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Hedge funds want hot issues, structured derivatives, margin, stock-lending for short sales and the equivalent for fixed-income, clearing and settlement, customer support and marketing.
Under the proposed settlement, customer lists can be sold, but only if those on the lists are informed and given a chance to object.
In the meantime, it's highly likely that a debt settlement customer will be subject to aggressive calls from bill collectors.
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Under the settlement, customers can have their premiums determined based on a new formula, Allstate said.
MAALE ADUMIM, West Bank — From the deck of a new cafe at the edge of this sprawling Jewish settlement, customers gaze out at a large patch of desert that is the latest point of contention in the Israeli-Palestinian conflict.
Under the settlement, customers who were overbilled will get credit for the excessive charges.
If the court OKs the settlement, customers affected by the overbilling will receive letters detailing how much money they are owed within 90 business days, Merriman said.
Purseus intends to harness the banks' own message system, SWIFT, to speed up the settlement of customer payments between banks.
"We've looked at many scenarios, including where one or more countries decides to redenominate," said Roger Griffith, who oversees global settlement and customer risk for MasterCard.
Goodrich, based in Charlotte, N.C., said the settlement covered customer warranty issues and other contract claims for products made by Northrop's TRW Aeronautical Systems unit.
We'll continue to add things – by the WAC acquisition, we added settlement and customer care," he says.
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