Sentences with phrase «under trust in»

Unlike cash invested or held under trust in a bank account, a bank guarantee will not accrue interest.
«No period of limitation shall apply to an action by a beneficiary under a trust in respect of any fraud or fraudulent breach of trust to which the trustee was a party or privy; or to recover from the trustee trust property or the proceeds of trust property in the possession of the trustee, or previously received by the trustee and converted to his use.»

Not exact matches

Under Paul's leadership, The Northern Trust's economic website was ranked in the top ten «most interesting» by The Wall Street Journal.
Commonwealth Bank of Australia chief executive Ian Narev has admitted the bank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified by Australia's financial transactions regulator don't reflect cultural shortcomings under his watch.
However, the Institute did note that trust in the media among those under 40 does appear to be declining, regardless of ideology.
Under Paul's leadership, The Northern Trust's economic website was ranked in the top ten «most interesting» by
It was in Vietnam that Rooney learned to trust the very young men under his command.
The company, officially acknowledged by the SEC, focuses heavily on quality of investments, returns and trust with their investors, which flies in the face of the worrying statement by Fortune that «now anybody can try being a venture capitalist» under the new rules set by Title III of the JOBS act, allowing anyone to raise up to $ 1 million through crowdfunding.
Under current law, the assets in the Social Security trust fund are invested in Treasury bonds, notes and bills.
Apple's A10 processor in the iPhone 7 marginally beats the Qualcomm Snapdragon 835 chip under the hood in the OnePlus 5 and Galaxy S8 phones, according to benchmarking results from Trusted Reviews.
Self - management keeps you cool in the moment — often with a reminder that even the most stable, trusted facets of your life are not completely under your control.
Teams of superstars under - perform teams with good communication, trust in each other, and constant feedback.»
And nobody asked them what they thought in March when ABCP trusts were transformed into corporations in order to restructure the market under the Companies» Creditors Arrangement Act (CCAA).
Trusted pet product review site Central Park Paws rated this dog bed among its top choices in orthopedic dog beds for 2017, specifically within the «Under $ 50» category.
Hectoring your long - term allies in Europe and East Asia to pony up more money for common defense may, under the best circumstances, shave a small amount off the Pentagon's budget, but at the expense of long - term trust.
The shares now sit in an irrevocable trust for the benefit of Redstone's grandchildren, but still under his control.
Then, Verizon completed a reverse Morris trust reorganization with FairPoint, under which the original Verizon shareholders owned a majority stake in the newly merged company, while FairPoint's original management ran the new company.
He ran the China Banking Regulatory Commission's division overseeing the boom in China's trust products, investments considered part of the estimated $ 6.2 trillion shadow - banking system that Chinese officials have sought to bring under government control.
Capital gains realized by an individual and certain trusts may result in the individual or trust paying alternative minimum tax under the Canadian Tax Act.
A leading ETF provider since 1997, iShares is one of the most respected names in the industry with more than 800 ETFs globally and $ 1.5 trillion in assets under management.1 Clients around the world trust iShares to build the foundations of their portfolios, meet specific investment goals and implement market views.
Scalia tells us that the provision was informed by the law of trusts and the law embodied in, and developed under, the IAA.
This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
Under New York law, which governs the terms of Shkreli's employment, Shkreli was prohibited from acting in any matter inconsistent with his agency or trust, and was bound at all times to exercise the utmost good faith and loyalty in the performance of his duties for Retrophin.
The solid financial global track record of Fiduciary Trust and that of our parent company, Franklin Templeton Investments, includes conservative balance sheet management practices and over $ 742.8 billion in combined assets under management.
After being placed under a federal consent order in 2014 for their anti-money laundering reporting processes, Coral Gables - based Gibraltar Private Bank and Trust announced Wednesday that the order has been lifted.
Under the idea of self - management, employees are trusted to use their common sense in matters ranging from working schedules to travelling expenses.
Rated by our clients as the # 1 global custodian for six consecutive years (Global Custody Survey, Global Investor ISF, 2011 to 2016), RBC I&TS is trusted with CAD 3.8 trillion in client assets under administration as at January 31, 2017.
Jones & Roth offers its clients a unique, in - house Oregon Estate and Trust Services Team that can provide accounting, tax planning, financial planning, investment advice and insurance analysis all under one roof.
The hierarchical preference centre (Trust Centre) permits users to manage communications (in any format) from the organisation, the brand, any products or services, 3rd parties, and personalisation / profiling — something that will become a legal requirement under the GDPR regulations.
