Private Equity Wire

JANUARY 13, 2025

Investors in the fund include a mix of institutional limited partners such as endowments, foundations, pension funds, financial institutions, funds of funds, and private wealth firms. Monument Group served as the placement agent for the fund, and Ropes & Gray provided legal counsel.

Capital 94

Capital Pension Funds Financial Institutions Funds 94

The Motley Fool

APRIL 7, 2024

Contrary to what you might think, a bank could legally withdraw money from your deposit accounts (like a checking or high-yield savings account ) if you've defaulted on one of its loan products, like a mortgage or car loan. The account and unpaid balance must be with the same bank for the right to offset to be legal.

Banks 242

Banks Accounting Legal Financial Institutions 242

The Motley Fool

JULY 29, 2024

On top of that sectorwide volatility, Ripple has faced significant legal challenges, which adds another layer of uncertainty. If the legal outcome is unfavorable, it would almost certainly damage Ripple's price. And of course, there's a potential upside to the legal hassle. billion by offering an unregistered digital security.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Legal Financial Institutions Financial Services 246

The Motley Fool

JUNE 4, 2024

financial institutions to assist in detecting and stopping money laundering. One of the requirements is that financial institutions report cash transactions exceeding $10,000 in a day. It's not that extreme, but there is some truth to it. Your bank will need to file a CTR In 1970, Congress passed the Bank Secrecy Act.

Banks 246

Banks Accounting Financial Institutions Legal 246

The Motley Fool

FEBRUARY 29, 2024

XRP acts as a bridge currency, allowing financial institutions to quickly convert one currency into another, with the help of banking partners facilitating conversions between XRP and local currencies in dozens of countries. Meanwhile, the legal battle with the U.S. That's another factor weighing on XRP's value and utility.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Financial Institutions Legal Banks 246

The Motley Fool

JULY 22, 2023

For example, AI-powered chatbots can help augment customer service at financial institutions. Additionally, AI-enabled platforms can learn from a user's financial history and patterns, detecting potential fraud to help protect bank accounts and more. AI could even be used to anticipate court case outcomes.

Legal 246

Legal Education Financial Institutions Banks 246

The Motley Fool

MARCH 29, 2024

El Salvador already adopted it as legal tender. Economic settlement network: Bitcoin could eliminate a number of fees imposed by banks and financial institutions, capturing between 1% and 10% of U.S. Institutional investment: Banks and financial institutions could place between 1% and 6.5%

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) High Net Worth Individuals Exchange-Traded Funds Financial Institutions 246

The Motley Fool

MAY 18, 2024

Ripple has already partnered with numerous banks and financial institutions in an effort to gain broader adoption. It's never good when you're in the crosshairs of the most powerful financial regulator there is. Whether you're an expert in legal disputes like this, it's almost impossible to know how things will play out.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Legal Financial Institutions Consulting 246

Private Equity Wire

NOVEMBER 5, 2024

The Funds’ limited partners include a diverse mix of pension funds, endowments, foundations, family offices, insurance companies, and other financial institutions. Proskauer served as legal advisor for Shamrock and no placement agent was used for the fundraise.

Capital 93

Capital Pension Funds Funds Financial Institutions 93

The Motley Fool

JUNE 22, 2024

Compare different accounts : Check out the pros and cons of Roth IRAs at different financial institutions so you know what you're signing up for. Some accounts may come with account maintenance and other fees that could reduce your child's account balance.

Financial Institutions 242

Financial Institutions Taxes Accounting Consulting 242

The Motley Fool

NOVEMBER 26, 2023

Every quarter, it seems, some new detail about the case is released, or some new twist and turn in the legal arguments takes place. In mid-July, for example, Ripple Labs won a huge legal victory, and the price doubled almost overnight from $0.48 That explains the wild roller-coaster ride of XRP this year.

Securities and Exchange Commission (SEC) 237

Securities and Exchange Commission (SEC) Legal Financial Institutions Prospects 237

The Motley Fool

SEPTEMBER 3, 2023

You need to be aware of when and how you could possibly face legal and financial scrutiny if you make deposits in a certain pattern that trigger the attention of authorities. This is called "structuring deposits," and it is illegal regardless of whether the money you are depositing came from legal activity or from illegal activity.

Banks 246

Banks Accounting Legal Financial Institutions 246

The Motley Fool

JANUARY 23, 2024

Trying to disrupt a major market Ripple is one of the oldest blockchain networks; it was launched in 2012 to facilitate cross-border transactions for financial institutions. While a judge last summer partly ruled that Ripple didn't violate any laws, the ruling did assert that its sale of its securities to institutional buyers did.

