BNET Business Dictionary
Business Definition for: Approved Deposit Fund
- a concessionally taxed fund managed by a financial institution into which Eligible Termination Payments can be transferred from a superannuation fund.
- Abbr. ADF
Additional Resources
- US problem bank list hits 416, insurance fund falls
- By Karey Wutkowski and Steve Eder of Reuters WASHINGTON - Problem US banks and thrifts on an official watchlist rose more than a third to 416 in the second quarter of 2009, as bad loans continued to bite, but regulators saw signs of stabilization in the industry. The Federal Deposit...
- News items 2009-08-27
- Deposit insurance law wins cabinet approval in Thailand.
- By Wichit Chantanusornsiri, Bangkok Post, Thailand Knight Ridder/Tribune Business News Dec. 1--The cabinet yesterday approved a draft law establishing a new deposit insurance agency, a key step toward the future development of the country's financial sector. The new agency...
- Research articles 2004-12-01
- Nanya will issue new shares in May to fund growth.
- Feb 19, 2002 The Asian Wall Street Journal ABIX via COMTEX -- Nanya Technology Corporation is part of the Formosa Plastics Group. Marketing for a proposed global depository receipt issue will commence in April 2002. The securities issue is approved by the Taiwanese Securities...
- Research articles 2002-02-20
- FDIC Problem Bank List Hits 416, But Recovery Eyed
- By Karey Wutkowski and Steve Eder WASHINGTON (Reuters) - Problem U.S. banks and thrifts on an official watchlist rose more than a third to 416 in the second quarter of 2009, as bad loans continued to bite, but regulators saw signs of stabilization in the industry. The Federal Deposit Insurance...
- News items 2009-08-27
- CIT Group Files For Bankruptcy
- By Dan Wilchins and Elinor ComlayNEW YORK (Reuters UK) - CIT Group CIT, a lender to hundreds of thousands of small and medium-sized businesses, filed for bankruptcy on Sunday, as the global financial crisis left it unable to fund itself and the recession clobbered its loans.The bankruptcy, one of the...
- News items 2009-11-01
- CIT Group Files For Prepackaged Bankruptcy
- By Dan Wilchins and Elinor ComlayNEW YORK (Reuters) - CIT Group Inc, a century old lender to hundreds of thousands and small and medium-sized businesses, filed for bankruptcy on Sunday, as the global credit crisis left it unable to fund itself and the recession clobbered its loans.The bankruptcy, one of...
- News items 2009-11-01
- Automakers get $17.4 billion lifeline from gov't
- WASHINGTON - Citing danger to the national economy, the Bush administration approved an emergency bailout of the U.S. auto industry Friday, offering $17.4 billion in rescue loans in exchange for concessions from the deeply troubled carmakers and their workers. The government will have the option of becoming a stockholder in...
- News items 2009-08-07
- Bank Bill Delayed in House, Senate Divided
- By Kevin DrawbaughWASHINGTON (Reuters) - Progress toward tighter U.S. financial regulation faltered in the U.S. Congress on Thursday as a House committee postponed a pivotal vote and Republicans on a Senate committee aired stubborn opposition.The setbacks came as lawmakers streamed out of town for a Thanksgiving holiday break, leaving further...
- News items 2009-11-19
- Bank Bill Delayed in House, Senate Divided
- By Kevin DrawbaughWASHINGTON (Reuters) - Progress toward tighter U.S. financial regulation faltered in the U.S. Congress on Thursday as a House committee postponed a pivotal vote and Republicans on a Senate committee aired stubborn opposition.The setbacks came as lawmakers streamed out of town for a Thanksgiving holiday break, leaving further...
- News items 2009-11-19
- Bank Bill Delayed in House, Senate Divided
- By Kevin Drawbaugh WASHINGTON (Reuters) - Progress toward tighter U.S. financial regulation faltered in the U.S. Congress on Thursday as a House committee postponed a pivotal vote and Republicans on a Senate committee aired stubborn opposition. The setbacks came as lawmakers streamed out of town for a Thanksgiving holiday break,...
- News items 2009-11-19
- Obama "too Big to Fail" Plan Blasted in Congress
- By Kevin DrawbaughWASHINGTON (Reuters) - The Obama administration's new proposal for tackling financial risk in the U.S. economy, unveiled just two days ago, came under attack on Thursday from Congress and regulators, with questions raised about its funding and scope.U.S. Treasury Secretary Timothy Geithner scrambled in a congressional hearing to...
- News items 2009-10-29
- Obama "too Big to Fail" Plan Blasted in Congress
- By Kevin Drawbaugh WASHINGTON (Reuters) - The Obama administration's new proposal for tackling financial risk in the U.S. economy, unveiled just two days ago, came under attack on Thursday from Congress and regulators, with questions raised about its funding and scope. U.S. Treasury Secretary Timothy Geithner scrambled in a congressional...
- News items 2009-10-29
- Need to know: Greggs profits rise ... Citigroup to be sued ... Thorntons credit facility ...
- View video and Need to Know interactive heatmap Economics Trade gap: The trade in goods deficit widened in June to £6.45 billion, after a surge in imports of oil. The gap was bigger than the £6.174 billion reported in May. Imports rose by 2.2 per cent, the biggest increase since...
- News items 2009-08-11
- Deal or No Deal? 8 Phony 'Bargains' and Better Alternatives
- In this economy, enticing offers abound. But a lot of so-called bargains may turn out to be raw deals. For consumers, a little...
- Articles 2009-08-04
- CIT Moves Closer to Pre-packaged Bankruptcy Approval
- By Elinor Comlay and Walden SiewNEW YORK (Reuters) - CIT Group CIT has met at least one of the hurdles necessary to file for a prepackaged bankruptcy, sources said, bringing the commercial lender one step closer to the fast bankruptcy process it is seeking to lower its liabilities and get...
- News items 2009-10-30
- CIT Moves Closer to Pre-packaged Bankruptcy Approval
- By Elinor Comlay and Walden Siew NEW YORK (Reuters) - CIT Group CIT has met at least one of the hurdles necessary to file for a prepackaged bankruptcy, sources said, bringing the commercial lender one step closer to the fast bankruptcy process it is seeking to lower its liabilities and...
- News items 2009-10-31
- KOREAN COMMITTEE APPROVES SALE OF HANA BANK STATE SHARES.
- SEOUL, Nov 12 Asia Pulse -- The Public Fund Oversight Committee approved a contract Tuesday between the Korea Deposit Insurance Corp. KDIC and Hana Bank for the disposal of government stakes in the bank. The eight-man committee under the Ministry of Finance and Economy said the agreement is a...
- Research articles 2002-11-12
- COMMITTEE APPROVES SALE OF CHOHUNG BANK TO SHINHAN.
- SEOUL, June 20 Asia Pulse - The Public Fund Oversight Committee approved the sale of Chohung Bank CHB (KSE:00010) to Shinhan Financial Group (KSE:55550) for 3.37 trillion won (US$2.81 billion) Thursday. The decision, reached at a meeting at the main office of the Korea Deposit Insurance Corp. KDIC...
- Research articles 2003-06-20
- Why It's Time For Sheila Bair To Apologize To Citi's Pandit
- Federal Deposit Insurance Corporation FDIC chairman Sheila Bair got a well-deserved kick in the teeth this week when consultant Egon Zehnder International endorsed Citigroup's chief executive Vikram Pandit. According to people who claim to have read the report, Pandit received "a positive assessment" by Egon Zehnder in the independent review...
- Blog posts 2009-10-09
