Sentences with phrase «financial credit crisis»

Not exact matches

They're also a potentially important move for banks, which have been criticized for moving too slowly to provide credit to small businesses in the wake of the financial crisis.
Alliance Data's Ed Heffernan is credited for keeping the company afloat and optimistic in the aftermath of the financial crisis.
Historically, credit markets dry up first in a financial crisis, and equity markets follow.
CEO Leah Busque credits her fiscal restraint to the company's beginnings during the financial crisis.
Corporate America has operated in crisis mode since the 2008 financial panic, accumulating cash as a brace against further turmoil similar to the credit implosion.
Since the financial crisis, easy credit has certainly boosted US auto sales.
Then the credit crisis erupted in 2008 and the company's bank, under financial pressures, reined in the New York City firm's revolving credit line.
Even the most popular explainer in recent years of the financial crisis — «The Big Short» — had to employ non sequiturs with celebrities explaining ideas like mortgage - backed securities and credit default swaps to communicate how it happened.
The often blunt CEO of JPMorgan Chase rose up the ranks of Wall Street and, after being ousted from Citigroup by former CEO Sandy Weill, later went on to the top job at JPMorgan and is credited with leading the bank through the financial crisis relatively unscathed compared to other banks.
Moreover, Treasuries are quite sensitive to rate increases, and Ms. Jones found that the credit quality of the corporate bonds in the index had decreased since the financial crisis.
«After a nine - year bull market, (short selling) was like swimming upstream,» said conference organizer Whitney Tilson, who credits short - selling with saving his own hedge fund during the 2007 - 2009 financial crisis.
Monti was widely credited with tightening Italy's public finances and restoring its international credibility after the scandal - plagued Berlusconi, whom he replaced as the 2011 financial crisis threatened to spin out of control.
This cycle was partly caused by the explosion of credit in the wake of the 2008 global financial crisis.
The buffer is put in place to ensure that lenders do not get themselves into the same positions that they did during the financial crisis, protecting themselves from debt going bad and triggering another credit crunch.
Lending data for September, which were published earlier Thursday, are also likely strengthen the ECB «s confidence, as they showed bank credit to Eurozone companies and households growing at the fastest pace since the start of the financial crisis.
He's credited with one of the greatest investments of all time in his risky buyout of petrochemicals maker LyondellBasell, which he purchased out of bankruptcy amid the financial crisis for north of $ 2 billion.
While credit spreads and leading indicators appear to be fairly well behaved, many have noted the sinister looking shape of the yield curve, near its flattest level since before the global financial crisis (see the chart below).
December 2009 (1967 kb PDF file): The Q&A in this issue features seven questions about political influence and the financial crisis (by Deniz Igan, Prachi Mishra, and Thierry Tressel); research summaries on «Credit Conditions and Recoveries from Financial Crises» (by Prakash Kannan) and «Inflation Targeting in Emerging Economies» (by Turgut Kýþýnbay); the contents of the latest issue of IMF Staff Papers; a listing of visiting scholars at the IMF during October — December 2009; and listings of recent IMF Working Papers and Staff Positfinancial crisis (by Deniz Igan, Prachi Mishra, and Thierry Tressel); research summaries on «Credit Conditions and Recoveries from Financial Crises» (by Prakash Kannan) and «Inflation Targeting in Emerging Economies» (by Turgut Kýþýnbay); the contents of the latest issue of IMF Staff Papers; a listing of visiting scholars at the IMF during October — December 2009; and listings of recent IMF Working Papers and Staff PositFinancial Crises» (by Prakash Kannan) and «Inflation Targeting in Emerging Economies» (by Turgut Kýþýnbay); the contents of the latest issue of IMF Staff Papers; a listing of visiting scholars at the IMF during October — December 2009; and listings of recent IMF Working Papers and Staff Position Notes
«Responsible lending by community banks and credit unions did not cause the financial crisis, and our mortgage rules reflect the fact that small institutions play a vital role in many communities,» CFPB Director Richard Cordray said in a press release.
While junk bonds may not represent a systemic risk as credit derivatives did during the financial crisis, they can be one of the more effective leading economic indicators.
