Sentences with phrase «banking those points for»

Not exact matches

In April 2014, a few Bank of Canada economists published a short paper that should be the starting point for every conversation about the state of the economy.

«A lot of people are banking on it to make up for the first - quarter number, it needs to deliver... I really think that that number might be the trigger point on does this market have the legs to go higher.»

He points out the Jumbotron frame for outdoor movies, the Nacho Royale taqueria, a bank branch with tellers standing by, an artist in residence.

«The starting point for us was to seamlessly transition from ING Direct to Tangerine Bank with as little disruption to our customers and to the business as possible.

But unlike New Zealand, there's no shortage of domestic banks in Canada and therefore no point for the Canadian government to open that particular door to simply help the corporation stem its losses.

If I needed just a few more points, I could have also opened a SKYPASS Visa card issued by US Bank — it only offers a 15,000 point sign - up bonus, but almost as soon as I created a Korean Air Skypass frequent flyer account online, I started getting targeted offers in the mail for a 50,000 point bonus.

While Fink is right to point out that low interest rates are putting a large burden on those of us trying to save retirement, he does not address the fact that central banks aren't primarily responsible for the fact that bonds of all types are yielding less today than we're used to.

By the late»90s, call centres had become the main point of contact for the customers of airlines, insurance companies, banks and telecoms.

The hearing is set for September 20, and according to Isaac Boltansky, director of policy research at Compass Point, it will likely evoke memories of the 2013 London Whale hearing, where the bank's top brass were dragged up in front of lawmakers.

«Many people automatically book round - trip fares for vacations, but if you aren't sure about your itinerary and you're using points, you should absolutely consider booking a one - way ticket,» said Sean McQuay, NerdWallet's credit card and banking expert.

Far better, at least from the bank's point of view, is to have the government step in and re-level the playing field for everyone — providing, of course, the changes don't take too big a bite out of profits.

Bharat Masrani said to reporters after their annual meeting of shareholders that the Toronto - based bank views the federal legalization of pot for adult use as an «important data point.»

China's central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans by 5 basis points.

The primary point that people are missing, he argues, is that money being pumped into Spain from Europe is going to the banking sector through the Fund for Orderly Bank Restructuring, a government - sponsored organization that will now be overseen by the IMF, and not the Spanish government itself.

In a June 17 note, National Bank Financial analyst Cameron Doerkson pointed out that the company has recently signed several new deals, which is good news for investors.

The New Zealand dollar rose around 0.5 % after Wheeler effectively reiterated the 90 - day bank bill track — widely considered a proxy for interest rates — which was published in August and pointed to around 35 basis points of further easing.

That is, when debt service ratios are calculated using the discounted mortgage rates actually charged by banks (about 125 percentage points below posted rates), the average Canadian homeowner is paying just 25 % or so of income on mortgage payments, far below the 32 % benchmark used for mortgage - insurance qualification.

For one thing Tchir points to a Bloomberg report from December 30 that details a bond deal in Portugal that inflicted losses on some but not all of a bank's bonds.

Interest rates will inevitably rise, as the Bank of Canada keeps pointing out, and the federal government has instituted numerous changes over the past few years that will make a home purchase more difficult for first - time buyers.

To qualify for federally regulated mortgages, borrowers must be able to afford interest rates that are two percentage points above the contracted rate or the Bank of Canada's five - year benchmark rate, whichever is higher.

But as Peter Eavis at the New York Times pointed out yesterday, the bank isn't disclosing a number everyone would like to know: the «overall size of the derivatives bets that have led to large losses and much reputational damage for the bank.»

When Banks looked at the above diversity data for senior executives at 16 Fortune 500 companies, she was careful to point out that it need not be a depressing reminder that women and people of color — and other marginalized groups that aren't counted on the EEO - 1 Report — struggle to make it to the upper echelons of corporate America.

The ratings agency raised its economic risk rating for the Canadian banking sector to three from two on a 10 - point scale.

J.P. Morgan's provision for compensating employees who leave to serve in government — a practice so common on Wall Street that it has become known as the proverbial «revolving door» — has become a point of contention in recent years, not only at the bank but for the industry as a whole.

Stephen Tapp, a former Bank of Canada economist who now is research director at the Institute for Research on Public Policy, reckons the reversal will cost 0.2 percentage points of gross domestic product annually over the longer term.

Credit Suisse's relationship with Alibaba predates Khan's arrival, they point out, and laid mostly with Vikram Malhotra, then the head of investment banking for Asia Pacific, and Boon Sims, who was global head of mergers and acquisitions.

