Sentences with phrase «multibillion dollar bank»

DiNapoli also said the large, multibillion dollar bank settlements that have boosted state coffers for the past few years may be slowing.

Not exact matches

It has imperiled multibillion - dollar deals and could ravage business relationships for years to come, as well as pummel the earnings of countless U.S. businesses, from oil producers to investment banks.

Goldman Sachs is the fifth bank to reach a multibillion - dollar settlement with the Department of Justice in relation to subprime mortgages during the Great Recession.

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.

After JPMorgan recently resisted a settlement with the nation's commodities trading regulator, the people briefed on the matter said, the agency began drafting a lawsuit connected to the bank's multibillion - dollar «London whale» trading loss last year.

Financial regulators on both sides of the Atlantic imposed multibillion - dollar fines on five global banks Wednesday as part of investigations into rigging of key foreign exchange markets.

The company, which produces $ 100 billion in annual revenue, has made multibillion - dollar deals in the United States, Europe and the rest of Asia, amassing big stakes in multinationals like Deutsche Bank and Hilton Hotels.

It also may affect Uber's plan to secure a multibillion - dollar investment from Japanese bank SoftBank.

HONG KONG — Global bank HSBC said Friday it's launching its latest multibillion - dollar share buyback, as it released its first quarterly earnings report under its new chief executive, John Flint.

Judge Rakoff had this to say at the time: «The notion that Bank of America shareholders, having been lied to blatantly in connection with the multibillion - dollar purchase of a huge, nearly bankrupt company, need to lose another $ 33 million of their money in order to «better assess the quality and performance of management» is absurd.»

Cuomo wants to pit seven Upstate regions against one another for $ 1.5 billion in one - time state aid made possible by multibillion - dollar bank settlements.

Facing a multibillion - dollar gap in state finances, Governor Cuomo has turned to one of Albany's favorite piggy banks: the health care industry.

Bill Hammond: «Facing a multibillion - dollar gap in state finances, Governor Cuomo has turned to one of Albany's favorite piggy banks: the health care industry.»

Thanks to a multitude of civil and criminal settlements with banks, New York state has a multibillion - dollar windfall to spend.

While several organizations like the World Bank, European agencies, nonprofit agencies and USAID have commissioned studies, experts yesterday acknowledged that no one has emerged with a systematic approach to understanding local climate change adaptation efforts or using them to inform the work of the multibillion - dollar Green Climate Fund.

OTTAWA — The Bank of Canada says the federal government's multibillion - dollar spending boost has uplifted what would have been a modest downgrade to its economic growth forecast this year.

Your transaction history is an asset in a multibillion dollar per year industry, and as such it is not surprising that banks don't want to give it out for free.

Barclays has faced intense public scrutiny in recent years: from the Serious Fraud Office's investigation into the bank's # 12bn fundraising at the height of the financial crisis, which resulted in criminal charges against the bank and former executives relating to a # 2.3 bn loan Barclays provided to Qatar, a multibillion - dollar legal battle with the US Department of Justice over allegedly - fraudulent mortgages and a New York currency trading probe that ended in a $ 150m settlement.

We act on behalf of investment banks and financial institutions in equity and debt offerings, including high yield debt, and advise financial services companies in multibillion dollar outsourcing transactions.

For example, Roshan Shah, a senior associate in New York, pounced in early October when his BlackBerry beeped, notifying him about a deal between a large international investment bank and a multibillion - dollar hedge fund.