On 6th May, 2016 he lied that Government had diverted US$ 250 million out of the Eurobond issue of 2015 into a private account
operated by a private bank.
Not exact matches
Most London gold is stored in the
Bank of England, with the rest in
private vaults, including those
operated by HSBC and JPMorgan, both profiled previously (here and here).
Banks operating in Canada are under strict rules
by the government and this causes people to seek loans from
private lenders.
Farmida has acted on many high profile transactions, including for Lloyds
Bank in a Supreme Court case confirming it had the right to redeem # 3.3 billion of enhanced capital notes, issued at the height of the
banking crisis; for the Government of Pakistan on its issuance of more than US$ 7 billion of bonds and sukuk in the past four years; for Goldman Sachs on its debut US$ 500million sukuk, the first
by a US financial institution; and for the International Committee of the Red Cross on the world's first «Humanitarian Impact Bond», an initiative that drew investment from the
private sector to design, build and
operate rehabilitation centres in Africa.
Onorato arrived with considerable in - house and
private practice expertise in the field of
banking litigation and is seen
by many as a natural successor to lead the
bank's legal operations at a time when financial institutions are
operating under increased legal risk and regulatory scrutiny.
Bankchain, a new high profile project still held under wraps
by itBit, will be a closed, «permissioned blockchain» owned and
operated by banks and financial institutions — in other words, a
private blockchain without bitcoin and anonymous miners.
With traditional
bank accounts, the balance is maintained
by a «
private ledger» which is usually a computer that is owned and
operated by the customers
bank.
The Wall Street
bank committed $ 250 million in money collected from
private - wealth clients to Cadre, which
operates via an internet platform, according to a statement Wednesday
by the tech firm.