Upon the completion of this offering and after giving effect to the planned recapitalization of our common stock into a single class of common stock and stock split, SIH will own shares of our outstanding common stock (representing % of the shares outstanding), our founders and their family trusts will own an aggregate shares of our outstanding common stock (representing % of the shares outstanding) and our employees who received shares upon the liquidation of the special purpose employee ownership vehicle will own shares of our outstanding common stock under a restricted stock award (representing % of the shares outstanding), in each case as it relates to the percentage ownership assuming that the underwriters do not exercise their option to purchase additional shares.
Both amendments are effective and will be applied prospectively by the company on January 1, 2010... Under these accounting standards, the company will record the underlying mortgage loans in these single - family PC trusts and some of its Structured Transactions on its balance sheet.
Wells Fargo Investment Institute serves clients of Wells Fargo Wealth and Investment Management, a division of Wells Fargo comprised of Wells Fargo Private Bank, Wells Fargo Advisors, Wells Fargo Institutional Retirement & Trust, and Abbot Downing businesses, accounting for more than $ 1.8 trillion * in assets under administration.
The bad credit credit card market in Canada is really under - served with many of the big players withdrawing their financial products including Peoples Trust who stopped offering their secured credit card, and Affirm financial who also no longer offer their credit cards for bad credit.
Brookfield plans to create a new real estate investment trust under the ticker «BPR,» which will qualify as a REIT for tax purposes and issue shares in this transaction.
formed by a U.S. Person principally for the purpose of investing in securities not registered under the Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501 (a) under the Act) who are not natural persons, estates or trusts.
On April 12, 2018, the Appeal Court disagreed with the Human Rights Board of Inquiry's decision that denial of coverage for the medical marijuana under his health benefits plan was discriminatory in Canadian Elevator Industry Welfare Trust Fund v. Skinner.
The most popular basket commodities fund, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC), has over $ 7 billion in assets under management — more than three times the assets of the iPath Dow Jones - UBS Commodity Total Return ETN (NYSEArca: DJP) and nearly six times the assets of the iShares S&P GSCI Commodity - Indexed Trust (NYSEArca: GSG).
The U.S. government parties did not pay any losses under the agreement and will keep $ 5.2 billion of $ 7 billion in trust preferred securities as well as warrants for common shares that were issued by Citigroup as consideration for such guarantee.
(B) formed by a U.S. Person principally for the purpose of investing in securities not registered under the Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501 (a) under the Act) who are not natural persons, estates or trusts.
Prior to starting Dorsey Asset, he was Director of Research for Sanibel Captiva Trust, an independent trust company with approximately $ 1 billion in assets under management serving high net worth cliTrust, an independent trust company with approximately $ 1 billion in assets under management serving high net worth clitrust company with approximately $ 1 billion in assets under management serving high net worth clients.
With more than 30 offices spread out around the world, offering its investment services to people in more than 150 countries, savvy and experienced investors might also know that Franklin Templeton Investments is recognized under the names Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust and Darby Overseas.
Its flagship Bitcoin Investment Trust was conceived in 2013 as a way to bring the digital asset class under a traditional investment vehicle.
Under the Trust Agreement, Shareholders have no voting rights except in limited circumstances.
The liability of the Trustee is limited under the Trust Agreement, under which the Trustee is only liable for losses that are the direct result of its own gross negligence, fraud or willful default in the performance of its administrative custodial duties.
In addition, the Trustee will not be liable for any delay in performance or for the non-performance of any of its obligations under the Trust Agreement by reason of causes beyond its reasonable control, including acts of God, war or terrorisIn addition, the Trustee will not be liable for any delay in performance or for the non-performance of any of its obligations under the Trust Agreement by reason of causes beyond its reasonable control, including acts of God, war or terrorisin performance or for the non-performance of any of its obligations under the Trust Agreement by reason of causes beyond its reasonable control, including acts of God, war or terrorism.
The Trustee will use reasonable care in the performance of its custodial duties under the Trust Agreement and will only be responsible for any loss or damage suffered by the Trust as a direct result of any gross negligence, fraud or willful default in the performance of its duties.
Trustee directs, at the Trust's expense and risk, or (4) by transfer to the Trust Expense Account in connection with the payment of expenses not borne by the Sponsor, or other transfers permitted under the Trust Agreement.
Any amounts payable to a Sponsor Indemnified Party under Section -LSB--RSB- of the Trust Agreement may be payable in advance or shall be secured by a lien on the Trust.
If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).
The Sponsor has agreed to assume the following administrative and marketing expenses incurred by the Trust: the Trustee's monthly fee and expenses reimbursable under the Trust Agreement, Exchange listing fees, US Securities and Exchange Commission («SEC») registration fees, printing and mailing costs, audit fees and up to $ [100,000] per annum in legal expenses.
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