Sentences with phrase «bank during a financial year»

The law states that if you earn more than Rs 10,000 in interest income from a bank during a financial year, the latter has to deduct tax at source.

Not exact matches

A report by the U.S. Government Accountability Office last year found the six largest financial companies, including Bank of America, Citigroup and Wells Fargo, lost nearly $ 16 billion in their proprietary trading units in just over 12 months during the crisis.

Mnuchin is the son of a Goldman Sachs banker, and he worked at the financial institute himself for 17 years, leading the mortgage - lending department during his time at the bank.

Although the banks say the moves would be legal procedures that would have a minimum impact on their operations and jobs in Scotland, their warnings intensified concerns about an independent Scotland's ability to retain businesses — particularly during the months of financial uncertainty that would follow a vote to break the 307 - year union with England.

During periods of adverse changes in general economic, industry or competitive conditions, such as we experienced in calendar years 2008 and 2009, some of our vendors may experience serious cash flow issues, reductions in available credit from banks, factors or other financial institutions, or increases in the cost of capital.

Vikram Pandit, who ran Citigroup Inc. during the financial crisis, said up to 30 percent of banking jobs could disappear within the next five years due to developments in technology, in a 2017 interview with Bloomberg television.

Its absurdly high weighting to banks and resources companies meant that it underperformed an equal weighted index by some 7 per cent during the past financial year.

Hayek's belief that the pre-Fed US system did not restrain credit creation firmly enough is understandable in light of the five financial panics during the fifty years of the federally regulated «National Banking system» that prevailed between the Civil War and the First World War.

The Bank also made substantial use of foreign exchange swaps during the past few months to manage domestic liquidity, though in net terms the swap position (at $ 30.1 billion) has not changed much since the start of the financial year.

Border Biscuits, which generated more than # 14.5 m in annual sales volume during its previous financial year, has been associated with Clydesdale Bank since 2013.

Time for some brutal honesty... this team, as it stands, is in no better position to compete next season than they were 12 months ago, minus the fact that some fans have been easily snowed by the acquisition of Lacazette, the free transfer LB and the release of Sanogo... if you look at the facts carefully you will see a team that still has far more questions than answers... to better show what I mean by this statement I will briefly discuss the current state of affairs on a position - by - position basis... in goal we have 4 potential candidates, but in reality we have only 1 option with any real future and somehow he's the only one we have actively tried to get rid of for years because he and his father were a little too involved on social media and he got caught smoking (funny how people still defend Wiltshire under the same and far worse circumstances)... you would think we would want to keep any goaltender that Juventus had interest in, as they seem to have a pretty good history when it comes to that position... as far as the defenders on our current roster there are only a few individuals whom have the skill and / or youth worthy of our time and / or investment, as such we should get rid of anyone who doesn't meet those simple requirements, which means we should get rid of DeBouchy, Gibbs, Gabriel, Mertz and loan out Chambers to see if last seasons foray with Middlesborough was an anomaly or a prediction of things to come... some fans have lamented wildly about the return of Mertz to the starting lineup due to his FA Cup performance but these sort of pie in the sky meanderings are indicative of what's wrong with this club and it's wishy - washy fan - base... in addition to these moves the club should aggressively pursue the acquisition of dominant and mobile CB to stabilize an all too fragile defensive group that has self - destructed on numerous occasions over the past 5 seasons... moving forward and building on our need to re-establish our once dominant presence throughout the middle of the park we need to target a CDM then do whatever it takes to get that player into the fold without any of the usual nickel and diming we have become famous for (this kind of ruthless haggling has cost us numerous special players and certainly can't help make the player in question feel good about the way their future potential employer feels about them)... in order for us to become dominant again we need to be strong up the middle again from Goalkeeper to CB to DM to ACM to striker, like we did in our most glorious years before and during Wenger's reign... with this in mind, if we want Ozil to be that dominant attacking midfielder we can't keep leaving him exposed to constant ridicule about his lack of defensive prowess and provide him with the proper players in the final third... he was never a good defensive player in Real or with the German National squad and they certainly didn't suffer as a result of his presence on the pitch... as for the rest of the midfield the blame falls squarely in the hands of Wenger and Gazidis, the fact that Ramsey, Ox, Sanchez and even Ozil were allowed to regularly start when none of the aforementioned had more than a year left under contract is criminal for a club of this size and financial might... the fact that we could find money for Walcott and Xhaka, who weren't even guaranteed starters, means that our whole business model needs a complete overhaul... for me it's time to get rid of some serious deadweight, even if it means selling them below what you believe their market value is just to simply right this ship and change the stagnant culture that currently exists... this means saying goodbye to Wiltshire, Elneny, Carzola, Walcott and Ramsey... everyone, minus Elneny, have spent just as much time on the training table as on the field of play, which would be manageable if they weren't so inconsistent from a performance standpoint (excluding Carzola, who is like the recent version of Rosicky — too bad, both will be deeply missed)... in their places we need to bring in some proven performers with no history of injuries... up front, although I do like the possibilities that a player like Lacazette presents, the fact that we had to wait so many years to acquire some true quality at the striker position falls once again squarely at the feet of Wenger... this issue highlights the ultimate scam being perpetrated by this club since the arrival of Kroenke: pretend your a small market club when it comes to making purchases but milk your fans like a big market club when it comes to ticket prices and merchandising... I believe the reason why Wenger hasn't pursued someone of Henry's quality, minus a fairly inexpensive RVP, was that he knew that they would demand players of a similar ilk to be brought on board and that wasn't possible when the business model was that of a «selling» club... does it really make sense that we could only make a cheeky bid for Suarez, or that we couldn't get Higuain over the line when he was being offered up for half the price he eventually went to Juve for, or that we've only paid any interest to strikers who were clearly not going to press their current teams to let them go to Arsenal like Benzema or Cavani... just part of the facade that finally came crashing down when Sanchez finally called their bluff... the fact remains that no one wants to win more than Sanchez, including Wenger, and although I don't agree with everything that he has done off the field, I would much rather have Alexis front and center than a manager who has clearly bought into the Kroenke model in large part due to the fact that his enormous ego suggests that only he could accomplish great things without breaking the bank... unfortunately that isn't possible anymore as the game has changed quite dramatically in the last 15 years, which has left a largely complacent and complicit Wenger on the outside looking in... so don't blame those players who demanded more and were left wanting... don't blame those fans who have tried desperately to raise awareness for several years when cracks began to appear... place the blame at the feet of those who were well aware all along of the potential pitfalls of just such a plan but continued to follow it even when it was no longer a financial necessity, like it ever really was...

