He wants a "land-for-land" swap - the transfer of areas in Israel currently populated by Israeli-Arabs to the control of the Palestinian Authority, in exchange for Israeli control of major Jewish settlement blocs in the West Bank.
Since then, the problems and expense of reinventing foreign-exchange settlement have often seemed greater than the putative benefits.
Even so, state and federal officials are nearing a settlement that would release companies like Bank of America and JPMorgan Chase from legal liability in exchange for a cash settlement, reduced payments for homeowners, transition assistance for troubled borrowers and promises to improve performance and comply with state and federal rules.
The Goldman Sachs Group Inc. is reportedly looking to steer clear of a fraud charge in any settlement it reaches with the U.S. Securities and Exchange Commission, which has accused the bank of cheating investors in its mortgage-backed securities.
Authorization is the process by which MasterCard validates the card, and Settlement fees are charged to issuers for the exchange of funds between issuers and acquirers.
The Justice Department is pressing state attorneys general to release the banks from liability for a host of alleged violations in exchange for a far-reaching settlement, people familiar with internal discussions said.
Among potential problems with shorter settlement cycles were issues around securities lending, foreign exchange transaction and delivery of physical securities.
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In exchange, AEP changed the conditions of an earlier court settlement and will use equipment at the Rockport power plant in Indiana that will not reduce sulfur dioxide as much.
Nasdaq is in preliminary talks with the Securities and Exchange Commission over a potential settlement related to its botched handling of Facebook's much-anticipated offering, according to people with knowledge of the discussions.
In other words, he is leaning towards the German model of a vertical silo in which a stock exchange oversees not just the trading of securities, but their clearing and settlement as well.
Trading in Bear shares was so frantic that many didn't settle properly, and so Bear Stearns starting showing up on the New York Stock Exchange's daily list of stocks with high incidences of persistent trade settlement failures.
In the case of AIG, PwC partners agreed to testify against their client in exchange for a smaller settlement.
The issue of clearing and settlement was a crucial factor in the government's 2011 decision to reject Singapore Exchange Ltd.
Separately, the Securities and Exchange Commission filed a Complaint in the Eastern District of New York and announced a settlement with Peterson.
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Since they face the same lawyers over and over, both sides have worked out a simple bargain: In exchange for fees, the plaintiff lawyers sell absolution in the form of a blanket settlement of their claims.
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Unusually, Standard Chartered in Chennai even handles the back end of foreign-exchange trading everything except the deal itself, from confirmation through to settlement and copes with derivatives transactions as well.
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Class-action lawyers are peddling absolution to their targets: In exchange for a settlement that includes lucrative fees, they can obtain a court decree ending the possibility of any further litigation over the same claims.
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New data from the U.S. Securities and Exchange Commission reveals trade settlement fails in early February 2005 that were 27 times greater than the total number of shares Global Links (other-otc: GLLC - news - people ) had issued at the time.
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