25. Subsequent Events.
The Company has evaluated subsequent events for adjustment to or disclosure in the consolidated financial statements through the date of this report and the Company has not identified any recordable or disclosable events, not otherwise reported in these consolidated financial statements or the notes thereto, except for the following:
Common Dividend.
On January 17, 2014, the Company announced that its Board of Directors declared a quarterly dividend per common share of $0.05. The dividend is payable on February 14, 2014 to common shareholders of record on January 31, 2014.
Long-Term Borrowings.
Subsequent to December 31, 2013 and through February 10, 2014, the Company's long-term borrowings (net of issuances) decreased by approximately $2.2 billion. This amount includes the Company's issuance of $2.8 billion in senior debt on January 24, 2014.
Legal Matters.
On February 4, 2014, and subsequent to the release of the Company's 2013 earnings on January 17, 2014, legal reserves were increased within the Institutional Securities business segment, related to the settlement with the Federal Housing Finance Agency (see Note 13).