FDIC rule extends clawback authority
It can recover pay from top execs of failed financial firms.
Source: Minneapolis-St. Paul Star Tribune
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Eight banks fail the European Banking Authority Stress Tests
Eight banks fail the European Banking Authority Stress Tests
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Port Authority intends to issue bonds for Wickliffe Town Center Project (with video)
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Emirates NBD extends banking services
Emirates NBD extends banking services
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Schools have less authority under state budget, bill
OROVILLE — A hastily delivered and approved education bill and the new state budget contain details that not only leave local school districts in a continued state of financial uncertainty, but also...
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Hana Financial agrees to extend deal to buy KEB with Lone Star
Hana Financial Group Inc., South Korea's No. 4 banking group, said Friday it has agreed to extend a deal with U.S. buyout fund Lone Star Funds to buy a controlling stake in Korea Exchange Bank (KEB).
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Lone Star, Hana Cut Korea Exchange Bank Deal Price by 6%, Extend Deadline
Lone Star Funds agreed to cut the price of Korea Exchange Bank to 4.4 trillion won ($4.2 billion) and extended the sale deadline as South Korean regulators delay approving Hana Financial Group Inc....
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Banks chafe at pay clawbacks in liquidation plan
Banks and other large financial companies that could be seized and liquidated by the US government are balking at a proposed plan they argue gives regulators too much power to snatch back executives'...