Sentence examples for of customer assets from inspiring English sources
(The United States attorney's office in Manhattan is in the early stages of investigating the removal of customer assets from MF Global).
The amount of customer assets at the firm, a key source of recurring revenue, rose 12percentt in the quarter to $423 billion.
For instance, the Tax Free Puerto Rico Fund II has a leverage ratio of 53 percent, meaning for every dollar of customer assets it holds, it has roughly another dollar of assets bought with borrowed money.
The council also called for greater customer protection standards and segregation of customer assets, problems that came to light with the recent failures of MF Global and Peregrine Financial Group.
The top securities regulators suggested ways to improve their oversight, including more coordination between the S.E.C. and Finra, third-party custody of customer assets and aligning broker-dealer rules with investment adviser regulations.
"Although we still do not know for certain what caused the significant shortfall in customer segregated funds required to be held at MF Global, any loss of customer assets is entirely unacceptable and the reasons for the deficiency need to be identified".
None of the foreign clients of Customer Asset permit the company to disclose their names, and the offices are scrupulously bare of any reference to non-Indian clients.
"In the U.S., these jobs are taken by housewives or kids who haven't decided what they want to do with their lives," said K. Ghanesh, 39, the founder of Customer Asset.
With frosted glass and funky amber lights playing off the turquoise walls, the offices of Customer Asset look more like a Santa Fe diner than a telephone call center in southern India.
The bank also reported a significant inflow of customers' assets in its private banking unit, something that surprised analysts.
Farmers, ranchers and hedge funds are still missing a third of their money, as Mr. Giddens tries to recover more than $1 billion of customers assets.
