Sentences with phrase «bank run by»

There is also the matter of a great sum of money in a local bank run by Tommy Brue (Willem Dafoe).

He has a sort of Robin Hood complex, and while infiltrating a large bank run by a multinational corporation, he mistakenly interrupts a different mission by B.R.O.T.H.E.R.H.O.O.D., an acronym (what it stands for is never revealed) for a group looking to stop The Man.

New York prosecutors have demanded records relating to up to $ 16 million in loans that a bank run by a former campaign adviser for Trump made to former campaign chairman Paul Manafort.

As it did on the Peet's deal, BDT Capital Partners, the merchant bank run by a former Goldman Sachs rain maker, Byron D. Trott, advised Benckiser and will make a minority investment as well.

For example, Marcus, the online bank run by Goldman Sachs, currently offers a five - year CD for 2.60 percent.

Not exact matches

The 81 - year - old government - run financial institution, known as the Ex-Im Bank, provides much - needed to support to exporters through guaranteed loans and credit insurance, and by its own reckoning, it has returned $ 7 billion to the U.S. Treasury over the last 20 years.

But the Bank of Canada is beginning to believe that the signal being sent by this year's run of strong economic data is real.

The Russian - Canadian real estate developer was caught up in the federal investigation into Trump's ties to Russia after it was discovered that Shnaider received hundreds of millions of dollars by a Russian state - run bank which may have helped pay for building the Trump Tower in Toronto.

According to The Future of Business survey conducted by Facebook in collaboration with the World Bank and the Organization for Economic Cooperation and Development, 42 percent of businesses polled said that learning from one other is one of the main ways they figure out how to run a business in a mobile - first economy — second only to Googling it.

That means Goldman's project is on track: People familiar with the bank's plans said late last year that firm aimed to have its new business running by the end of June.

That investigation was a routine piece of compliance after Trump became what banks» internal money - laundering police call a «politically exposed person,» or PEP, by announcing his run for the presidency.

Indeed, the evidence I reviewed does not support the view — expounded by the new Bank of Japan management — that by buying more longer - dated securities (i.e., running printing presses a bit faster) will boost upward pressures in labor and product markets to bring stronger economic growth and an inflation rate of 2 percent.

They are probing Societe Generale SA over allegations of bribery related to the bank's work with the Libyan Investment Authority, while Airbus SE reportedly risks a fine in excess of $ 1 billion in a case also run by U.K. watchdogs.

The bank aims to get the business running by the end of June, if not earlier, two of the people said.

«The only way you can make matters worse,» says Ballentine, «is by keeping the business loan and your home mortgage at the same bank, which might impose a «cross-default» mechanism on you — so that both loans automatically go into default if you run into problems with either one of them.»

The first followed the Panic of 1837, which triggered downturns in states that had invested in canals and railroads, or that had insolvent state - run banks (this latter problem is echoed by Puerto Rico, whose Government Development Bank is in deep trouble).

The notice, which calls on local authorities to «create and refine platforms for exposing defaulted borrowers» by the end of the year, was jointly issued by China's Supreme People's Court, the Chinese Communist Party's Publicity Department and the China Banking Regulatory Commission, according to the state - run Xinhua News Agency.

Despite more than paying for itself — by its own reckoning, Ex-Im Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on guaranteed loans and credit insurance — the 80 - year - old government - run financial institution is a sunset agency.

The San Francisco based startup is one of the largest companies known as peer - to - peer lenders and runs a website where consumers can apply for loans that are either funded by individual investors or by institutions such as banks.

The Kushners put up $ 500 million and borrowed the rest from banks and partner Vornado Realty Trust, a publicly traded company run by Steve Roth.

If they thought otherwise, then we would already see a run on the banks as people took their money out before it was threatened with devaluation by a euro exit.

Just over a month ago Barclays, Credit Suisse, Canadian Imperial Bank of Commerce, HSBC, MUFG, and State Street joined UBS and BNY Mellon in a project to launch a cryptocurrency — the «utility settlement coin» — set for a limited back - end run by 2018.

But there's a story about Schultz that suggests he's less Machiavelli than mensch — told by Billy Etkin, 55, who runs a mergers - and - acquisitions investment - banking boutique in Manhattan.

Scotiabank's purchase of a 19.9 % stake in the Bank of Guangzhou, which is run by the Chinese government, for about $ 719 million, has been held up for a year.

