Hints and tips:
...Apex Corporate Trustees, the trustee for the ETP, whose duties include overseeing the fund’s activities and protecting the rights of the investors, said it was “unable to comment on client matters”....
...XPS and Barnett Waddingham, which advise hundreds of trustee clients investing in pension schemes using such funds, were among the consultants to review LDI managers after the crisis, which is now the subject...
...“What we had seen, which was disconcerting for trustees, is that they can’t buy or sell,” said David Fogarty, a professional trustee with Dalriada, a trustee firm....
...“No counterparty wants to be on the wrong side of these trades and 2008 remains in many minds,” said Mark Clews, an accredited professional trustee with Dalriada, a trustee firm....
...energy division, where its largest electric utility is wrestling with legal proceedings over its alleged role in forest fires that burnt hundreds of thousands of acres and led to deaths in the US Pacific Northwest...
...Life insurers are (generally) integrated risk management businesses unencumbered by a trustee structure like pensions. Trustees are not famed for their financial sophistication....
...A bankruptcy trustee alleges in court documents that Petters’ bank “was complicit” in the scheme and “turned a blind eye” to “red flag behaviour”....
...The value of underwritten bonds include bonds for which the bank has acted as a trustee....
...Credit Suisse made the decision on the advice of the trustee of the funds, Citigroup....
...Until late 2019, the purported €1.9bn was believed to have been held in accounts at OCBC, the second-largest bank in Singapore, with a local company, Citadelle Corporate Services, apparently acting as trustee...
...The US trustee added in a separate filing that “[t]he harm that resulted from Kamensky’s abuse of the bankruptcy system cannot be overstated”....
...The trustee charged with trying to recover money for the victims sprayed the financial world with legal claims against those who profited from their Madoff association....
...Mr Kamensky would later tell the US trustee overseeing the bankruptcy proceedings that he had “made a grave mistake”....
...“DO NOT SEND IN A BID,” Mr Kamensky told an unnamed Jefferies executive via a Bloomberg instant message, according to the trustee’s report....
...The trustee’s report was ordered after the allegations came to light at the beginning of this month....
...services provider....
...The US technology giant also proposed a monitoring trustee that will be approved by Brussels to make sure that Google remains compliant with these terms, according to these people....
...itself (BBG) Alibaba beats revenue expectations despite looming threat (FT + Lex) Kuwait’s state oil company picks adviser to merge units (BBG) MBK Partners leads group in talks to take HK-listed Car Inc...
...In particular, the groups criticised what they saw as a move to monopolise the wearable technology sector, as well as Google’s proposed method of self-regulation, which involves appointing a monitoring trustee...
...“The past year has shown people they can do their jobs just as well from here as from anywhere else,” concludes Elizabeth Hanley, president of Windsor Real Estate Inc....
...The group sent a letter calling on MoMA to demand BlackRock divests from the private prison operators or for Mr Fink to step down as a trustee....
...Tuesday is among the largest made by a bankruptcy professional accused of failing to comply with disclosure rules, according to the justice department, and adds to the mounting scrutiny of the professional services...
...Nordstrom expanded beyond the Pacific Northwest to become one of the country’s largest upmarket retailers, and remained under family leadership until the 1990s....
...Deloitte reached confidential settlements with the trustee in 2013 to settle three lawsuits....
...At the shareholder meeting, Sister Judy Byron, director of the Northwest Coalition for Responsible Investment and consultant for the Adrian Dominican Sisters’ Portfolio Advisory Board, said: “We are all...
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