Sentences with phrase «merlino said banks»

«Provided the Fed conveys a steady - as - she - goes approach and it isn't seen to be back tracking - and there is no reason from the data why it should - the dollar should be consolidating and pushing on from this level,» said Bank of New York Mellon senior currency strategist Neil Mellor.

Some congressional Republicans say the bank is an emblem of crony capitalism and is just a pork give - away to large businesses.

Mark Gallagher, senior market manager for Silicon Valley Bank, says the bank joined for more «serendipitous» encounters with prospects and clients.

The newspaper's sources also say the banks have formed a consortium and hired consultancy McKinsey & Co. to develop an additional security protocol for Apple Pay.

In April, Poloz said the Bank of Canada was, «decidedly neutral» on the question of whether the most likely path for interest rates was higher or lower.

JPMorgan's Dimon, for instance, said his bank was exploring the used of blockchain technology, even if he doesn't believe bitcoins are here to stay.

Monetary tightening across the emerging markets is partly to blame, says the bank, as central banks try to keep inflation under control.

Robert Walker, vice-president of ethical funds and ESG Services at NEI Investments, says banks are recognizing the need for fair compensation.

Dimon also said the bank may not give intra-quarter guidance in the future.

HSBC Holdings Group Chairman Mark Tucker says the bank's strategy is working, but there's always room for improvement.

Ian Sexsmith, portfolio manager at Parnassus Investments, says banks» prices don't reflect the potential impact of more consumer lending and lower default rates in a strong economy — a mismatch that's creating some enticing bargains.

Conor Muldoon of Causeway Capital Management says the bank is benefiting from a cost - cutting campaign that involved closing branches and making big tech investments — one that's helping it expand more profitably in new markets.

In Sweden, one of the Riksbank's deputy governors said the bank should start planning for how to deal with the end of its quantitative easing program.

«The banks have no interest in financing small business unless they are 100 % secured on company assets, personal insurance and guarantees,» said a Bank of Montreal client based in Saint - Laurent, Quebec.

Glen Gowland, Scotiabank's senior vice-president and head, asset management, said the bank takes its regulatory responsibilities seriously.

You never overreact to a single data point,» said Bank of England Governor Mark Carney.

Wheeler said the bank would do what was necessary to get inflation back in the target range and left the door wide open for additional stimulus.

In a Bloomberg Television interview last month, he said his bank didn't need a bitcoin strategy yet because the digital currency is still just developing and volatile.

The Fed has been a target of some conservative critics in the U.S. Congress, who say the bank risked sparking inflation with its easy monetary policies in response to the global financial crisis.

Takuji Okubo of Japan Macro Advisors says the Bank of Japan could pursue new easing measures if it really aims for sustained 2 percent inflation.

Although acknowledging potential leverage risks, he said banks have room for growth and improved efficiency.

«It is strange how close we are to a new Cold War,» says banking and media tycoon Alexander Lebedev (Britain's Independent and Evening Standard newspapers are among his vast holdings), who was a KGB spy in the 1980s during the real Cold War.

Wells Fargo, the country's second - largest issuer of private student loans, said the bank does not accelerate debt repayment on the student customer when the co-signer dies or files bankruptcy.

Minneapolis Fed President Neil Kashkari, also speaking in Chicago on Saturday, said some banking regulations could tighten under Trump in order to prevent future bailouts.

Forty - two percent of respondents said banks were not lending to their types of business, and nearly half of companies said they did not apply for bank loans because they did not think they would be approved.

In a YouTube video, CBA's acting head of retail banking services, Angus Sullivan, said the bank found in May 2016 it had lost two magnetic tapes containing 15 years of data on customer names, addresses and account numbers for 19.8 million accounts.

The processor said the bank «identified» the transactions as payments for products that are prohibited, but did not give many other details.

Finucane said Bank of America also won't underwrite securities issued by manufacturers of military - style guns used by civilians.

As for the first condition, outgoing governor Mark Carney announced on April 17 that the Bank of Canada was yet again keeping its overnight rate at 1 % and said the bank was pushing back its own projections for the economy's recovery to «full capacity» to mid-2015.

It also helps justify Goldman Sachs» decision to pause buybacks for the second quarter, with Chavez saying the bank will use earnings to support future investments.

Experts said the Bank of Canada's statement also raises other arguments to help support a wait - and - see approach with the interest rate.

TD Bank economist Leslie Preston says the bank is forecasting the WTI - Brent gap to close by 2014 or 2015, with WTI trading for about $ 100 / barrel by 2013.

Stumpf said the bank had moved up the date that it would end controversial sales goals for retail employees from the end of the year to Friday.

About half the economists surveyed by Bloomberg News now say the Bank of Canada will drop its benchmark interest rate a quarter point to 0.5 % today.

McKenna said the bank is already collaborating with the university and will begin investing the money and developing office space in the coming year.

Barry Diller staunchly defended JPMorgan Chase, saying the bank had handled itself «quite well» in the face of relentless pressure.

«It seems that long before July they made a decision to sell it because the focus of the letters seemed to shift from conformance to divestiture,» said a banking lawyer who reviewed the letters but was not authorized to speak to the press.

Nargolwala, who became chairman of the compensation committee in April, said the bank decided to simplify its compensation policy after talks with investors.

Pay consultants and recruiters say banks need such flexibility because heightened regulatory burdens make positions on bank boards less attractive than in other sectors.

Poloz said the Bank of Canada would not only need to recalibrate its models, and also reconsider what it thought it knew about the way economies work.

ECB executive board member Benoit Coeure said the bank was working hard to prevent public expectations about inflation from becoming entrenched «on either side» — neither too high nor too low.

Krupa says the bank is hoping to win more business with existing clients, as well as close some gaps where it does some business with clients but not other bits of business.

«It forces you to think about the totality of your work, not just what you're doing today or tomorrow,» says Banks.

He said the bank is still considering «the exact mix» of its buyback program, which would determine what happens to dividend increases in the coming quarters.

One of them made headlines on Thursday — «Jamie Dimon Says His Banks Could Lose $ 4 Billion in China.»

CEO Jamie Dimon said his bank was pulling back, and may ditch completely, FHA lending, a key government program meant to promote homeownership.

«Pipeline approval delays have imposed clear, demonstrable and substantial economic costs on the Canadian economy,» said bank chief economist Jean - Francois Perrault in a report Tuesday.

Experts say the banks announced their contingency plans to avoid further risks to themselves as well as the market.

Lloyds said it was confident of being able to deliver a progressive and sustainable ordinary dividend in 2016, but Greenwood said the bank might reconsider its special dividend promised for the end of the year in order to fund the deal.

Speaking just across the river from Boston, Dimon said the bank planned to open...