The share sale will be run by Bank of America Merrill Lynch, Citigroup, and Morgan Stanley.

Their margins are also squeezed by the Bank of Japan's long - running negative interest rate policy.

Banking in this country is not without its flaws, but Myerson's suggestion that banking be run by the state forgets an important point: It was the government that encouraged some of the riskiest lending behaviors by banks, in the name of the same equality he is advoBanking in this country is not without its flaws, but Myerson's suggestion that banking be run by the state forgets an important point: It was the government that encouraged some of the riskiest lending behaviors by banks, in the name of the same equality he is advobanking be run by the state forgets an important point: It was the government that encouraged some of the riskiest lending behaviors by banks, in the name of the same equality he is advocating.

Central banks are running nothing short of a «Ponzi scheme» by printing infinite amounts of cash and cutting interest rates to record lows, an analyst told CNBC.

Five years ago, she was poached from Goldman Sachs — where she made her name convincing a number of large pension funds to hedge in the run up to the financial crisis — by Bank of America to run a first of its kind on Wall Street cross-asset, cross-industry structured - strategies group («It's about solutions, not products,» she says).

Although women have historically run behind men in business, they're upbeat about women's future as owners or workers, according to a survey released last week by Bank of America.

This is part of the long - running worry that the new monetary policy activism inspired by the financial crisis threatens central banks» political independence.

Led by firm partner Christopher Banks and associate Lucy Wang, the group discussed a variety of legal business topics as they ran through the season's plot.

Not that there will ever be a run on German banks, but the effects of a bank run right across Southern Europe are going to be felt by the economy.

People close to the fundraising process, which is being run by two New York - based banks, said there was no certainty that CVC would strike a deal to invest in Vice.

The bank tried to switch 5 million customers and 1.3 billion records to software run by its Spain - based parent Sabadell from a system operated by Lloyds Banking Group Plc, which spun off TSB three years ago.

He went on to say that the agency, created under the Dodd - Frank financial overhaul, is run by «essentially a one - person dictator» and added he had «probably had more complaints about the CFPB in my office, from small local banks and credit agencies, than every other government agency put together.»

This might mean, for example, that the central bank would need to run a more stimulative policy than it would have otherwise to offset the effect of macroprudential policies, and the macroprudential authority would impose more stringent measures than it would have otherwise to counteract the leverage and risk taking generated by looser monetary policy.

For much of the nineteenth century, the United States also ran trade deficits and capital account surpluses, but while there were already capital flows driven by investors making independent decisions about where to park their money, roughly 90 percent of the international business done by London banks consisted of trade finance.

The Federal Reserve pumps money into the banking system by purchasing bonds and, when the system breaks down, makes enormous bailout payments to cover the bad debts run up by banks and other institutions to mortgage borrowers, businesses and consumers.

Michael Hudson: Just that the economy is being run primarily by the banks for their own interest.

The World Bank is traditionally run by a U.S. nominee and Washington also has the most influence at the IMF.

But if by taking a run at Mark Carney, these Liberals have initiated a never - ending cycle of speculation about the possible political ambitions of future Governors of the Bank of Canada, they will have weakened — perhaps fatally — the foundations of Canadian monetary policy.

First, Dean Baker points to this great Bloomberg article by former Fed regional bank pres Narayana Kocherlakota (NK) on how, since black unemployment typical runs 2x the overall rate, Fed policy is especially consequential for them (and other minorities).

Any attempt to do so (for example, by running a much tighter policy in order to constrain domestic demand) would be counterproductive and would detract from the Bank's broader macroeconomic goals.

Plus, they're not controlled by a central bank that can run rampant printing money and bring on hyperinflation.

To paraphrase Charles Baudelaire's quip that the devil wins at the point where the public comes to believe that he doesn't exist, the financial sector's lobbying effort wins at the point where people believe that running into debt contributes to economic growth rather than burdens it, and that they will end up richer by acting as bank customers.

The only constraint now is the fact that foreigners and domestic investors have now realized the degree to which that the banking system, Wall Street and the rating agencies are run by men that used to be crooks, but now are euphemized simply as «creative accountants.»

After running Goldman's real estate division, Mr. Brody was appointed by President Clinton to the once - lethargic Ex-Im Bank.

The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to run a balance of payments deficit to pump this currency into the global economy.

Basically, the Panic of 1907 was caused by a classic run on the bank, leading to the failure of the Knickerbocker Trust company -LSB-...]