Sentences with phrase «as international banks»

Philippine Airlines has a number of credit card partners, allowing you to earn or transfer points with credit cards from most of the larger local banks as well as international banks like HSBC and Citibank cards (reviewed here).
As an international bank, Barclays only has limited offerings for U.S. customers.
And veiled ferocity was required of anyone who hoped to take on the World Bank, formally known as the International Bank for Reconstruction and Development.
One of the attractions of bitcoin and other cryptocurrencies is that it is extremely cheap to carry out a transaction compared with traditional financial systems, such as international bank transfers.

Not exact matches

The Bank of International Settlements, known as the «central bankers» central bank,» seems to share this concBank of International Settlements, known as the «central bankers» central bank,» seems to share this concbank,» seems to share this concern.
Greek Prime Minister Alexis Tsipras flew to Brussels Wednesday to meet his country's creditors: his counterparts at the European Union, the European Central Bank and the International Monetary Fund — otherwise known as the «Troika.»
Organizations such as the International Monetary Fund and the World Bank generally are more optimistic than they have been in years.
Stephen Poloz, governor of the Bank of Canada, right, looks on as Joe Oliver, Canada's finance minister, speaks at a news conference during the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington, D.C., U.S., on Friday, April 11, 2014.
Yet Macron offered momentary comfort to foreign policy veterans of past administrations — the «establishment» Trump has disdained — who fear for the future of institutions such as the North Atlantic Treaty Organization, the International Monetary Fund, the World Bank and the World Trade Organization.
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.
He also served as a senior economist at the OECD in Paris, international economist at the Federal Reserve Bank of New York and taught economics at Columbia Business School.
He also served as a senior economist at the OECD in Paris, international economist at the Federal Reserve Bank of New York and taught economics at Columbia.
As investigators wrap their case against more than a dozen traders involved in the recent LIBOR scandal — which involves executives at Barclays and a growing list of international banks attempting to manipulate the benchmark figure for trillions of pounds» worth of financial contracts — they're revealing a curious fact about how some of the details were leaked in the first place.
And while analysts hailed it as Canada's most international bank, they also worried that it relied too heavily on one country, Mexico, for much of its foreign earnings.
And now the irony: the U.S. and the international banking community, which could learn a few lessons from us, are developing stringent new banking regulations to which our banks have to adhere, and that will make it much harder for them to remain as profitable.
Aramco is also expected to decide as early as next week on the appointment of local and international banks to perform preparatory work for the IPO.
Profits at international bank Standard Chartered grew by a fifth, as it hit $ 1.26 billion before tax thanks to a growth in loan demand.
The maturity of bank branding, as he calls it, is clearly an international trend.
Celebrating his 33rd year as a Bank of Montreal employee in 2016, Downe is the only Canadian member of the International Business Leaders Advisory Council of the Mayor of Beijing.
Viola, based in Herzliya, Israel, said its fintech fund is backed by a number of international banks, including Scotiabank and Bank Hapoalim, as well as insurer The Travelers Companies.
A reserve currency is a foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations.
It pays to check out alliances between international banks, as this can reduce the surcharges.
Lost in that noise is a potentially more significant development that surfaced in March: Canada's largest bank has been named as a defendant by U.S. mortgage giant Freddie Mac for alleged manipulation of LIBOR, the London Interbank Offered Rate, an interest rate benchmark off which international banks lend among themselves.
The fresh numbers come as an international financial group owned by the world's central banks says Canada's credit - to - gross - domestic - product and debt - service ratios show early warning signs of potential risk to the banking system in the coming years.
As the latest Annual Report from the Bank of International Settlements states: «In most advanced economies, the fiscal budget excluding interest payments would need 20 consecutive years of surpluses exceeding 2 % of GDP just to bring the debt - to - GDP ratio back to its pre-crisis level.»
He's spent the morning pooling treasury information from the company's network of 11 international banks as well as its domestic banker, working in concert with financial staffers to reconcile figures and update projections.
«China's economic growth has slowed over the past few years... but economic growth has rebounded this year, with GDP reaching 6.9 % in the first half, and may achieve 7 % in the second half,» Zhou was quoted as saying at the G30 International Banking Seminar in Washington on Sunday.
While most of his proposals — «to abandon the gold standard, let international exchange rates float, use federal surpluses and deficits as macroeconomic policy tools that could counter cyclical trends, and establish bureaus of economic statistics (including a consumer price index) in order to facilitate this effort» — are now conventional practice, his critique of fractional - reserve banking still «remains outside the bounds of conventional wisdom» although a recent paper by the IMF reinvigorated his proposals.
