With money in the bank, Motrr set up a warehouse in the Bay Area to store and ship devices.
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Bergstein fired off a blunt e-mail to 50 fellow CEOs last month, spouting off about how Wingspan, the on-line bank set up by Bank One--the giant in his home city of Chicago--would be a costly flop.
As well as being the first such center set up by the French-based global bank in its home city, it is also the first devoted to the specific business model of hedge funds and their management structure.
The idea is being floated in political and banking circles that a NAMA-style "bad bank" - similar to the model established in the Republic of Ireland - could be set up to remove these debts in the hope that this might free up bank lending once again.
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Sareb still is getting organized and may run into delays similar to those that have slowed the sale by a similar bad bank set up in Ireland in 2009.
The Lord Ashcroft-owned Bank of Belize was also granted the exclusive right to set up offshore companies in Belize for US and UK citizens.
They then uncovered evidence that Vega allegedly had his ex-sister-in-law set up a bank account in Brooklyn to cash the check from that sale.
The European Central Bank and the EFSF, the fund set up to prevent exactly this sort of disaster in Greece, Ireland and Portugal.
The accepted practice in bank accounting is to set up significant loan-loss reserves only when the commitment is availed of and the arrangement becomes an on-balance-sheet loan.
The three set up a firm called Diversified Corporate Loans in 1983 to pool bank loans and manage the portfolio with their options-pricing models.
So the World Bank has set up a geothermal fund to underwrite exploration in east Africa.
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Sydney is one of the few places in Asia where a bank can set up without expatriates.
Their influence has been increasing in recent years, particularly since the government, in 2003, set up the China Bank Regulatory Commission to oversee banking industry.
She entered into an agreement with the Northwest Atlantic Marine Alliance to set up a bank account with a credit union in Maine.
An arm of the government and the World Bank set up a program two years ago that is similar to one in Bosnia.
Deutsche Bank had devised a way round the requirement: in 2002 it set up a group executive committee that was independent of its two-board structure.
Some doctors set up kiosks in their offices where patients could apply for the bank's loans.
Promisingly, the Chinese bank regulator announced draft rules in May to allow domestic and foreign institutions to set up consumer-finance firms to offer personal loans for consumer-goods purchases.
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It has also set up capital controls in order to avoid a bank run, the first time such measures have been introduced since the introduction of the euro in 1999.
Its 61 directorsall insidersare so numerous that the bank reportedly has to set up a "second-stringers' bench" to fit them all in.
Its 61 directors all insiders are so numerous that the bank reportedly has to set up a "second-stringers' bench" to fit them all in.
He set up bank accounts in Greece and Cyprus as well as limited companies across the globe to keep the cash away from the authorities.
In a report, the development bank said India's recent decision to set up a ministerial panel to expedite clearances for large projects and the federal cabinet's approval to a proposed law that aims to simplify land acquisition procedures are steps in the right direction.
Brazil, Russia, India and China (and newcomer South Africa) want to set up their own regional development bank, heads of state said in India on Wednesday at the annual BRICS Summit.
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