Hints and tips:
...Barclays was hit with a penalty by regulators in September for accidentally selling $17.7bn of structured financial products for which it did not have authorisation....
...Banks and settlement houses are making fresh efforts to digitise their inefficient paper-based practices as rising costs, regulation and encroaching new technologies put pressure on creaky systems....
...The shareholder lawsuit filed in New York state court was structured as a so-called derivative claim, in which investors sued the Renren directors for breach of fiduciary duty on behalf of the company....
...As chief legal and corporate affairs officer since 2019, Blood has radically changed how the legal team is structured....
...“When we built the derivative businesses years ago, that was blocking and tackling, building infrastructure, designing instant settlement and accounting,” he said....
...The deal was structured and led by Amanda Staveley, the British financier who has experience working with Middle Eastern investors and football executives....
...The bout of uncertainty has sparked more scrutiny of the leveraged loan market, with organisations such as the Federal Reserve, IMF and the Bank for International Settlements all sounding the alarm about...
...NALH mainly wrote long-term healthcare insurance for the elderly, along with structured litigation settlement annuities....
...Gladden most recently worked as the CFO at Mondelēz International and formerly in the same role at Dell Inc....
...The first “pure” volatility derivative appears to have been a deal structured by a UBS banker called Michael Weber in 1993....
...The banks behind J Coin estimate that the system could add an extra ¥10bn to Japan’s economy by reducing the costs of handling cash and cutting settlement fees for retailers and consumers....
...Ofcom also heard claims that financial misconduct may have resulted from the way in which settlements with complainants were structured, as well as allegations of email hacking....
...In a statement, Equidate said that the settlement pertained only to certain early transactions conducted between 2014-2015, and not the type of transactions currently occurring on its site, which are structured...
...AIG, which has reserved $21bn for structured settlements, was expected to provide further details about its longevity charge on a call with Wall Street on Thursday....
...The shortfall was caused by rising costs on “structured settlements”, which provide payments to accident victims to meet medical expenses and living costs....
...If the plan is approved as currently structured, the private equity firms and their partners would also be released from all liability claims....
...Apollo and TPG had structured the Caesars empire such that their economic interest was held at the parent CEC....
...“When all is said and done, the industry needs to be structured for customers, not just shareholders,” says Rob Boardman, chief executive of ITG Europe, an agency broker....
...Google thought the settlement would dampen the criticism....
...Endured noisy protests by thousands of savers who lost money in complex structured products linked to Lehman Brothers and then brokered a solution....
...It paid $77m in that settlement....
...The DoJ has reached settlements totalling more than $20bn with JPMorgan and Citi. It is negotiating a potential settlement with BofA that could be as much as $17bn....
...Some have moved into risk and balance sheet management for OTC markets via clearing and settlement services. For others, it remains a race to buy unique assets....
...The ACFTU is deliberately structured as a top-down organisation that obeys the party and discourages the formation of horizontal linkages between union chapters....
...For instance, in 2006 the agency struck a $3.4bn settlement with UK based GlaxoSmithKline to resolve a long running transfer pricing dispute....
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