Sentences with phrase «banks collapse at»

Not exact matches

Local forestry veteran Tony Jack has accused receiver McGrathNicol of using his bid for the collapsed Great Southern timber schemes to find a better deal for the bank creditors at the expense of out - of - pocket investors.

We depend on investors at big banks to protect us from economic collapse.

A new study by researchers at the Federal Reserve Bank of New York suggests that bondholders still don't believe the government would ever let the firms collapse into bankruptcy — after a decade of efforts by regulators to convince them otherwise.

Carolyn Wilkins, the No. 2 at the Bank of Canada, told me in an interview that Canada's housing market is trifurcated, or like a triple - layer cake: Toronto and Vancouver; Calgary and other places affected by the collapse of oil prices; and everywhere else, where housing prices are flattening out.

At the root of bankism is government policy that denotes banks are too big too fail and shouldn't be allowed to collapse.

A sudden stop can occur if at some point China becomes dependent on external debt to fund growth (which isn't the case now, but is worth watching out for) or if credibility collapses and we see a run on the banking system (which is possible, but, in my opinion, still unlikely).

With economic conditions in Japan improving in recent months, the Bank of Japan had begun to prime markets for an end to its zero interest rate policy at its 17 July meeting but, in the event, the collapse of a large Japanese retailer, Sogo Co, prompted the Bank to hold off its decision.

An example of Deutsche Bank's openness is that, in the most frantic moments of September 15, 2008, the day Lehman Brothers collapsed, the team was letting the bank's clients pick their brains — and the whole team showed up at their desks at three o'clock in the morning to trBank's openness is that, in the most frantic moments of September 15, 2008, the day Lehman Brothers collapsed, the team was letting the bank's clients pick their brains — and the whole team showed up at their desks at three o'clock in the morning to trbank's clients pick their brains — and the whole team showed up at their desks at three o'clock in the morning to trade.

Canada's housing market is 10 % overvalued, with the biggest risks in condominium overbuilding and uncertainty over how many investors are buying, but the risk of a U.S. - style collapse is low, a top executive at Canada's second largest bank said on Monday.

On September 15, 2008, a key moment in the 2008 financial collapse on Wall Street when Lehman Brothers filed bankruptcy, Merrill Lynch was forced into the arms of Bank of America and Citigroup teetered toward insolvency, Deutsche Bank's shares closed the day at $ 58.80 (equivalent price adjusted for a subsequent stock split).

Since the start of this decade the rate of growth of what was perceived to be low risk assets at many banks, was significantly higher than the rate of growth of capital, a trend that played a great part in the collapse of many financial institutions.

The banks should be trading at least in line with the broader market and, more realistically, worse than the broader market because they hold loans to the companies that are collapsing in price.

«It's clear that at this pace of cash withdrawal, the banking sector could collapse in the next few days,» said Bruno Cavalier, chief economist at Oddo & Cie. «This is basically the main pressure on the Greek government to sign the deal.»

You're having an important conversation with a friend on the phone, when suddenly the line goes dead, usually at a critical place when they're just about to tell you that the baby has been born, the stock market has collapsed or that chap in charge of North Korea has decided to volunteer at a food bank and revise his haircut.

At the same time, Pier Fish explains that local banking was suffering from the collapse of the Boston real estate market.

Questions: Joseph only has a single season in the bank at the coordinator level, and the Dolphins ranked 29th in total defense in that one season, then collapsed in the wild - card round of the playoffs.

Mr Osborne blamed Mr Brown for not saving money during the boom times, and he expressed anger at the use of taxpayer's money towards collapsing banks, but he didn't say what he would have done instead.

He expressed shock that the illegalities at both UMB and the ADB are going on right under the nose of the regulator, Bank of Ghana, because the BoG is complicit in the government's wanton vandalism of laws that has seen the use of the GCB to acquire two collapsing banks, UT and Capital, without recourse to shareholders.

The country stands on the brink of economic collapse with a banking system that has been haemorrhaging deposits at an accelerating rate since Syriza came to power.

Chancellor George Osborne said in September: «This commission has tackled that big question that we face in Britain, which is how can we be a home to successful banks that compete around the world, but lend to British families and British businesses, but at the same time protecting us as taxpayers from the cost of them going wrong, and not ending up with a multi-billion pound bill when the bank collapses.»

Iceland's banking sector was allowed to grow to a disproportionate size relative to Iceland's GDP, including by offering foreign currency savings accounts at attractive interest rates, which implicitly put the Icelandic government, and therefore the Icelandic people, on the hook for ultimately repaying other countries when Iceland's banking system collapsed and a systemic Icelandic bank run occurred.

At the appearance of even the slightest hint of recession, all people would retire their money from the bank and a total collapse would happen.

In turn, Gillibrand spokesperson assailed Malpass for his role as the chief economist at Bear Stearns when the investment bank collapsed.

«More than 100 miles of [Three Gorges] reservoir banks are at risk of collapsing.

