Sentences with phrase «banking crisis like»

Not exact matches

It's not an exit vote per se, but like former U.K. leader David Cameron, Prime Minister Matteo Renzi may find that it mutates into a plebiscite — in Italy's case on a status quo dominated by stagnation, chronic unemployment, and an increasingly acute banking crisis.

Similarly, earlier in the week, a Deutsche Bank research team argued that in light of upcoming European elections and ongoing large - scale economic and political challenges like the migrant crisis, Europe is unlikely to see deeper coordination:

Speaking to The Tyee, Nanaimo - based accountant Ken Dreger lamented that, like American banks during the 2008 financial crisis, «The B.C. housing market's become too big to fail.»

Many, having survived the Asian financial crisis of 1998, already had stricter rules governing banks and financial derivatives like mortgage - backed securities.

In such periods, there is a flight to quality by investors that drives down the rates on presumptively risk free investments like Treasury bills.Conversely, as was the case in the post-Lehman Brothers crisis, banks become less creditworthy and liquidity in the interbank lending market dries up.

The banks were at the epicenter of the greatest financial crisis this generation has ever seen, so it's natural to think «here we go again» when you see headlines like this:

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.

While this sounds like monetary madness, it should be remembered that Ben Bernanke, former Chair of the US Federal Reserve, urged such action on the Japanese government a decade ago to deal with that country's deflationary crisis, and referenced Milton Friedman's argument that a central bank financed stimulus via a «helicopter drop» of money could have saved the United States from the Great Depression.

Sufficed to say, if there is ever a crisis of confidence in fiat currency based assets, like government debt, there aren't many options out there for central banks to use in order to restore faith in the system.

Like other central banks in advanced countries, the Bank of Japan (BOJ) adopted an unconventional monetary policy after the 2007 — 2009 global financial crisis (GFC).

But another one is that post financial crisis, the government had an idea that the banks should be more like utilities.

In recent issues of The McAlvany Intelligence Advisor I've covered the U.S. government's ongoing «War on Cash»... how our government is trying to take over the Internet with the latest push for «net neutrality»... the risks and advantages of digital currency like bitcoin... how U.S. banks are preparing for «bail - ins» during the next financial crisis... how the U.S. government is using Common Core to indoctrinate children so they'll submit to the coming socialist society... and much, much more.

And the governments don't want to have to bail those guys out like they had to bailout the banks back in the first financial crisis.

American Express skipper Chenault, 60, has all those qualities and more: He had a steady hand through the last financial crisis, he's expanded into new areas like bank - issued AmEx cards, and, crucially, he's considered a good boss.

The formation of the European Stability Mechanism1 and regional banking union, coupled with the introduction of policy tools like Outright Monetary Transactions2 and sovereign bond purchases through quantitative easing, should make Europe far more resistant to contagion than it was during the initial phases of the regional sovereign debt crisis, in our view.

We aren't seeing big banks or other financial institutions teetering on the edge of bankruptcy like we did during the financial crisis of 2007 - 2009.

The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.

Deluded manager plus greedy board has created a crisis at arsenal with third rate players being paid first rate wages to keep them loyal and drugged up fans like yourself overdosing on 4th place high... True fans want change when they see the club going in wrong direction not a string of drug crazed platitudes from tribal loyalists who are so deluded themselves that they actually believe the blame for the crisis lies with the people who have been pointing to its causes... Do you think financial crises only happen because people start warning about overlevaraged banks, the speculative and fraudulent behaviour of their overpaid employees and the indulgence of their massively overpaid senior management... Pathetic comment

I hate our two party political system, we have no choice but to back these corrupt clowns who throw money at inefficient companies like GM and can't solve the banking crisis...

Twice he emphasised that the FSA's report into the scandal found the worst abuses occurred in the build - up to the financial crisis, under Labour, calling the report «a shocking indictment of culture at banks like Barclays in the run up to financial crisis.»

I have been a steadfast opponent of Ken Clarke for his divisiveness of the EU etc, but one has to admit that he exudes authority on something like the banking crisis when he comes on the Today programme, as he did this morning.

Rick is a predatory realtor who has made out like a bandit by taking advantage of bank foreclosures in the aftermath of the most recent financial crisis.

Each dissects the coming crisis with procedural - like exactitude, the trio of stories revealing different pieces of an interconnected puzzle one would guess the big banks, and likely the government agencies that were supposed to be keeping an eye on them, would rather not have the average layperson put together.

Q: Aside from AIG, and other financial insurers, the insurance industry came through the crisis better than the banks because they focused on longer - term stress tests, and not on short - term measures like VAR.

GMAC was originally founded in 1919 and grew over the course of time, but like many banks a few years ago, got caught up in the financial crisis due to loose mortgage lending standards.

Just like some of the banks in Morgan's 1907 syndicate that came out of the crisis in a stronger position than when they entered it, some of the best companies in today's world actually added to their intrinsic value because of 2008 (Berkshire and JPM are just two examples — extending credit and buying companies when few others had the means or will to do so).

And as a consequence of the crisis, it's not uncommon to hear people slandering their local banks, and to notice how consumers are switching away from traditional banks and into other institutions, like their local credit unions.

While credit unions, like others, got burned by underperforming mortgages during the crisis, they still generally remained more comfortable with slightly looser underwriting than lenders like banks because they know and answer to their members.

ROE of 16.1 % and an equity tier 1 ratio of 10.8 % (for comparison, a bank has to have a 6 % ratio to be considered «well capitalized» in the U.S) and total capital ratio of 13.9 % pointing to the fact the bank is well prepared for any sort of financial crisis like what occurred just a few years ago.

If you have never been in financial crisis like this one, you will never quite understand just how much of our lives banks control.

A type of convertible bond with an innovative feature that may provide insurance for companies like banks during a financial crisis.

And, like subprime mortgages before the financial crisis, many subprime auto loans are bundled into complex bonds and sold as securities by banks to insurance companies, mutual funds and public pension funds — a process that creates ever - greater demand for loans.

Rachel Uffner is among a few gallerists who opened up shop against all odds in 2008 during the banking crisis and have nonetheless thrived with artists like Sara Greenberger - Rafferty, Joanne Greenbaum, and Roger White.

Why does the list not include economists like Amartya Sen of Harvard University, also a Nobel prize winning economist whose career is devoted to promoting well - being particularly among the world's poor (he had an op - ed a couple of days ago in the NY Times re: the food crisis); or Joseph Stiglitz of Columbia University, also a former World Bank chief economist and Nobel prize winner who is critical of the globalized free market apparatus run by the World Bank, the IMF and the WTO; or Herman Daley of the University of Maryland, also a former economist at the World Bank whose career is devoted to developing a sustainable economy within the ecological constraints of our environment.

We know that successful civil disobedience actions like those on May 8th — coupled with pressuring our cities, churches, universities and local non-profits to sever ties with the banks enabling the climate crisis — represent the most effective way for us to tell CEOs like Chase's Jamie Dimon that we will not stand idly by as you profit from the destruction of our planet.

It was the rapid adoption of widespread regulation in the wake of the the financial crisis, especially in regulated industries like banking, that originally helped to drive in - house demand for legal contractor platforms in the City of London.

While they don't like the paperwork and scrutiny associated with living wills, banks appreciate that there's a system in place to prevent them from going out of business in a crisis.

There's concern among our trustees that banks with a big stake in real estate projects like these could create something like the savings and loan crisis we saw in the 1980s if the projects get in trouble.»

Since the global financial crisis, U.S. policy makers have focused on strengthening major banks with more capital and liquidity requirements so they could withstand periods of volatility like this one and continue lending.