Sentences with phrase «requires private financial institutions»

Not exact matches

«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of market - rigging.

Each financial institution will have its own specific requirements in order to consider an applicant for a private student loan, but most will require that you are enrolled in a degree - seeking program at an accredited private or public higher - education institution.

The proposed legislation makes private student loan rehabilitation terms consistent with federal student loans and requires financial institutions to automatically seek correction of a borrower's credit history once a successful rehab has been completed.

However, thousands of lending institutions across the world require their potential borrowers to fax unnecessary private financial information.

Assessment of litigation risk requires special expertise that Harbour can provide to corporations, financial institutions and private equity managers with a portfolio of litigation.