Financial Institutions 246

Financial Institutions Financial Services Banks Legal 246

The Motley Fool

NOVEMBER 3, 2024

The differences between XRP and other cryptocurrencies XRP is the native cryptocurrency of Ripple, a blockchain ledger which is used as a cheaper, faster, and more secure alternative to the widely used SWIFT (Society for Worldwide Interbank Financial Telecommunication) protocol for money transfers.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Accredited Investors Exchange-Traded Funds Legal 245

The Motley Fool

OCTOBER 4, 2023

Several financial institutions are trying to launch Bitcoin-based exchange-traded funds (ETFs). Several high-profile cryptocurrency lawsuits are working their way through the legal system. Settlements, judgments, and appeals in these legal cases will help the U.S.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Legal Exchange-Traded Funds Financial Institutions 246

The Motley Fool

SEPTEMBER 13, 2024

So here's the big picture: If XRP can put its legal and regulatory headaches behind it once and for all, it can get back to business as usual. At a very minimum, XRP could double to $1, which is exactly what it did last summer, when there was a favorable legal development in the Ripple case.

Securities and Exchange Commission (SEC) 241

Securities and Exchange Commission (SEC) Initial Public Offering Legal Financial Institutions 241

The Motley Fool

MAY 3, 2024

It routed Ripple's transactions through its own blockchain-based ledger and claimed it could provide secure, instant, and "nearly free global financial transactions of any size with no chargebacks." Today, financial institutions like Travelex Bank, Tranglo, and Sentbe use Ripple's payment protocol network.

Hedge Funds 246

Hedge Funds Financial Institutions Legal Banks 246

The Motley Fool

JUNE 28, 2024

This REIT only operates in the medical cannabis industry, a far more widely legalized and regulated market compared to the recreational one. Its resilient revenue model is driving growth forward even in an uncertain environment, and as legalization expands the opportunity for the company is considerable.

Legal 244

Legal Financial Institutions Investment Horizon Management Fees 244

The Motley Fool

SEPTEMBER 18, 2023

Read more: we researched free tax software and put together a list of the best options here As such, I try to take advantage of every opportunity to lower my tax bill -- legally, of course. If you don't have a 401(k) through your job, you can open an IRA independently at pretty much any financial institution.

Taxes 246

Taxes Legal Financial Institutions Accounting 246

The Motley Fool

AUGUST 25, 2024

Contact any associated financial institutions: Contact any banks or lenders associated with hacked or fraudulent accounts and let them know what has happened. Take it one day at a time and get help from financial and legal experts as needed until it's finally behind you. But it may reduce the risk of future losses.

Financial Institutions 246

Financial Institutions Banks Legal Accounting 246

The Motley Fool

JULY 9, 2024

Bank Secrecy Act During the Nixon administration, the government decided to pursue financial fraud at the banking level. To catch money launderers, drug dealers, and other bad players, they needed the help of financial institutions. Under BSA, banks became legally obligated to report any deposits or withdrawals over $10,000.

Banks 245

Banks Accounting Financial Institutions Legal 245

The Motley Fool

JULY 22, 2024

million Microsoft Windows devices to stop working, impacting financial institutions, airlines, and more. Wells Fargo analyst Andrew Nowinski lowered his price target for CrowdStrike stock today in expectation of higher legal fees in the near future, among other things, according to Investing.com.

Financial Institutions 189

Financial Institutions Legal Returns Investors 189

The Motley Fool

JANUARY 16, 2024

The largest cryptocurrency was in the middle of another crypto winter back then, hampered by hacking scandals and regulatory crackdowns with no support to speak of from large banks and other financial institutions. The $19,345 record price of the Bitcoin boom in 2017 felt like a distant memory, melted down to $3,644 per token.

Exchange-Traded Funds 246

Exchange-Traded Funds Investing Financial Institutions Legal 246

The Motley Fool

FEBRUARY 13, 2024

For instance: The lawsuit by the Securities and Exchange Commission (SEC) is still going through the legal machinery and may not come up roses for the Ripple community. Ripple's legal tango with the SEC is turning a corner after four long years, offering a glimmer of hope to XRP enthusiasts. That's not an all-out guarantee, of course.

Securities and Exchange Commission (SEC) 186

Securities and Exchange Commission (SEC) Legal Financial Institutions Banks 186

The Motley Fool

JUNE 14, 2024

Thanks to the approval of spot Bitcoin exchange-traded funds (ETFs) and the coming approval of spot Ethereum ETFs , institutional investors now have easy access to crypto through the stock market. Currently, Coinbase moves cautiously, potentially shelving certain innovative ideas due to concerns over legal repercussions.