The bets for an earlier shift receded after the latest inflation numbers, but there now is a consensus the Bank of Canada will raise its benchmark interest rate by a quarter point in the autumn, probably October.

While productivity has been on a downhill slide for decades, it's taken a particular tumble since smartphones were introduced in 2010, Bank of England economist Dan Nixon recently pointed out on the the Bank Underground blog.

In one day, when the legendary investment bank said it could no longer meet its obligations and would file for bankruptcy, the Dow plunged more than 500 points, sparking market turmoil that eventually eliminated $ 7 trillion dollars in value.

Entrepreneurs in the field say that focusing on the price of Bitcoin is missing the point — its value is as proof of concept for a new kind of payment system not reliant on third parties like governments, big banks or credit - card companies.

Another point, perhaps, is that it's no worse for the Treasury to print a trillion - dollar gold coin than it is for the Federal Reserve to buy trillions in mortgage securities to save banks and the bond market.

Additionally, some point to funding advantages that the biggest banks may gain for their size and market assumptions that the government would bail them out during another crisis, regardless of changes to the system under Dodd - Frank.

This shift followed the Bank's introduction of a 50 - basis - point «operating band» for the overnight rate, which is the rate at which major participants in the money market borrow and lend one - day (or overnight) funds among themselves.

Gold surges toward $ 1400 / oz, S&P 500 tumbles to 2000, 10 - year Treasury yield to 1.5 %; if credit spreads don't crack (e.g. IBOXHYSE < 500bps) and Mexico peso finds quick low = entry point for risk - takers (especially if Trump protectionist fears allayed); until then best Trump trades = long gold, short EU banks, long US small - cap, short EM.

This is the first time the Heritage Flight team will conduct a flyover for a Super Bowl, and it will be broadcast live on NBC and in U.S. Bank Stadium from multiple vantage points, including from a camera mounted on the P - 51 Mustang.

In a study issued this week (Aug. 11 - 15), Goldman Sachs Bank USA economists Eli Hackle and Hui Shan showed that the homeownership rate of young adults, ages 25 - 34, who were carrying more than $ 50,000 in student, was 8 percentage points lower than for college graduates with less than $ 50,000 in student debt.

With the advent of the Large Value Transfer System (LVTS), the target for the overnight rate was defined as the midpoint of the band, or 25 basis points below the Bank Rate.

The Bank for International Settlements has some interesting statistics on this point.

There are always articles stating that the DED and free zone authorities and banks love SMEs, but I have to yet to see the love for smes from a financial point of view.

This is a point that the Bank has been making for some time.

Case in point: China's gross savings rate has been high for decades, averaging around 45 percent of GDP for the last 20 years, per the World Bank.

While the interest rates it advertises online tend to be lower than most banks or direct lenders, a quick look at the underlying assumptions shows that these rates are the result of factoring in mortgage discount points, which must be paid for upfront as an extra item in your mortgage closing costs.

The Fed funds rate remained there for seven years before the central bank nudged it up a quarter of a percentage point in December.

In Canada there didn't use to be much point in looking for the best bank for small business when you were looking for a business bank account; for years, the only difference between business bank accounts and personal ones has been that business bank accounts cost a lot more in fees.

Two of South Korea's largest banks, Shinhan and KB Kookmin, will be concluding their partnership with the cryptocurrency exchange Coinplug, which currently allows customers who are participating in some of the banks» credit card rewards programs to trade the points that they've earned for bitcoin.

Rates for this type of loan can vary greatly but are usually within a percentage point or two of a typical bank loan.

And btw, if I were going to ding IOER, it would be for subsidizing banks for doing nothing (Bernanke and Kohn point out that such subsidies are typically but a few basis points, i.e., the IOER — the effective FFR, or 1.25 — 1.16 today; okay, but still...).

He pointed out that the failure of two or three such institutions would put us in «Lehman Brothers territory,» referring to the investment bank that filed for bankruptcy in September 2008, precipitating the financial crisis.

Because of the Durbin amendment, as of October 1, 2011, debit interchange is capped for transactions (21 cents, plus 5 basis points -LRB-.05 %), plus an additional penny for issuers that qualify for fraud) for debit cards issued by banks and credit unions with $ 10 billion in assets or more.

Similar to D&B, Experian captures information about your business» background, company financial information, credit score and risk factors, banking, trade, and collection history, liens judgments, bankruptcies, and your industry to create a 100 - point ranking for your business (but the data is weighted and scored differently than the PAYDEX score).