And as commercial banks they are subject to the new rules and regulations, which for starters include: Basel international capital rules, QM, QRM, escrow requirements, balloon mortgages, compliance exams — and the costs that come with each.
A series of events, being co-hosted by the World Bank and WHO on 13 - 14 April, as part of the World Bank Group - International Monetary Fund Spring Meetings in Washington DC, is bringing ministers of finance, development agencies, academic experts and practitioners together to discuss how to put mental health at the centre of the health and development agenda globally and in countries.
Along with established international brands such as Louis Vuitton and Burberry moving in, a crop of homegrown fashion houses has emerged, including Maki Oh, a Nigerian womenswear label that showed at New York Fashion Week in March, has been featured in Vogue and is worn by American singer Azealia Banks.
But Summers, speaking at an event sponsored by the Peterson Institute for International Economics, said the idea that all major US banks would be totally fine if economic and financial conditions deteriorate as sharply as some of the tests posit is simply not credible.
The tense negotiations over Greece's debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika of lenders — the European Central Bank, European Union and International Monetary Fund — in exchange for releasing the next installment of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.
Although the terms «savings account» and «money market account» are found throughout international banking systems, what is understood as a «CD» in the U.S. is similar to what another country might call a term deposit, personal saving certificate and fixed - term deposit accounts.
The worldwide nominal value — also known as the notional or «face» value — of derivatives tripled in the five years leading up to the recession, at which time it was around $ 600 trillion, according to the Bank for International Settlements.
Better coordination is also needed between international financial institutions and multilateral and regional donors such as the World Bank, EBRD and EIB and wealth funds.
Ms. Goldberg joined the Bank in September 1995 as a senior economist in the international macroeconomics department.
A reform to Venezuela's central bank law will allow the country to hold international reserves in a broader range of currencies than before as well as in diamonds and precious metals.
The Institute has hosted CEOs of national and international corporations, federal and provincial premiers, as well as cabinet ministers, leading academics, most Governors of the Bank of Canada and Federal Reserve Bank Presidents.
• The gold industry can be significantly affected by international monetary and political developments, such as currency devaluations or revaluations, central bank movements, economic and social conditions within a country, trade imbalances, or trade or currency restrictions between countries.
Instead, the Committee has been forced to use the economic forecasts from the Bank of Canada, the International Monetary Fund (IMF) and Organization for Economic Cooperation and Development (OECD) as the backdrop for its reports.
Recently, there has been some discussion, prompted by senior staff at the International Monetary Fund (IMF), that central banks might aim for high inflation — say 4 per cent — as a way of giving them more scope to reduce official interest rates in future downturns.
While the benefits of distributed ledgers have been much discussed, Bain concluded that actual tools using blockchain for international payments and trade finance remain in their early stages as banks remain challenged by scaling the technology, along with uncertainties surrounding digital currencies and privacy issues.
Ellis L, M Kulish and S Wallace (2012), Property Market Cycles as Paths to Financial Distress, Property Markets and Financial Stability, Proceedings of a Conference, Bank for International Settlements and Reserve Bank of Australia, Sydney.
Mr. Harris began his career with INA Corporation (now CIGNA) as a member of its international staff and with Fidelcor Inc., a bank holding company.
He served two successful terms as governor of the Bank of Israel from 1991 to 2000, then went to Wall Street and made a small fortune, first as chairman of Merrill Lynch International, then as vice chairman of American International Group, the insurance giant.
Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online / electronic prBanking segment offers commercial loans and lines of credit, letters of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online / electronic prbanking services, as well as online / electronic products.
Trading losses have cost JPMorgan nearly $ 6 billion so far, and scandals such as the alleged rigging of an international interest rate benchmark have only highlighted the risks lurking inside big banks.
In the run - up to the vote, influential and internationally respected publications like the New York Times, the Economist, and the World Economic Forum, as well as figures and organizations including the International Monetary Fund, the World Bank, and former Bank of Canada and current Bank of England Governor Mark Carney, all warned about the disastrous social and economic consequences of a Leave win.
The fund has appointed former Bank of Tokyo - Mitsubishi UFJ director of US convertible security sales Robert Kallish to head up the New York operation as managing director international.
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