Exchange-Traded Funds 243

Exchange-Traded Funds Financial Institutions Legal Assets 243

The Motley Fool

NOVEMBER 25, 2023

Tepper made a name for himself by predicting the collapse of the housing market and the financial crisis in 2008. In a prescient move, he bet heavily on the recovery of distressed financial institutions, becoming the highest-earning hedge fund manager of 2009.

Hedge Funds 246

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The Motley Fool

JUNE 21, 2024

law -- so you don't accidentally find yourself facing legal problems. That dollar amount matters because when your banking transaction involves more than $10,000 in cash, the financial institution must report it. Before you withdraw or deposit $10,000, though, you need to learn about a very important U.S.

Banks 130

Banks Accounting Financial Institutions Legal 130

Private Equity Professional

JULY 24, 2024

The Agellus Duo: Jeff Aiello and Beau Thomas Limited partners in Fund I include endowments and foundations, financial institutions, insurance companies, family offices, sovereign wealth funds, and high net worth individuals including several founders and business executives. “We The firm is headquartered near St.

High Net Worth Individuals 130

High Net Worth Individuals Capital Funds Financial Institutions 130

The Motley Fool

JULY 19, 2024

Benefits of seller financing Seller financing involves the property seller providing a loan directly to the buyer, rather than the buyer obtaining a loan from a traditional financial institution. Legal documentation: Draw up a legal contract that outlines all agreed-upon terms. million residence in Santa Barbara.

Finance 130

Finance Financing Legal Financial Institutions 130

The Motley Fool

JULY 21, 2024

The Bank Secrecy Act Originally called the Currency and Foreign Transactions Reporting Act of 1970, the BSA "authorizes the Department of the Treasury to impose reporting and other requirements on financial institutions and other businesses." It's meant to help detect and prevent crimes like money laundering and tax evasion.

Banks 130

Banks Financial Institutions Legal Accounting 130

The Motley Fool

FEBRUARY 28, 2025

Treasuries XRP's target users are banks and other financial institutions that need to perform international money transfers very frequently. Those same companies tend to hold a lot of different types of assets, which banks and institutions might want to send across borders easily, too -- like U.S. Tokenizing U.S.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Legal Financial Institutions Assets 100

Private Equity Insights

FEBRUARY 16, 2024

Nordic Capital is to acquire a majority stake in Zafin, a provider of SaaS core modernisation and transformation solutions for financial institutions around the world. Goldman Sachs & Co served as exclusive financial advisor to Zafin and Fasken Martineau DuMoulin served as legal counsel to Zafin.

Capital 130

Capital Financial Institutions Enterprise Values Legal 130

The Motley Fool

JULY 10, 2023

The financial institution is seeking to patent a system to automate detection, elimination and prevention of " toxic combinations for personal information data " -- essentially two or more pieces of personal information that, when paired together, become highly confidential, such as a name and an account number.

Financial Institutions 130

Financial Institutions Legal Banks Accounting 130

Private Equity Wire

JUNE 13, 2024

Fund III secured commitments from a globally diversified group of existing and new investors, including leading endowments, foundations, family offices, healthcare and pension systems, and financial institutions. Kirkland and Ellis LLP served as legal counsel for Fund III and Raymond James acted as placement agent.

Capital 97

Capital Private Equity Firms Private Equity Firms Financial Institutions 97

Private Equity Insights

MARCH 1, 2024

As part of the transaction, BBDE will enter a long-term strategic sale and servicing arrangement with Blackstone, retain the legal title for the credit card accounts and continue to service them for a fee. Blackstone’s investment will be made entirely on behalf of the firm’s insurance clients.

Debt 130

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Private Equity Professional

OCTOBER 8, 2024

Commitments for Shore’s three new funds came from the firm’s existing investors and select new limited partners, which include university endowments, financial institutions, pension funds, insurance companies, funds of funds, and family offices. The three new funds exceeded their targets and represent over $1.9

Capital 130

Capital Pension Funds Consultants Consulting 130

The Motley Fool

OCTOBER 18, 2024

With many financial institutions offering APYs of 4%, 5%, and even more, CDs quickly became an easy and safe place to grow money. CDs are a forward-looking financial product The market for CDs is forward-looking. After several years of rising interest rates, the Federal Reserve recently announced it's easing monetary policy.

Banks 130

Banks Financial Institutions Education Legal 130