Among a range of experiences during the past decade, She has co-founded a trust providing free medical services in Bangladesh, worked in the Research Department of the Central Bank of Turkey in Ankara, and spent two years in financial research at Morgan Stanley in New York City.

Financial records filed in the secretive tax haven of Cyprus, where Paul Manafort kept bank accounts during his years working in Ukraine and investing with a Russian oligarch, indicate he was in debt to pro-Russia interests by as much as $ 17 million before he joined Trump's presidential campaign in March 2016.

British banks increased their exposure to foreign individuals and companies during the booming financial markets of the last few years, a practice which raised few eyebrows at the time.

Members can also become certified millionaires by submitting financial information in the form of a tax return from the previous financial year that illustrates earnings of over $ 150,000 US dollars, a bank statement showing earnings of over $ 150,000 during the current financial year or documents proving net assets — after deducting all liabilities — of over $ 1 million.

«I do think blockchain is a massive opportunity,» Linda Mantia, executive vice-president of digital, payments and cards at Royal Bank (TSX: RY), said during a panel discussion on financial disruption in Toronto late last year.

Its absurdly high weighting to banks and resources companies meant that it underperformed an equal weighted index by some 7 per cent during the past financial year.

One «financial advisor» at my bank today told me that if you invest $ 5000 on Jan 1 and then withdraw some during the current year, whatever you withdraw can not be replaced until the next year when it is added to your contribution room.

This positive sentiment change is likely supported by the Canadian banks» performance during the financial crisis, combined with years of a harsh U.S. regulatory environment, particularly against the largest banks (in stark contrast to Canada, which arguably has the most pro-bank regulator globally).

«No one gets rich by saving in the bank,» said Byrke Sestok, a certified financial planner and president of Rightirement Wealth Partners in White Plains, N.Y. «If you have 30 years before retirement and 30 years during retirement, then you have the time to participate heavily or totally in the stock market, and ignore the big drops and focus on the fact that stocks have historically proved to be a better - performing asset class over bonds and cash.»

It is five years since the SFO began investigating the bank's fundraising during the 2008 financial crisis.

It also requires US holders of a financial interest in or signatory authority over foreign financial accounts (including crypto denominated accounts) to file a foreign bank account report titled FinCEN 114 if the aggregate value of the foreign financial accounts exceeds $ 10,000 at any time during the calendar year.

During August of last year, Turkey's sole bitcoin exchange, BTCturk, announced that it would cease operations due to its inability to find a banking partner — suggesting that despite bitcoin's legal status within Turkey, domestic financial institutions are hesitant to partner with cryptocurrency businesses.

A Financial Sector Tripartite Committee (FSTC) has been set up to oversee the efforts, the MAS and NTUC announced on Wednesday (Feb 17) during the Lunar New Year lunch hosted by the Association of Banks in Singapore (ABS).

The Justice Department has secured settlements worth tens of billions of dollars during the past two years from mortgage lenders and banks it blamed for the 2008 financial crisis.

During his last five years with the U.S. Secret Service, John was a member of the Department of Justice New England Financial Crimes Task Force investigating bank fraud.