Banking Fiduciary

Latest News for: Banking fiduciary

Edit

BJP government ‘misleads’ on political funding

Asiatimes 22 Aug 2019

Anyone who wishes to donate to a political party can buy a bond from the State Bank of India ... According to the finance ministry notification, the lone bank ... The SBI insisted that the information relating to electoral bonds is confidential, held by the bank in “fiduciary capacity.”....

Edit

The National Credit Amendment Bill is now set to become law

Independent online (SA) 19 Aug 2019

JOHANNESBURG – South Africa’s banks are set for more pressure on their bottom line with the controversial National Credit Amendment Bill set to become law after President Ramaphosa anointed the bill ... “Banks have a fiduciary duty to protect the savings and investments of their depositors, the workers, professionals and businesses of South Africa....

Edit

Pros and cons of National Credit Amendment Bill explained

Independent online (SA) 18 Aug 2019

The Banking Association of South Africa says the signing is of “extreme concern” to the banking industry and to low-income clients of banks ... “Banks have a fiduciary duty to protect the savings and investments of their depositors, the workers, professionals and businesses of South Africa....

Edit

Consumer Watch: Pros and cons of National Credit Amendment Bill explained

Independent online (SA) 17 Aug 2019

Edit

I'm a Gen Xer, but I learned 7 lessons from 'Broke Millennial Takes On Investing' that I now live by

Business Insider 16 Aug 2019

So, Lowry suggests keeping your investments separate from your regular banking so that you are only checking in every six months to a year ... As someone who worked in banking for five years, I knew what the word fiduciary meant, but I didn't know what suitability was and I didn't know which was better....

Edit

Goldman’s 1MDB troubles grow deep and wide

Asiatimes 14 Aug 2019

... in 2000, two years after he joined Goldman as an executive director, which the firm deemed as sufficient grounds to investigate “whether the relationship between the two men caused Gnodde to improperly approve the 1MDB deal and thereby violate his fiduciary duties” to the bank....

Edit

Katey Datillo Joins Fiduciary Trust of New England as VP and Trust Officer

The Marshall News Messenger 13 Aug 2019

Katey Datillo Joins Fiduciary Trust of New England as VP and Trust Officer (Photo ... Datillo joins Fiduciary Trust from State Street where she was a manager and trust officer, responsible for administering all of the Bank’s personal trust accounts and overseeing relationships with independent investment advisors ... About Fiduciary Trust Company....

Edit

Generation Z Is Goal-Oriented And Motivated To Pursue Enjoyable Careers But Uncertain About How To ...

The Record 13 Aug 2019

... registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company� (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance)....

Edit

Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government

Bitcoin 12 Aug 2019

... cuts to interest rates, resulting in things like negative rate 10-year mortgage deals in Denmark, negative yielding bonds, bank closures and consolidations in Japan, and depositors being forced to move their money into alternative means of savings such as fiduciary call deposits....

Edit

Northwestern Mutual Appoints Neal Sample to Chief Information Officer

The Record 12 Aug 2019

Edit

Owning Fiat Just Got More Expensive – NIRP Strikes Again

Devcoins 08 Aug 2019

With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP) ... Global View on NIRP Policy and Banks....

Edit

Grayscale Investments Transferred Nearly $3 Billion to Coinbase

CoinStaker 06 Aug 2019

Earlier this month, digital asset management fund Grayscale Investments transferred nearly $3 billion worth in crypto to American major wallet provider and globally-respected crypto exchange Coinbase ... “As a NY State-contracted trust firm, Coinbase Custody is held to fiduciary standards as “traditional” national banks ... Utopia....

Edit

Grayscale’s $2.7bn in crypto assets to be held by Coinbase Custody

Yahoo Daily News 05 Aug 2019

Grayscale Investments has selected Coinbase Custody to serve as custodian for its digital asset holdings ... “As a New York state-chartered trust company, Coinbase Custody is held to the same fiduciary standards as national banks ... ....