Remove Delaware Remove Management Remove Operations Remove Regulation
article thumbnail

India OKs Facebook Subsidiary’s Acquisition Of Jio Platforms Share

PYMNTS

CCI said Jaadhu is a wholly owned Facebook subsidiary, which was started in March of this year under Delaware state laws, according to a press release. RJIL is a licensed operator of communications systems, which services customers throughout India.

Delaware 130
article thumbnail

Facebook Invests $130M In Content Oversight Board

PYMNTS

The content oversight board trust was made for accountability and good governance, to ensure that the funds are managed properly. Brown Brothers Harriman Trust Company of Delaware, N.A Brown Brothers Harriman Trust Company of Delaware, N.A Facebook reportedly plans to keep funding the operation of the board after the six years.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. • Liquidity risk management and adequacy of contingency funding plans.

article thumbnail

Board Composition: What Does the Best Bank Board Look Like?

Jeff For Banks

In April 2017, Delaware Place Bank in Chicago was placed under a Consent Order (CO). We are often asked this question, either formally (through a Management Study or Board evaluation engagement) or informally, And the answer is, it depends. There were no former regulators on the boards of the above banks.

Chicago 60
article thumbnail

Finance in motion— $1B moved for $0.02

Lex Sokolin

Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Not from a Bitcoin speculation point of view, but from an operating, business model perspective. Once internal operational efficiencies are out of the way, tokenized systems assail traditional asset classes. but “How?”.

Bitcoin 40
article thumbnail

Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Payments and money transfers.