Sentences with phrase «settlements by other banks»

Miller reiterated that GE's newly raised reserve is based on those discussions with the Justice Department, as well as a «review of settlements by other banks.»

Not exact matches

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

This report is the result of a coordinated research effort by the central banks of Canada, Italy, Japan, the United Kingdom and the United States and the Bank for International Settlements on the determinants of market liquidity and on how central banks and other public authorities influence these determinants.

ES funds are held by the banks on deposit with the RBA to meet their settlement obligations to each other and to the RBA.

The surge in Ripple's price over the two years is largely attributable to the adoption of the Ripple blockchain by Japanese banks and increased interest by other global finance institutions as it provides suitable settlements platform that is far more reliable than the current solutions such as SWIFT.

They are also calling for the establishment of a multi-year state aid to local road, bridge and culvert program funded by a portion of the foreign bank settlement funds or from other available sources.

Led in cross-examination by Honeywell's counsel, Chief Wole Olanipekun, SAN, Otudeko affirmed that the Honeywell companies, following an agreement reached with the MD of Ecobank Jibril Aku and other executives of the bank on July 22nd 2013, paid a total sum of N3.5 billion as full and final settlement of Honeywell's obligations to the bank.

Filed Under: Student Loans Tagged With: Student Loan Debt, student loan settlement, Student Loans Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

According to the National Practitioner Data Bank, compiled by the U.S. Department of Health, there were 148,909 settlements, awards, judgments, or other monetary exchanges relating to medical malpractice claims from 2005 - 2015.

Our settlements have netted our clients hundreds of millions of dollars in monetary relief, and changes in practices by banks and other businesses that have real impacts on the day to day lives of our clients.

Garlinghouse told Bloomberg that «it's only a matter of time» before central banks adopt blockchain for interbank settlement, adding that once the technology catches on with one central bank it will soon be adopted by others afraid they will miss out.

Certain other consumer protection requirements were administered by other federal offices and agencies, such as the U.S. Department of Housing and Urban Development published the Real Estate Settlement Procedures Act (RESPA); however, enforcement of the requirements in banks was the responsibility of the federal bank regulators.

-- including a lien on the stock of a cooperative housing corporation (a «co-op»)-- no lender can enforce its due - on - sale clause due to any of the following prevalent circumstances: (1) The creation of a lien (or other encumbrance subordinate to the lender's security instrument) that does not relate to a transfer of rights of occupancy in the property; (2) The creation of a purchase money security interest for household appliances; (3) A transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety; (4) The granting of a leasehold interest of three years or less * not containing an option to purchase (5) A transfer to a relative resulting from the death of a borrower; (6) A transfer where the spouse or children of the borrower would become owners of the property; (7) A transfer resulting from a decree of dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property (8) A transfer of the borrower's property into an inter vivos trust in which the borrower is and remains a beneficiary and which [trust agreement] does not relate to a transfer of rights of occupancy in the property; or (9) Any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.