Sentences with phrase «as banks so»

They are not subject to the same rules as banks so they can give loans to people with a credit score lower than 600 points.

They are not governed by the same rules as banks so they can be able to service the hard to place loans that were turned away.

They do not have to follow the same rules as banks so if you didn't qualify for a bank loan, private mortgage lenders in Niagara Falls might help.

Why couldn't the Fed and Treasury do for Lehman what they did with other Wall Street investment firms and stock brokers: let it reclassify itself as a bank so it could pawn off its junk mortgages at the Fed's discount window for 100 cents on the dollar, sticking taxpayers with the loss?

The government introduced the green investment bank with great fanfare, but then refused to fund it as a bank so that it couldn't leverage funds from the private sector as any ordinary bank would,

Not exact matches

The so - called merchant category code (or MCC) now in effect treats Visa purchases on Coinbase as cash advances, which come with high fees from banks of as much 10 %.

When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»

I think today it's as the U.S. and China goes, so goes Canada,» says Lindsay Gordon, president of HSBC Bank Canada.

The Bank of Canada routinely describes exporters as generally uncompetitive, so a weaker exchange rate acts as a crutch.

The U.K. takes it so seriously that it invested the Bank of England with the power to deflate any asset - price bubbles that it identifies as threats to the financial system.

As the argument goes, we put guards with guns in banks to stop thieves, so why not use that same strategy to protect our children?

While deposits in checking and savings accounts can be volatile, as people might draw their money out all at once (run on the bank), CDs provide much needed funding stability, so banks are willing to pay a little more.

So while there are certainly arguments to be made in favor of a rules - based Fed over the pure discretion of the current PhD standard, such reform should not be viewed as a solution to the real issue, which is a central bank having a monopoly on money at all.

Y Combinator itself has put out a list of types of startups it would like to see apply to the program (many of them stunningly ambitious), my Inc.com colleague Bill Murphy, Jr. has even uncovered a truly monster list of 1,001 business ideas (though many of them, such as a toothbrush holder with actually big enough holes, are probably not going to make you billions), and I've personally rounded up even smaller business ideas that you can start without so much as a spare $ 100 in the bank.

For the past several months, the chief investment strategist at Bank of America Merrill Lynch warned against the so - called Icarus trade, which he defines as a reversal of the «melt up» seen in stocks since early 2016.

So Nevsun did precisely as the Canadian government suggested: it subscribed to an array of voluntary CSR codes, particularly that of the World Bank's International Finance Corp., and hired a consultant to draw up procedures to meet those obligations.

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

Mogo (TSX: GO) is part of a wave of so - called fintech companies that see themselves as disrupters of the stodgy old banks.

It goes like this: first of all, the bank is constantly scanning the horizon for smoke signals, looking for possible incipient trouble in big banks as well as the so - called «shadow banking system» (non-bank institutions that perform some bank - like functions) and trading information with other regulators.

Talk of rate hikes are in the air Wednesday after minutes from the Bank of England's last meeting showed two out of nine board members voted for a rate hike as early as this month, the first time in three years that policymakers have done so.

A number of financial firms created money market funds, which weren't actual banks so they could pay as high interest as they wanted.

GDP was so strong to start the year that the Bank of Canada likely will have to raise its growth estimates for the first quarter from the current 1 % to as much as 3 %.

And as populist sentiment has spread in the West, so has the allure of a decentralized currency outside the grasp of governments and banks.

The U.S. bank had approached Scotia about selling itself, and so, masquerading as real estate consultants, the Canadians visited the bank's branches across several states.

Age - old institutions such as the Royal Bank of Scotland and Northern Rock in the United Kingdom were so badly mismanaged that they became wards of the state.

In checks on the financial strength of the country's four main banks - National Bank of Greece, Piraeus, Alpha Bank and Eurobank - the ECB determined that even if the economy performs as forecast, the banks would need almost 4.4 billion euros ($ 4.8 billion) and more than 14 billion if it performs worse than expected, in a so - called «adverse scenario».

If you miss payments, you will need to work with your bank to adjust your payment schedule so you can maintain both daily operations and loan obligations as much as possible.

However, Poloz said he still believes growth will be above the so - called two per cent potential and approach 2.5 per cent in both 2014 and 2015 — as the Bank of Canada said in its January forecast.

So have bank managers gone crazy as well?

The Bank of Canada is a conscientious objector when it comes to releasing minutes of its policy debates, even as most of its peers now do so.

It can also be that you're overpaying your low performers so that, try as they might, they can't find somewhere that can fill their bank accounts.

To be fair, stock - based compensation isn't new — and it's used in many industries like banking, tech, and media — so it's not as if how Tolstedt was paid is out of the ordinary.

The «value - add» of going private isn't so much less disclosure as it is less short - term scrutiny by bank analysts and hedge fund managers,

Stumpf has long lauded cross-selling as a reason the bank had been so successful (as Warren brutally pointed out by reading transcripts of earnings calls in which Stumpf touted the tactic).

The terms could be written so that the bank could convert some of its equity in the home to debt as good times returned.

«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital currency for the same reason — by doing so, transactions can be automated and guaranteed without recourse to third parties, such as a bank.»

If there's a silver lining, the Bank of Canada's commodity price index appear to have levelled off since March, so the GDI news in 2015Q2 doesn't look like it will be as bad as it was in 2015Q1.

Cash: Cash rates started out 2011 at intergenerational lows, and there were no changes in administered rates, such as the target overnight bank rate, to give them any kind of a boost, so they remained low throughout.

The literature on how to build a company from $ 0 or so is as slender as a bootstrapper's bank account.

No bank will be buying shares from the company and then selling them to the public, as is typically done in an IPO, so there will be no initial «price.»

NEW YORK, Nov 28 - The Federal Reserve faces the challenge of standing by as financial markets «correct» as the central bank trims its asset holdings, U.S. hedge fund manager David Tepper said on Tuesday, adding he was surprised the bond - yield curve was so flat.

This is separate from the so - called FBAR (Foreign Bank and Financial Accounts) reporting, which is not filed as part of your tax return.

Yet as the economy has gradually improved, so has bank lending to small businesses.

So there's that, and the worry would be that future issues with any European bank could be resolved in an as - yet - unknown way with respect to which bondholders take losses and which don't.

Bullard, who has criticized the Fed's communications strategy as being too confusing for the public, said he was surprised the gap in expectations between the central bank and markets remained so wide.

«Central banks have largely lost their power to ease... We now have a situation in which we have largely no spreads and so as a result the transmission mechanism of monetary policy will be less effective.

Of these, fully half involve creating a new governmental or quasi-governmental agency (such as the Canada Infrastructure Bank), while the remaining are so ambiguous as to be potentially meaningless (for example, creating a foreign direct investment strategy «in line with the country's economic growth strategy»).

But some banks — like Ally Bank, Synchrony and Barclays — are offering 1 percent or more as of early March, so it's worth shopping around.

So while there is no doubt that Sanders» plan of putting a cap on the size of any given bank (perhaps tied to a firm's assets as a percentage of GDP) would be bad for those at the top, it might not spell bad news for the industry as a whole.

We don't have assets to serve as collateral for banks to seize, so we had to find a bank that could take the time to understand our business and tailor a funding approach to what we do.»