Sentences with phrase «while big banks»

The same site explains that while big banks aren't too keen on helping customers trade Bitcoin and other digital currencies, smaller commercial banks in Germany, Liechtenstein, and Switzerland, welcome this particular type of business.

I was looking at setting up an account and Questrade is offering $ 4.95 — 9.95 no matter what your balance is while the big banks charge 2 - 4x time as much for someone under the $ 50k mark.

Brokerage firms get the money they need by borrowing it in the market, while big banks like J.P. Morgan Chase get a big chunk of their funding from customers who deposit cash in bank accounts.

While big banks can absorb big losses on markets, for some smaller firms, the volatility in the franc proved too much.

And while the biggest banks are certainly government sponsored entities protected from true competition by federal regulation, small banks like Ozarks and Signature represent the private sector.

Smaller banks may offer lower compensation, while bigger banks may provide a higher rate.

Not exact matches

(Scotiabank did, however, start a «digital factory» in 2015, which professed to partner with fintech startups to develop new technologies, and gifted the University of Toronto with $ 1.75 million to study «disruptive technologies,» while several big - bank CEOs acknowledged that AI needed to be harnessed within the industry at a recent conference.)

That's a big reason why Bank of America grew profits nearly 13 % last year even while sales were flat.

«But while it's a hard one to call, they could put an asset test on it — meaning employee stock options would be taxed more heavily for those employees who work for big public companies with a large asset base, like the Big Five banbig public companies with a large asset base, like the Big Five banBig Five banks.

While banks stocks have risen the most dramatically since President Donald Trump's election, the nine biggest Wall Street firms by market capitalization reversed that trend Tuesday.

The bank highlights Toronto as the biggest potential bubble risk, noting that real prices have doubled over 13 years, while real rents and real income have only increased 5 % and 10 % respectively.

While the country's biggest banks have already repaid TARP funds with interest, about 300 community banks have yet to repay their Treasury loans four years after the bailout began.

Janet Yellen will be chair until at least 2018, while other members of the central bank have consistently reiterated their commitment to maintaining intense scrutiny of big banks.

There's plenty of overlap here — many alternative lines of credit break $ 1 million while plenty of bank lines of credit go down to $ 10,000 — but, in general, banks give out bigger loans for cheaper.

Furthermore, after Kassie left CIBC, the bank's reputational hiccups didn't stop, while Genuity quickly attracted big - name clients.

While the economy has rebounded from the Great Recession, Biz2Credit found big banks still only approve about a quarter of the small - business - loan applications.

Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

As competition grows, the big question, according to Pat Minicucci, National Bank's senior vice-president of retail and business banking for central, western and Atlantic Canada, is how the players should try to attract attention while offering products and services that everyone knows «are fairly ubiquitous and similar.»

While Trump has accused Wall Street of trying to ruin the country on the election trail, investors banking on the fact that the next president will be good for nation's biggest lenders.

Puerto Rico isn't big enough to cause systemic damage, and while the situation in China is troubling, the central bank's actions over the weekend at least show that policy makers are on alert.

While all the UK's biggest lenders passed the tests based on their current capital ratios, the Bank of England said that had the test been based on capital positions at the end of 2016, both RBS and Barclays would have been required to take action.

On the other hand, the same survey showed that 42 percent of the fund managers believe central bank policies will be the biggest driver of the dollar this year, while just 11 percent thought trade issues would be.

Yet while it's clear that the banking industry continues to shrink, how big a role Dodd - Frank is playing in the decline is debatable.

While this argument can take many forms, it often centers around two separate concerns: whether community institutions have the economies of scale to go toe - to - toe with the biggest banks; and whether the «too big to fail» crowd has unfair advantages that slants the playing field in their direction.

Republicans have argued the rules went too far and have strangled economic growth, hampering small community banks in particular from making loans while allowing big banks to get bigger.

European regulators are scrutinizing the conglomerate, while one big Wall Street bank, Bank of America, has decided not to do business with bank, Bank of America, has decided not to do business with Bank of America, has decided not to do business with HNA.

