Sentences with phrase «banking operations of the banks»

Not exact matches

COPENHAGEN, Denmark — Danish regulators said Thursday that there were «serious shortcomings» in the anti-money laundering operations of Danske Bank» activities in Estonia, following reports this year of money flows from family members of Russian President Vladimir Putin.

Its competitors have clearly defined strategies: Scotiabank is building out its overseas operations, while TD and Bank of Montreal are expanding in the U.S. Analysts aren't sure where RBC is headed.

COPENHAGEN, Denmark — Danish regulators said Thursday that there were «serious shortcomings» in the anti-money laundering operations of Danske Bank» activities in Estonia.

In Japan, the Central Bank said Thursday morning it was keeping its rates unchanged and the People's Bank of China raised its short - term interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.

Business duration: Most online small - business loans require at least one year of continuous operation; bank loans typically require at least two years.

Given HSBC has integrated services in Paris he suggested the bank could even consider taking «pre-emptive action» to relocate some of its operations.

«As a result of these cyber attacks these banks are having difficulties with client services and carrying out banking operations,» the central bank said in a statement.

But in Europe, brokers were obliged at the start of the year to split their research from their trading operations, in a series of attempts to increase transparency in investment banking.

«Fraudulent activity of your employees was not limited to Wells Fargo's consumer banking operations,» he wrote in the letter, which was reviewed by Reuters on Tuesday, explaining that the revelations came during congressional staffer discussions with the bank.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

The Ukrainian central bank said a number of banks and companies, including the state power distributor, were hit by a cyber attack that disrupted some operations.

Financial institutions including the Royal Bank of Scotland and insurance giant Standard Life have announced plans to transfer some operations south of the border to ensure they remain part of British tax and currency systems.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

Headquartered in Toronto, TD Bank is a truly worldwide operation, employing upwards of 85,000 people and serving 22 million customers.

According to Bloomberg, Tim Leissner, once the chairman of Goldman's operation in Southeast Asia and husband of former U.S. model and designer Kimora Lee Simmons, resigned in January after bank investigators found he allegedly violated firm policies, but continued to work for the bank until Feb. 23, according to The Wall Street Journal.

The 50 - day conflict came on the heels of Operation Brother's Keeper, a large - scale counterterrorism crackdown in the West Bank prompted by the abduction and disappearance of three Israeli teenagers on June 12, 2014.

The Fed's operations in the recent crisis have been loans to banks and other financial institutions and purchases of financial assets, not helicopter drops of cash into households» accounts.

It pockets roughly one - quarter of its earnings from each of its four distinct divisions — domestic banking, international banking, corporate banking and finally its global wealth management operations — while half its bottom line comes from outside Canada.

CNBC is reporting that RBC and auto lender Ally are on the verge of a deal to sell the latter's Canadian operations to the bank for about $ 4 billion.

Social responsibility is central to the operations of these companies — they know it's smart business to consider global issues and the broader community, whether it is through offering discounted loans for electric cars (Vancity) or helping to set up organic cotton seed banks in India (Zara).

The U.K. - based bank, whose operations are increasingly concentrated in Asia, said it will make up to $ 100 billion available for financing low - carbon projects, while stopping the financing of mines that produce coal for power generation.

It's all the more puzzling because Dodig comes from the wealth management side of the bank, which makes up a small fraction of CIBC's operations.

Soros» viewpoint echoed the perspective of other influential financiers, including J.P. Morgan CEO Jamie Dimon, who has called Bitcoin a «fraud» but is investing in blockchain technologies that could make various banking operations more efficient.

According to the Wall Street Journal citing people with knowledge of the matter, the banking giant is reportedly considering a new trading operation involving cryptocurrency thanks to increased interest in digital currencies.

«Sloan joined Wells Fargo 29 years ago, launching a career that would include numerous leadership roles across the Company's wholesale and commercial banking operations, including as head of Commercial Banking, Real Estate and Specialized Financial Sebanking operations, including as head of Commercial Banking, Real Estate and Specialized Financial SeBanking, Real Estate and Specialized Financial Services.

Although banks such as Citigroup Inc and Spain's BBVA are maintaining operations in the hopes of better times, the value of the...

