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Showing 11 - 20 of 23 results for "Comptroller"

Volcker Rule dramatics continue

ALEX DUNNIN  |  WEDNESDAY, 23 NOV 2011
... equity and places heavy limits on the extent to which banks can trade on their own account. While the US Office of the Comptroller of the Currency estimates these restrictions will cost banks about $1 billion in foregone profits and extra regulatory ...

Volcker Rule could slash Wall Street incomes 25%

ALEX DUNNIN  |  THURSDAY, 13 OCT 2011
... Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency and the Securities and Exchange Commission, the most vulnerable firms will be fixed income trading houses because ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
... the Federal Reserve System Federal Deposit Insurance Corporation National Credit Union Administration Office of the Comptroller of the Currency For immediate release August 5, 2011 Agencies Issue Guidance on Federal Debt Earlier today, Standard & Poor's ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
... Pension Fund is suing British Petroleum over losses from the oil spill disaster. In a press statement, New York state comptroller Thomas P. DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein Sellers & Toll to represent the ...

DiNapoli slams raid rumours

MEDIA RELEASE  |  THURSDAY, 17 JUN 2010
New York's State Comptroller, Thomas P. DiNapoli, has issued a statement condemning press reports that he will allow New York's $150 billion-plus pension fund to balance the state budget. "There have been a number of outrageous and unfounded rumors ...

US pension funds boost mortgages

RUTH LIEW  |  MONDAY, 10 MAY 2010
... Mae mortgages in New York to help stabilise mortgage lending in the state. According to a press statement by state comptroller Thomas DiNapoli, the $564 million was invested in mortgages to help "foster stability in New York mortgage lending." "This ...

Wall Street's $22bn bitter pill

COMPANY RELEASE  |  FRIDAY, 26 FEB 2010
... over $22 billion last year bringing the payments back to pre-2005 levels, according to estimates from the US state's comptroller. Thomas DiNapoli, state comptroller at the office of New York State, annually releases its bonus estimates of securities ...

PE firm pays NY fund $20m in compensation

MEDIA RELEASE  |  FRIDAY, 11 DEC 2009
... Leuschen made an "investment" of $100,000 in Chooch, a film produced by the brother of then Chief Investment Officer to Comptroller Hevesi, David Loglisci. Carlyle was unaware of that investment and the investment was not disclosed to the CRF. Riverstone ...

BNY Mellon apologises for pension mistake

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
... incurred as a result of the error. The firm also apologised to The United Federation of Teachers and the Office of the Comptroller of New York City for the mistake. "BNY Mellon fully appreciates the importance of reliable, accurate service in connection ...

NY fund invests $200m in climate change

COMPANY RELEASE  |  TUESDAY, 25 AUG 2009
... in the FTSE Environmental Technology 50 and HSBC Global Climate Change Index. Thomas DiNapoli, the New York State Comptroller, invested the funds in line with the fund's Green Strategic Investment Program. The program was developed last year to increase ...