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...The former US president’s team have spent “countless hours negotiating with one of the largest insurance companies in the world”, the lawyers wrote in a filing, citing a broker they hired, but have concluded...
...The move entails the use of reciprocal deposits, which funnel a portion of customer cash to other lenders, keeping the total amount in each account less than the Federal Deposit Insurance Corporation’s $250,000...
...Funders invest in a portfolio of cases and might cover the costs of lawyers and expert evidence, and arrange insurance products....
...Porticoes Capital will seek to take over banks closed by the Federal Deposit Insurance Corporation, the US regulator, according to an official filing....
...Standard Chartered Bank Sun Alliance & London Insurance (RSA Insurance) Tesco Unilever Whitbread & Co....
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, was grilled by lawmakers on Tuesday after a report in The Wall Street Journal detailed more than a decade of what it described as abusive...
...“All rights reserved,” warns every book’s title page. But whose, and why?...
...While the Fed, the OCC and Federal Deposit Insurance Corporation have the authority to block deals under banking laws, the US Department of Justice may challenge bank mergers citing antitrust statutes....
...The defectors even recruited one of Barings’ in-house lawyers who was acting to protect the firm against their misconduct, the lawsuit alleges....
...become corporate lawyers care much about merger subsidiary structures....
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...A trained lawyer whose name still sits atop Los Angeles law firm Munger, Tolles & Olson, he met Buffett in 1959....
...The trial will determine further damages and the matter of whether the defendants were also liable for issuing false financial statements and insurance fraud....
...The Development Finance Corporation (DFC) could support resilient global supply chains while supporting economic development....
...One of Watchman’s final projects was a leadership role at the non-profit Lawyers for Net Zero, which focuses on helping in-house lawyers steer companies towards sustainable long-term strategies....
...SVB Financial Group has sued the US Federal Deposit Insurance Corporation in a bid to recover $1.9bn in cash that the regulator has kept since it took over the group’s banking subsidiary in March....
...The host’s title, president of the Russian Academy of Arts, seemed to make him a natural acquaintance for a collector such as Black. But it was misleading....
...Japanese buyers looking to do deals in the US have an advantage, said one Tokyo-based lawyer....
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...“This decision has implications for how corporations think about their DEI programmes, their commitments to affirmative action and the like,” he said....
...Deposit insurance had killed the retail run — but was no match for the growth of institutional cash pools ahead of the Global Financial Crisis (GFC)....
...This summer, Dylan, a 22-year-old trainee lawyer from the Jersey Shore, decided to come clean to his family and friends about a shameful secret: he had borrowed and gambled $50,000 in just over a year....
...Insurance head Gilles Dellaert will lead the combined unit while credit boss Dwight Scott will become chair....
...Without it, the payments group can’t offer a full suite of lending services nor offer customers the security of the UK’s deposit insurance scheme....
...Earnings from the spread income it gets from managing insurance assets hit a new record in the second quarter....
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