Wells Fargo, the fourth - biggest U.S. bank, widened its lead as the biggest originator of home loans in the fourth quarter of 2011, while Bank of America slipped to fourth in the rankings behind JPMorgan and Citigroup Inc (Cbank, widened its lead as the biggest originator of home loans in the fourth quarter of 2011, while Bank of America slipped to fourth in the rankings behind JPMorgan and Citigroup Inc (CBank of America slipped to fourth in the rankings behind JPMorgan and Citigroup Inc (C.N).

While they're at it, break up the biggest banks.

BEIJING / SHANGHAI (Reuters)- China's Big Five state - owned banks posted their fastest first - quarter net profit growth in four years, while their ratio of soured debt remained steady.

In the US, the Volcker Rule has caused banks to shut down their proprietary trading desks, while provisions of the Dodd - Frank Act are causing big FX banks to stop making markets in currencies and to act simply as agents for their customers.

Credit unions, while they do have physical locations, often have fewer locations than a big bank, cutting back on those costs.

Big Japanese banks have gotten involved, investing in bitcoin exchanges or letting them open bank accounts while developing their own related services.

The story showed how Canadaâ $ ™ s biggest bank was using a government program to cruelly exploit defenseless foreign workers while throwing Canadian citizens out of work.

While the Consumer Financial Protection Bureau and other federal initiatives have tried to rein in overdraft fees charged to bank customers, the fees remain big business, especially for big banks.

Educated professionals like scientists and architects could use their skills more productively, while many less - educated workers, like bank tellers and travel agents, saw their jobs being displaced by technology.6 This led to bigger employment shares for high - and low - skilled jobs at the expense of middle - skilled jobs in Canada, along with a modest increase in income inequality.7

Examples include companies that extract natural resources while producing large amounts of pollution and banks that speculate in hopes of big profits but then ask for bailouts if they end up with losses.

Small business loan approval rates at big banks ($ 10 billion + in assets) rose to 20 % in June from 19.6 % in May, while approval rates at small banks slipped to 51.4 % from to 51.6 % last month.

While the spotlight has shone on the dramatic highs and lows of the various cryptocurrency markets like bitcoin, the existing big banks have been making great strides with their ideas for the underlying blockchain technology.

While the economy has rebounded from the Great Recession, Biz2Credit found big banks still only approve about a quarter of the small business loan applications.

While the economy has rebounded from the Great Recession, Biz2Credit found big banks still only approve

While the smaller institutions are drying up along with the TSX Venture, it seems the big Canadian banks are doing just fine; replacing loss in trading revenue with wealth - management profits and investment banking.

CIBC moved into the third spot while Desjardins came in above the other big banks in the review.

It's important to note that while the little guys are shrinking, the big banks are getting bigger.

For the calendar six months United Health, Foot Locker, Omnicare, Lear and CVS Health contributed most while National Oilwell Varco, Oracle, Union Pacific, Glencore and Bank of America were the biggest detractors from return.

As ever, these days some of Berkshire's largest holdings are in famous financials; big bank Wells Fargo is the company's No. 2 stock by market value, while credit card giant American Express (NYSE: AXP) isn't far behind at No. 5.

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.

Quiet overnight in Asia as Japanese markets were closed for a public holiday — China gained 50bp as HIBOR fell — Aussie enters a bull market, climbing almost 1 % as the Big Banks Rallied, while all of EM was in the red as the Greenback caught bid.

And according to a recent report from the Royal Bank of Canada, the market size for cryptocurrency mining will grow only bigger with mining equipment for bitcoin expected to lead the way, with a market size of more than $ 4 billion; while ASIC (application - specific integrated circuit chip)- mined cryptocurrencies such as bitcoin cash are expected to have a market cap of around $ 350 - $ 450 million.

House vote to roll back CFPB rule limiting forced arbitration aids big banks and predatory lenders while stopping ordinary Americans from getting their day in court.

But Krugman has a much bigger puzzle to explain away: if free markets in banking are the problem, why did Canada, which, during this period, had a far less regulated banking system than the US, not experience the panics we did, and why did no Canadian banks fail during the Great Depression while around 9000 US banks did?