Neither Harper nor Carney can take credit for Canada's strengths going into the crisis, and they can't be blamed for the financial meltdown that caused the crisis.
Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.
Many central banks, especially during the most acute phases of the crisis, also employed policies known as «credit easing,» which involves purchases of private sector assets in certain credit markets that are important to the functioning of the financial system but are temporarily impaired.
Jim Flaherty on Stéphane Dion on the U.S. financial crisis: The American credit crunch did not start two weeks ago.
But a good credit score also can act as a lifeline in a time of hardship or financial crisis.
The theory is that the credit crisis in the United States might have been avoided if a central authority had seen the systemic danger posed by Wall Street's aggressive selling of securities backed by subprime loans and other complex financial products.
«Now as we all know, credit unions were not a primary cause of the financial crisis.
In so doing, this flow of saving helped to fuel a credit boom and risk - taking in major advanced economies, particularly in the United States, thereby sowing the seeds of the global financial crisis.
The second was in 2008, when the financial crisis caused a credit crunch and a worldwide recession.
Many economists recognize the credit crush of 1966 as the first significant post-war financial crisis.
This pales in comparison to credit default swaps, which had a notional value that was 100 % of global GDP prior to the 2008 financial crisis.
Obviously this set of scenarios — in which GDP grows on average at rates between 3 % and 6 % for ten years while credit efficiency is improved so dramatically that in 5 - 6 years China begins to deleverage and by the end of the period these growth rates can be maintained with no growth in credit — is theoretically possible, but just as obviously it is highly implausible, and I can not think of any country in history that has achieved such a turnaround in its financial sector without having first experienced a brutal financial crisis.
But that fall, the credit crisis hit with a vengeance as Lehman Brothers failed and banks all over the world faced financial crises.
And number three, frankly, was mainstream because many people overreached in their homes because there was easy money and easy credit before the financial crisis.
Reflecting on the 10 years since the credit crunch and subsequent global financial crisis, David Craig explains:
In that role he was credited with steady handling of Canada's economy during a financial crisis that took its toll on other G8 and G20 nations.
After the financial crisis, global bank regulatory bodies established a number of new banking regulations which are having important effects on the credit machine.
It's a challenge for Canadians still struggling to cope with the record amounts of consumer debt they amassed after the 2008 financial crisis because lenders use their prime rate as a benchmark for setting some other short - term rates including variable - rate mortgages and lines of credit.
This led to a continuing squeeze of credit spreads and increased issuance of riskier bonds, a phenomenon reminiscent of the exuberance prior to the global financial crisis.
However, since the financial crisis, an increase in regulation and accountability has forced many banks to repair their balance sheets, tighten their credit policy and adhere to a more punishing regulatory environment.
Knowing what we do now, with the financial crisis supposedly behind us, would you say that current regulations in place for our credit, lending and investment industries are sufficient and satisfactory enough to prevent consumers from doing this much financial damage to themselves?
In other words, a 750 credit score coming out of the financial crisis counts for more it did ten years ago.
While no one is expecting a new peak in trading like the ones that occurred in 2009 and shortly before the financial crisis, the trading desks of the biggest U.S. banks are expected report revenue as much as 5 % higher than a year ago, say analysts at Credit Suisse.
Financial news has been bleak as of late, with the credit crisis and the collapse of Bear Stearns rocking the real estate world.
The global financial crisis which occurred about a decade ago is credited with inspiring the invention of Bitcoin (BTC).
(It is worth noting that both the Credit Suisse ETN and the ProShares ETF began trading after the 2008 financial crisis.
As esoteric as the term may be outside of corporate boardrooms, among central bankers forward guidance has become Carney's trademark invention, and is credited for much of the country's strong economic performance throughout the financial crisis.
China's credit rating was downgraded one notch to A + by ratings agency Standard & Poor's (S&P), which cited increased economic and financial risks, following the significant rise in the country's debt levels since the global financial crisis.
In» 08, the derivatives and credit markets were locked up that's how got the great financial crisis.
The credit crunch and ensuing financial crisis left a legacy of heightened cost efficiency measures.
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