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The bank's investment management group used a collection of 11 of its mutual funds to buy into pre-offering shares of Zynga in February, when it paid $14 a share on behalf of its investor clients.
In Connecticut, Attorney General Richard Blumenthal said the state had told Anthem it expected to receive a share on behalf of state employees and Medicaid recipients covered by Anthem.
ProfAvinash Persaud says high frequency traders and hedge funds are abusing something known as intermediary relief, which exempts someone from stamp duty if they are buying a share on behalf of someone else.
And the profits of American companies suffer when foreign earnings are translated into dollars; estimates for profits growth this year have been revised down from 9.1% to 2.1% in recent months.If European QE is to be positive for the world, rather than just the euro zone, then it has to revive demand, not merely grab market share on behalf of the continent's exporters.
The leadership would set aside campaigning to encourage their members to engage, experiment, learn and share on behalf of the institution.
Users have complete control over what they share or don't share, but the more content you share on behalf of your brand partners, the more likely they are to blast out your content.
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The subsidiary now holds around 2.7 million shares on behalf of one or more large investors, indicating a large divestiture.
Last December, Morgan Stanley Securities Ltd., a British subsidiary of the American investment bank, held the largest position in BetOnSports, around 12 million shares, on behalf of one large investor.
There is also, they say, a culture of nominee shareholders — when one person holds shares on behalf of someone else — that is difficult for even the most seasoned lawyers and accountants to penetrate.
And I think what you're interested in is that in the background of these deals was the presumption, shared on behalf of the lobbyists on the one side and the White House on the other, that the public option was not going to be in the final product".
Failing to borrow shares on behalf of customers is illegal because of concerns about market manipulation.
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