Tolstedt heads up the community banking division that in part oversees the retail banking and credit card operations part of the company and which was responsible for the improperly opened accounts.

To reskill the young minds according to the industry needs, the central Government also devised a plan of USD 250 - million Skill India Mission Operation (SIMO), which received the backing of the World Bank in 2017.

Mueller is also scrutinizing Kusher over his involvement in the Trump Tower meeting; his role in the decision to fire former FBI director James Comey; his meeting with the head of a sanctioned Russian bank with ties to Russian President Vladimir Putin; and his involvement in the campaign's data operation.

Iceland cut the international arms of the banks loose and formed new institutions to keep domestic operations running.

As well, the four biggest banks in China, which are considered high - quality operations, account for 70 percent of the banking system, said Lau.

«As a result of these cyberattacks these banks are having difficulties with client services and carrying out banking operations,» the bank said in a statement.

MUFG and rival Japanese banks have been reviewing their domestic operations as they battle diminishing profits due to ultra-low interest rates amid the Bank of Japan's massive monetary stimulus measures.

In a staged simulation called Quantum Dawn 2, bank executives in charge of operations, technology and crisis planning were tasked with detecting how a massive cyber attack was unfolding in the markets - but each one only got to see a tiny red flag waving in a sea of information.

CIBC has the biggest presence of the group, and calls itself the largest, regionally - listed bank in the Caribbean, with operations in 17 regional markets.

Still, Canadian lenders have had mixed success south of the border — RBC bailed in 2011, selling its retail banking operations and taking a $ 1.6 - billion paper loss — and the U.S. market may not prove to be much of a buffer against a slowdown in Canada.

COPENHAGEN, Oct 2 - Debt - stricken Danish shipping company Torm A / S does not see a turnaround of the struggling tanker market soon, its chairman said after announcing it had struck a long - awaited deal with its banks to secure future operations.

At its birth, Necurs delivered banking trojans, then moved on to ransomware, then to distributed denial of service (DDoS) attacks, then to securities pump - and - dump scams, then back to banking trojans, says Kevin Epstein, vice president of threat operations at messaging security company Proofpoint.

Last month she was tapped to run Bank of America's brokerage business, which is largely made up of the former Merrill Lynch operations.

If you own a small firm and have been in operation for less than three years and have a credit score of below 650, you likely won't be able to secure a small business loan from a large bank.

TORONTO — Three of Canada's biggest banks delivered first - quarter results on Thursday that outshone analyst expectations, helped by improvement in their lending operations.

Reports circulated last week that New York attorney general Eric Schneiderman's office is expanding its probe of bank mortgage operations, which already includes the likes of JPMorgan (JPM), Deutsche Bank (db), and UBS (ubank mortgage operations, which already includes the likes of JPMorgan (JPM), Deutsche Bank (db), and UBS (uBank (db), and UBS (ubs).

The most important office law business in America such as the law business incidental to banking, insurance, trust - company operation, investment work, railroading, patents, admiralty, and large corporation matters in general is in the hands of non-Jewish firms many of which, even though they have numerous Jewish clients, have no Jewish partners.

According to the Reuters report, the deal will allow GM Korea to accept an offer of financial support from the government - backed Korea Development Bank, a 17 % stakeholder in the operation.

At the top of the list: Cathy Bessant, the chief operations and technology officer at Bank of America — a choice that reflects «the increasing importance of tech in business strategy.»

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.

Italy just reached a «bad bank» deal with European officials, allowing banks to offload bad loans, but there is still some concern over the likely success of the cleanup operation.

Like all Canadian banks, TD must navigate a thicket of laws, regulations and conventions governing its operations: consumer privacy, financial disclosure, risk management and more.

This included the unwinding of some shadow banking and interbank activities, controls on wealth management operations, trust structures and interbank lending structures.

Kelleher's comments are pertinent because the New York Fed also supervises the big Wall Street banks JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), in addition to the key New York operations of foreign banks like Germany's Deutsche Bank AG (DB), Switzerland's UBS AG (UBS) and the U.K.'s Barclays Plc (BCS).