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1404 Resources for

u.s. department of treasury

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NBT Bancorp Elects to Not Participate in U.S. Treasury TARP Capital Purchase Program
NBT Bancorp Inc. NBT (NASDAQ: NBTB) confirmed today that the company recently received a proposed allocation of funds under the U.S. Treasury Department's Capital Purchase Program. However, NBT Bancorp has elected to not take part in the program. "We are honored that the Treasury and our regulators have chosen...
Tags: NBT Bancorp Inc., U.S. Department of Treasury
Research articles 2009-01-07
M&T to receive $600M from Treasury Department
BUFFALO - M&T Bank Corp. (NYSE: MTB) announced Nov. 20 it has applied to participate in the federal government's $700 billion financial rescue program. M&T's application has already received preliminary approval. The bank applied to receive $600 million through the program and said it will issue preferred stock and warrants...
Tags: M&T Bank Corp., U.S. Department of Treasury
Research articles 2008-11-28
Travelers Does Not Seek Federal Financial Assistance
SAINT PAUL, Minn. -- In a letter to U.S. Treasury Secretary Henry Paulson, The Travelers Companies, Inc. (NYSE: TRV) stated it does not require or intend to request any financial assistance from the Treasury Department, which is considering investing in insurance companies as part of the economic stabilization package approved...
Tags: FINANCE, financial, Insurance, Travelers Companies Inc., U.S. Department of Treasury
Research articles 2008-10-28
UCBH Holdings, Inc. Receives Preliminary Approval to Participate in the U.S. Treasury's Capital Purchase Program
SAN FRANCISCO -- UCBH Holdings, Inc. (NASDAQ:UCBH), the holding company of United Commercial Bank (UCB[TM]), today announced that on October 24, 2008, it has received preliminary approval for an investment of $298 million from the U.S. Department of the Treasury (the "Treasury") to participate in its Capital Purchase Program (the...
Tags: bank, Company, financial, U.S., U.S. Department of Treasury, UCBH Holdings Inc., United
Research articles 2008-10-27
A.M. Best Special Report: Treasury Department, Regulators Respond to Global Financial Crisis
OLDWICK, N.J. -- The Treasury Department and banking regulators unveiled several initiatives to unlock frozen credit markets and help restore confidence in the nation's banking system amid a growing global financial crisis. The Treasury Department will directly invest as much as $250 billion in financial institutions as part of the...
Tags: A.M. Best Co., bank, Banking, financial, regulator, U.S. Department of Treasury
Research articles 2008-10-27
Washington Federal Announces a $200 Million Commitment From the U.S. Treasury's Capital Purchase Program
Washington Federal, Inc. (NASDAQ: WFSL), the parent company of Washington Federal Savings, today announced it has received confirmation that it has been selected to participate in the Treasury Department's Capital Purchase Program as part of an accelerated approval process for some of the strongest regional U.S. institutions. As a...
Tags: Company, FINANCE, INTERNET, Investment, Litigation, U.S. Department of Treasury
Research articles 2008-10-26
Regions Selected to Participate in U.S. Treasury Capital Purchase Program
BIRMINGHAM, Ala. -- Regions Financial Corporation (NYSE:RF) announced today that it has received preliminary approval from the U.S. Treasury Department, subject to standard closing conditions, for the investment of $3.5 billion in the company as part of the government's effort to restore confidence in our nation's financial system, increase the...
Tags: FINANCE, Government, Investment, Regions Financial Corp., SOFTWARE, Treasury, U.S. Department of Treasury
Research articles 2008-10-24
Fitch Comments on Equity Credit for U.S. Treasury Preferred Instruments
CHICAGO -- Fitch Ratings is actively assessing the appropriate equity credit for preferred instruments issued by U.S. banks to the U.S. Department of Treasury Treasury as part of the Troubled Asset Relief Program TARP as authorized by the Emergency Economic Stabilization Act of 2008. Based on Fitch's initial view,...
Tags: equity, FINANCE, Fitch, Investment, Treasury, U.S. Department of Treasury
Research articles 2008-10-17
The Weiss Treasury Only Money Market Fund -- A Wise Choice for Capital Preservation, Liquidity and Current Income for Financial Market Turmoil
Weiss Capital Securities, Inc., a full-service, registered broker-dealer announced today that it has chosen not to participate in the U.S. Treasury's temporary money market fund guarantee program for its Weiss Treasury Only Money Market Fund (Symbol: WEOXX). On September 19, 2008 the U.S. Treasury announced a temporary money market...
Tags: Benefits, FINANCE, financial, income, Investment, liquidity, U.S. Department of Treasury
Research articles 2008-10-17
New Hampshire Thrift Bancshares, Inc. Announces Earnings for Third Quarter
NEWPORT, N.H. -- New Hampshire Thrift Bancshares, Inc. (Nasdaq: NHTB), the holding company for Lake Sunapee Bank, fsb (the "Bank"), today reported consolidated net income for the nine months ended September 30, 2008 of $3,896,196, or $0.67 per share assuming dilution, compared to $3,397,391, or $0.73 per share assuming dilution,...
