Hints and tips:
...Ivanka Trump was a trustee for the girls but stepped down shortly after her father, Donald, was elected US president in 2016....
...Deloitte served as TBW’s independent outside auditor from 2002 until 2008, during which time it signed off on financial statements that were “materially false and misleading”, the DoJ said....
...The verdict comes more than a year after PwC settled a $5.5bn case brought against it by the bankruptcy trustee of TBW, in the biggest accounting negligence lawsuit ever to go to trial....
...There has been plenty of blame to go around for the financial crisis and the scandals it exposed....
...Andrew Hill is the FT’s management editor and a trustee of The Ruskin Foundation...
...Microsoft’s subsequent partnership with T-Systems, made it a “trustee” of its data and enables Microsoft to dodge US government demands to turn any over....
...Mr Nadella told the Financial Times that the German trustee system was an effort to satisfy every possible customer. “Customers need choice,” he said. “They want to adopt cloud technology on their terms...
...Despite the reduction, two of Europe’s largest pension funds, PGGM of the Netherlands and Railpen, the UK’s Railway Pension Trustee Company, protested earlier this year about the company’s “excessive” remuneration...
...A Deutsche Bank subsidiary known as Financial Markets Holding Corp acquired a company that owned the Bristol-Myers stock, which it had purchased from the Gelb family....
...group of big investors including Blackrock and Pimco are suing six different banks including Deutsche Bank and HSBC for their role as trustees of mortgage-backed securities in the lead up to and during the financial...
...(Financial Times)...
...Olympus Corp has been hit with the biggest lawsuit stemming from its two-decade long accounting fraud, when banks joined forces to sue the company for a total of Y28bn ($273m) in damages....
...John Cargill has been hired as head of depositary services for Emea from HSBC where he was head of trustee and fiduciary services....
...The trustee said it should not have been so far out of line with the packages offered to other staff....
...The trustee’s lawyers will argue that they show the opposite....
...In the 2012/13 accounts Mr Jones was awarded a £15,000-£20,000 bonus for performance in the previous financial year....
...(Financial Times) Former MF Global CEO Jon Corzine helped to bring down the brokerage, according to a report by the company’s court-appointed trustee....
...The trustee’s statement has since helped push bids for the claims to the high-90 cents, Mr Gottesman said....
...The most basic processing activities have been outsourced to Asia, but banks have used the UK regions for work including fund trustee management and other jobs requiring more skills....
...James Giddens, trustee for the liquidation of Lehman Brothers, and Tony Lomas, the joint administrator of Lehman Brothers International (Europe), said on Friday they had agreed in principle to resolve the...
...The settlement between BofA and Bank of New York Mellon, the trustee for a group of mortgage bonds, has the support of other key investors including BlackRock and MetLife....
...While BNY Mellon reached a settlement on behalf of investors, US Bancorp sued the bank on behalf of investors in pools of mortgages for which it was trustee....
...One possible change is the establishment of an insurance fund such as the Securities Investor Protection Corp, which guarantees the accounts of stock traders....
...He will join James Giddens, the trustee in charge of MF’s broker-dealer unit, and a handful of regulators as witnesses, says Reuters....
...COMMENTS AND CURIOS - No bonuses for MF Global executives after all, after a U-turn by the bankrupt broker’s liquidation trustee....
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