection, the Conseco / CNO Financial subsidiary companies also offer additional financial and insurance related products.

NEW JERSEY — iStar Financial subsidiary, Asbury Partners, the master developer of the Asbury Park waterfront, has entered into an agreement with retail developer Madison Marquette, which will accelerate the...

Not exact matches

the Company's share repurchase plans depend on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan, capital requirements of the Company's operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.

Mondelēz International, Inc. and Subsidiaries Reconciliation of GAAP and Non-GAAP Financial Measures (Unaudited)

In addition, its life and health subsidiary, Desjardins Financial Security and other units will allocate $ 250 million for the State Farm Canada life insurance, mutual fund, lending and living benefits operations.

Orr's influence has grown in recent years: He's now chairman at the majority of Power Financial's subsidiaries.

The gains followed news that Tokyo - based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a «consortium» with some Japanese credit card companies to utilize blockchain technology, according to an online translation of a release.

Profits at Hartford Financial Services Group (HIG) were boosted thanks to the sale of its Japanese annuity subsidiary, Hartford Life Insurance K.K. for $ 963 million.

Cowen Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative asset management, investment banking, research, sales and trading, prime brokerage, global clearing and commission management services through its two business segments: Cowen Investment Management and its affiliates make up the Company's alternative investment segment, while Cowen and Company, a member of FINRA and SIPC, and its affiliates make up the Company's investment bank segment.

There are clear financial incentives for each of them to leverage its massive network to drive more people toward the content its subsidiaries create or distribute.

Last August, OdysseyRe, a wholly owned U.S. subsidiary of Canada's Fairfax Financial Holdings Ltd., donated US$ 1 million to a political action committee backing Mitt Romney.

Financial terms of the deal done by Great - West's subsidiary Irish Life Group Ltd. were not immediately available.

Its forensic accountants determined that Silvercorp's financial statements were substantially correct, though some numbers from Chinese subsidiaries were not available.

Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast - growing ride services company directly into the financial services sector for the first time.

It created a subsidiary, LearnVest Planning Services, to house its financial planning services.

But companies like HSBC Bank Canada, the Canadian subsidiary of the international financial giant, believes flex programs are a necessity.

AND SUBSIDIARIES Non-GAAP Financial Measures (Unaudited)

AND SUBSIDIARIES Non-GAAP Financial Measures Reconciliation of Adjusted EBITDA to Net Income (Unaudited)

AND SUBSIDIARIES Non-GAAP Financial Measures Organic Growth in Revenue and Adjusted EBITDA Three Months Ended March 31, 2018 (Unaudited)

The company's Canadian subsidiary was sold to Manulife Financial earlier this month for $ 4 billion.

My conversation with Ruth Porat, chief financial officer of Alphabet and its money - gushing subsidiary Google, begins, as chats so often do, at the company's Mountain View, Calif., «Googleplex» headquarters, with food.

The Financial Times reports that $ 20 billion in dollar - denominated bonds issued by HNA and its subsidiaries are due to mature in 2018 or 2019; yields on three of those bonds have spiked, doubling this month to more than 18 %.

He added a news and media subsidiary to his company in 1990, but even today the bulk of Bloomberg LP's $ 9 billion in revenues still comes from the sale of terminals that Wall Street traders rely on for the most up - to - date financial and market information.

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action against Equifax, Inc., TransUnion, and their subsidiaries for deceiving consumers about the usefulness and actual cost of credit scores they sold to consumers.

Meanwhile, the FDIC on Nov. 19 issued a financial institution letter for banks it supervises saying that activities operated by a state - chartered bank's LLC subsidiary do not require formal FDIC approval as long as the activity is permissible for a national bank.

For the individual serving as the chief executive officer of the Company at the end of the taxable year and for the individuals serving as officers of the Company or a subsidiary at the end of such year who are among the three highest compensated officers (other than the chief executive officer and chief financial officer) for proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.»

Northbridge Financial Corporation is a wholly - owned subsidiary of Fairfax.

In late April, a subsidiary company, Grocon Constructors, lodged its 2017 financial year accounts with a $ 77.1 million loss after booking a $ 76.6 million impairment for a related party loan.

San Francisco - based startup Ripple rose 20 percent Wednesday (Dec. 27) to an all - time high after news that Tokyo - based financial services company SBI Holdings and its subsidiary SBI Ripple Asia have established a «consortium» with some Japanese credit card companies to utilize blockchain technology.

Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

That is the job of Frozen Treats of America, LLC, a 100 % owned subsidiary with its own employees, managers, financial statements, contracts, bank loans, etc..

Malaysia's Felda Global Ventures Holdings, the world's third largest plantation operator, said on June 6 that it had suspended its chief executive and chief financial officer pending the investigation of «certain transactions» at one of its subsidiaries.

Jackson, the nation's largest seller of variable annuities, is a subsidiary of the London - based global financial services company Prudential Plc., and reports earnings under International Financial Reporting Standards,financial services company Prudential Plc., and reports earnings under International Financial Reporting Standards,Financial Reporting Standards, or IFRS.

Dr. Cooper served as Chief Economist and Executive Vice-President of BMO Financial Group and its subsidiaries for 30 years.

Note 3: Controlled subsidiaries refers to companies in which Guangxi has a majority stake; joint ventures refers to companies in which Guangxi Nonferrous» equity holding is between 20 % and 50 %; chart does not include companies in which Guangxi Nonferrous merely has a financial investment.

Augmentum Capital is a long term investor in financial technology businesses and is a subsidiary of RIT Capital Partners plc, which is listed on the London Stock Exchange.

XCS, XEG, XEI, XFN, XIC, XIT, XIU, XMA, XMD, XRE, XST, XUT, XVX, XLA, XBM, XGD, XHC, XSP, and XPF are permitted to use the S&P marks, and, as applicable, the TSX marks, pursuant to a license agreement between Standard & Poor's Financial Services LLC, a subsidiary of The McGraw - Hill Companies, Inc., and BlackRock Institutional Trust Company, N.A., an affiliate of BlackRock Asset Management Canada Limited, which has sublicensed the use of those trademarks to BlackRock Asset Management Canada Limited, which has further sublicensed their use to the applicable funds.

The Carlyle Group L.P. will consolidate the financial results of Carlyle Holdings and its consolidated subsidiaries, and the ownership interest of the limited partners of Carlyle Holdings will be reflected as a non-controlling interest in The Carlyle Group L.P.'s consolidated financial statements.

Financial problems with General Electric's run - off insurance block will not effect Genworth Financial's long - term care insurance (LTCi) policies that were reinsured to a GE subsidiary, execs say.

As announced March 22, 2018, Shorcan Digital Currency Network (DCN), a subsidiary of TMX Group, has entered into an agreement with Paycase Financial to launch and manage a public cryptocurrency brokerage service.