Tags: asset, bank, Company, dilution, Fannie Mae, impairment, income, New Hampshire Thrift Bancshares Inc., U.S. Department of Treasury
Research articles 2008-10-10
Pioneer Investments Announces Participation in U.S. Treasury Temporary Money Market Fund Guarantee Program
BOSTON -- Pioneer Investments today announced that the Boards of Trustees of four Pioneer money market funds approved participation of the funds in the U.S. Treasury Department's Temporary Guarantee Program for Money Market Funds. "Pioneer's U.S. money market funds consistently have maintained their $1 per share values, and we...
Tags: Benefits, Boston, FINANCE, Investment, U.S. Department of Treasury
Research articles 2008-10-08
Liberty Acquisition Holdings Corp. Reports Composition of Trust Account Investment Portfolio
NEW YORK -- Liberty Acquisition Holdings Corp. (AMEX:LIA) (the "Company") announced today that the underlying assets of its trust account consist of shares of the JPMorgan U.S. Government Money Market Fund (the "JPMorgan Fund"), the Goldman Sachs Financial Square Federal Fund (the "Goldman Fund") and the Western Asset Institutional Government...
Tags: acquisition, asset, Company, Goldman, J.P. Morgan Chase & Co., U.S. Department of Treasury, U.S. Government
Research articles 2008-10-07
Van Kampen Announces Participation in U.S. Treasury Temporary Guarantee Program for Money Market Funds
CHICAGO -- Van Kampen Investments Inc. announced today that the Van Kampen Funds' Board of Directors has approved the participation of its money market funds in the U.S. Treasury Temporary Guarantee Program. Van Kampen offers three SEC registered 2a-7 funds and each of these funds will apply to be insured...
Tags: FINANCE, U.S. Department of Treasury, Van
Research articles 2008-10-07
Prudential Financial Eligible Funds Participate in U.S. Treasury Money Market Guarantee Program
NEWARK, N.J. -- Prudential Financial, Inc. (NYSE:PRU) announced today that the retail mutual fund board of directors/trustees for the eligible JennisonDryden and Target mutual funds, and the Prudential Institutional Liquidity Portfolio, approved their participation in the U.S. Treasury Department's Temporary Guaranty Program for U.S. Money Market Mutual Funds. The...
Tags: Benefits, FINANCE, Investment, Prudential Insurance Company of America, U.S. Department of Treasury
Research articles 2008-10-07
Fitch: Money Market Funds Embrace U.S. Treasury's Temporary Guarantee Program
NEW YORK -- The U.S. Treasury's introduction of the $50 billion Temporary Guarantee Program for Money Market Funds on Sept. 29, 2008, was followed almost immediately by the announced enrollment in the program of the overwhelming majority of Fitch-rated prime money market funds registered under rule 2a-7 of the Investment...
Tags: asset, Fitch, U.S. Department of Treasury
Research articles 2008-10-06
Treasury Department Official Rejoins Fulbright
DALLAS -- After two years as senior counsel in the Treasury Department's Office of Tax Policy, Bill Bowers has rejoined Fulbright & Jaworski L.L.P. as a partner. "Fulbright was a perfect fit for me before I left for the Treasury Department two years ago, and my experience at the...
Tags: FINANCE, Taxes, U.S. Department of Treasury
Research articles 2008-10-06
Wilmington Funds to Participate in New Money Market Guarantee Program
Insurance Will Provide Additional Reassurance to Shareholders During Period of Market Volatility WILMINGTON, Del. -- Wilmington Trust announced today that the Board of Trustees of its mutual fund family, the Wilmington Funds, authorized participation in the U.S. Treasury Department's new Temporary Money Market Guarantee Program. The voluntary program,...
Tags: Benefits, FINANCE, Insurance, Investment, liquidity, S&P, shareholder, U.S. Department of Treasury
Research articles 2008-10-03
Reich & Tang to Participate in U.S. Treasury Department's Temporary Guarantee Program for Money Market Funds
NEW YORK -- On October 2, 2008, the Boards of Directors and Trustees of all U.S.-registered money market funds advised by Reich & Tang Asset Management, LLC approved the participation of those funds in the U.S. Treasury Department's Temporary Guarantee Program for Money Market Funds ("Guarantee Program"). "The Guarantee...
Tags: U.S. Department of Treasury
Research articles 2008-10-03
Transforma Acquisition Group Inc. Announces Transfer of Trust Funds into U.S. Treasuries
NEW YORK -- Transforma Acquisition Group Inc. (AMEX: TAQ, TAQ.U, TAQ.WS) ("Transforma") announced today that, in light of current market uncertainties, it has transferred 100% of its trust account funds from an institutional money market fund investing in high quality U.S. Dollar-denominated short-term debt securities, primarily obligations of U.S. and...
Tags: asset, Transforma Acquisition Group Inc., U.S. Department of Treasury
Research articles 2008-10-03
Neuberger Berman Announces Money Market Funds' Intention to Apply for U.S. Treasury Temporary Guarantee Program
NEW YORK -- Neuberger Berman Management LLC announced today that the Boards of Trustees for all publicly offered Neuberger Berman and Lehman Brothers money market funds (the "Funds") have approved the participation of the Funds in the U.S. Treasury Temporary Guarantee Program for Money Market Funds. All the Funds intend...
Tags: Benefits, FINANCE, Investment, U.S. Department of Treasury
Research articles 2008-10-03