Shanley Production would deposit those funds in a Fidelity National Bank account that was one of Shanley Corp's general bank accounts. Amounts in these accounts paid business expenses, which included rent, payroll and well expenses. Neal McCabe was the signatory on this account and on all of Shanley's accounts. Distributions from this account would transfer to a bank account in the name of Norstate, LP. These distributions would then be given to the limited partners.
Personal Finance 1. Visit the website of a large national bank, regional bank, or credit union, and use the information you find there to answer the questions below. EXAMPLE: Some large banks you might consider include Bank of America®, JPMorgan Chase®, Wells Fargo®, Citibank®, and U.S. Bank®. a. What is the name of the bank or credit union?
We could use the Federal Reserve as an example, the Federal Reserve uses and controls three tools: open market operations, the discount rate, and reserve requirements. The first one, open market operations has a committee called the Open Market Committee, who is responsible of the operations of this monetary policy tool. This one is to be considered the principal tool of monetary policy, the Committee here as the responsibility over the sale of U.S. Treasury and federal agency securities. The other monetary tools, the discount rate and the reserve requirements, are managed by the Board of Governors of the Federal Reserve Systems. Now the discount rate refers to the interest rate charged to commercial banks and other collection institutions on loans received by the Federal Reserve lending facility.
Understand product liability issues and recotnize contractual and non-contractual liability in business transactions. 4. Locate government resources, programs and legislation that impact international trade and investment. 5. Recognize situations in which legal advice should be obtained.
The Board adopted a four-year planning horizon and a two-year budget. In developing plans and budgets under the strategic framework, the director of each Board division updates division-wide plans, coordinating efforts with other directors and Reserve Banks as necessary. These plans and resulting resource requests are reviewed by the Committee on Board Affairs to make recommendations to the full Board. A Staff Planning Group and the Board’s Program Analysis and Budget Section provide support to the Committee during the planning process by identifying issues and providing analysis of the Board’s budget options. The Reserve Bank planning and budget process provides a similar level of review and oversight for the Reserve Banks.
If there is conflict between this Article and Article 4 or 9, Articles 4 and 9 govern. Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this Article to the extent of the inconsistency. Article 4: Bank Deposits and Collections: UCC Article 4 covers the liability of a bank for action or non-action with respect to an item handled by it for purposes of presentment, payment, or collection is governed by the law of the place where the bank is located. In the case of action or non-action by or at a branch or separate office of a bank, its liability is governed by the law of the place where the branch or separate office is located. Article 5: Letters of Credit: UCC Article 5 applies to letters of credit and to certain rights and obligations arising out of transactions involving letters of credit.
Act). Under the S.A.F.E. Act residential mortgage loan officers at banks, credit unions, and other federally regulated financial institutions are now required to register their names and fingerprints with a national database. Six federal agencies including the Office of the Comptroller of the Currency (OCC), Federal Reserve, FDIC, Office of Thrift Supervision (OTS), Farm Credit Administration (FCA), and National Credit Union Administration (NCUA) approved new rules that say all mortgage originators who are employees of both state and federally regulated lenders must meet the requirements of the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act).
HCS 405 (Health Care Financial Accounting) All Assignments and D Purchase here http://chosecourses.com/hcs-405-health-care-financial-accounting-all-assignments-and-d Product Description WEEK 1 Discussion Questions 1 and 2 HCS 405 week 2 Individual Assignment - Reporting Practices and Ethics Paper • Resource: Grading criteria located in Week Two on your student website. • Find two or three articles that address financial reporting practices and ethical standards in health care finance, including the following topics: o Generally accepted accounting principles o Corporate compliance, ethics, or fraud and abuse • Write a 700- to 1,050-word paper on the financial management of health care organizations,
Deutsche bank is diversified into three group divisions, which are Corporate and investment banking, Private clients and Asset Management, and Corporate investments. Corporate and Investment banking “The Corporate & Investment Bank Group Division, or CIB, is responsible for Deutsche Bank’s capital markets business, comprising the origination, sales and trading of capital markets products including debt, equity, and other securities, together with our corporate advisory, corporate lending and transaction banking businesses” (db.com). CIB is subdivided into two divisions, which are, corporate Banking & Securities and Global transaction banking. Corporate banking and securities “covers Deutsche Bank Group’s origination, sales and trading of securities, corporate advisory and M&A businesses worldwide”(db.com). Global Transaction Banking covers Deutsche Bank’s cash management for corporate and financial institutions, trade finance business as well as trust & securities services.
As a bank the company collects customer information such as their financial information and personal information such an addresses, social security numbers, and place of employment among many other things. Because the bank has access to so much sensitive information that it is a bank priority to maintain confidentiality with the customer’s information. There are several policies and procedures to protect customer’s information from being exposed to anyone who does not need to know the information. All information is collected and stored on computers though a company wide network that can be accessed at any Wells Fargo branch at any time. Customers must be present in order to access the customer’s account and access to accounts is monitored.