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Wrap-Up of Federal and State Chemical Regulatory Developments, September 2021 | Bergeson & Campbell, P.C.

Wrap-Up of Federal and State Chemical Regulatory Developments, September 2021 | Bergeson & Campbell, P.C.
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Glossary of banking terms | PaymentsSource

(1) Initials for asset-backed security. See asset-backed security.
(2) The name for a convention used to express the rate of prepayments for an asset-backed security. ABS expresses principal prepayments as a percentage of the original number of loans or contracts in the pool of securitized loans that created the security. ABS is always expressed as a monthly rate.
Absorption
A term used by real estate lenders and developers to describe the process of renting up newly built or renovated office space or apartments. The term absorption period is often used to describe the period of time necessary for absorption.
Abstract of title ....

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Glossary of banking terms | PaymentsSource

Glossary of banking terms | PaymentsSource
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Citigroup To Maintain Dividend Of $0.51/shr

Citigroup To Maintain Dividend Of $0.51/shr
WASHINGTON (dpa-AFX) - Citigroup (C) said it looks forward to continuing with its planned capital actions, including common dividends of at least $0.51 per share, and to continuing share repurchases.
Citi said that, by the end of the first two quarters of this year, it will have returned to shareholders the maximum amount of capital permitted under Federal Reserve rules.
Based on Citigroup s updated regulatory capital requirements, Citi continues to believe that a targeted Common Equity Tier 1 Capital ratio of approximately 11.5% represents the amount necessary to prudently operate and invest in Citi s franchise.
The Federal Reserve Board communicated that Citi s 2021 Stress Capital Buffer or SCB requirement will increase from the currently effective requirement of 2.5% to 3.0% for the four quarter window of the fourth-quarter 2021 - third-quarter of 2022. ....

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Northern Trust Corp (NTRS) Q1 2021 Earnings Call Transcript

Operator
Good day and welcome to Northern Trust First Quarter 2021 Earnings Conference Call. Today s conference is being recorded.
At this time, I would like to turn the conference over to Mr. Mark Bette, Director of Investor Relations. Please go ahead.
Mark Bette
Senior Vice President, Director of Investor Relations
Thank you, Olivia. Good morning, everyone, and welcome to Northern Trust Corporation s first quarter 2021 earnings conference call. Joining me on our call this morning are Mike O Grady, our Chairman and CEO; Jason Tyler, our Chief Financial Officer; Lauren Allnutt, our Controller; and Kelly Lernihan from our Investor Relation team.
Our first quarter earnings press release and financial trends report are both available on our website at northerntrust.com. Also on our website, you will find our quarterly earnings review presentation, which we will use to guide today s conference call. This April 20th call is being webcast live on northerntrust ....

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