Unlike catfish that ambush pigeons at the water's edge, lesser salmon catfish may just be eating mice drowned when their nests in river banks collapse, says Erin Kelly of Murdoch University, Perth, who led the study (Journal of Arid Environments, doi.org/bpwq).

The importance of network effects for the financial system is also stressed by Stefano Battiston, a network economist at ETH Zurich: «Recent research on contagion in financial networks has shown that network topology and positions of banks matter; the global financial network may collapse even when individual banks appear safe.

The film centers around the world of high finance where four outsiders predict the credit and house bubble collapse of the mid-200's and decide to take on the banks for the greed they exhibited at the time.

Writer - director J. C. Chandor's «Margin Call» is about a rapidly unfolding crisis at an investment bank on the eve of the 2008 economic collapse.

It is not the banks that are so much at risk, though some will have to collapse conduits and bring asset back onto their balance sheets, lowering capital ratios.

Back then, we were at the peak of the financial crisis after the collapse of investment bank Lehman Brothers on September 16, 2008.

At that time, the bank decided to take a pre-emptive move to support the economy to deal with the economic effects of the collapse in oil prices, cutting its key rate a quarter point to 0.75 per cent.

Lately, complaints that the European Central Bank didn't lower rates at its last meeting, worries that Japan won't really try to restructure of its economy while the yen rebounds, and stories about the 1994 bonds collapse.

Looking back, we enjoy the benefit of hindsight... but let's not under - estimate the existential threat to the company at the time: Operating free cash flow was minimal, there was little opportunity to realise assets (except at fire - sale prices) in 2009 - 11, almost EUR 400 million of net losses, investment write - downs & goodwill impairments were recorded in the five years ending in 2012 (which actually understates a near - 85 % collapse in net equity), as the banks kept shrinking their committed facilities & imposing harsher terms (and seriously considering pulling the plug).

Of course, the strategic logic (or lack thereof) of the overall portfolio was academic at that point... as a cash - burning & over-indebted One51 was forced to face up to collapsing asset values, investor risk aversion, evaporating bank facilities & an accelerating economic recession.

He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad, insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.

The bank prime rate — the analogy to Libor today — peaked at 21 % and in November of 1981 the Treasury sold 30 year bonds with a 14 % coupon which out - performed the S&P 500 the next year as bond yields collapsed So much for ancient history.

The greatest threat to the economy and the banking system is the credit card collapse that will happen when the newly unemployed miss payments, trigger penalty fees, and simply stop paying at all.

Canada would either have to start growing its economy at a much higher rate to encourage the central bank to raise rates to such a height, or oil would have to completely collapse suddenly to cause a speculatively possible collapse of CAD to encourage the same.

This year Dr Pachauri joined the New York investment fund Pegasus as a «strategic adviser», and was made chairman of the advisory board to the Asian Development Bank, strongly supportive of CDM trading, whose CEO warned that failure to agree a treaty at Copenhagen would lead to a collapse of the carbon market.

That city may be undergoing the largest municipal bankruptcy in U.S. history, but unlike when the big banks and giant financial outfits teetered at the edge of collapse, President Obama has made it clear that this time there will be no billion - dollar federal bailout.

«The collapse in the share prices of the US coal sector 2011 - 14 is an illustration of how markets can punish investors in a climate - constrained world where lower carbon technology is developing rapidly,» said Mark Fulton research advisor to Carbon Tracker and formerly head of research at Deutsche Bank on climate.

The Bank of England has also recognised that a collapse in the value of oil, gas and coal assets as nations tackle global warming is a potential systemic risk to the economy, with London being particularly at risk owing to its huge listings of coal.

The Union Bank of Switzerland, Europe's largest, last month estimated the price per tonne collapsing to just 3 euros in 2013, down from a peak of over 30 euros five years ago and around eight euros at present.

The bailout package is aimed at staving off a complete collapse of Greece's economy — an event that could bring financial ruin to some of Europe's biggest banks.

Dan DiPietro, client head of the law firm group at Citi Private Bank, said his employer still views lawyers as a good credit risk — despite the crisis coursing through the markets and the collapse or merger of clients that supply billable hours to many of the nation's law firms.

From recent regulatory enforcement priorities such as insider trading, high - frequency trading, financial crisis investigations, the Foreign Corrupt Practices Act (FCPA), Bank Secrecy Act / AML violations, accounting fraud, and hedge fund collapses to some of the most significant matters over the last decade, such as auction rate securities, market timing, RMBS, LIBOR, FX, late trading, IPO allocation, and Wall Street research, our securities enforcement and white collar defense lawyers have been at the center of every major initiative affecting the financial services sector.

In an interview with Channel News Asia, Sopnendu Mohanty — chief of financial technology at the Monetary Authority of Singapore, the country's central bank, opined bitcoin will not cause a global financial crisis in the event of a price collapse.

«Those worried about a collapse in Toronto's housing market can breathe a little easier now,» said Robert Hogue, senior economist at Royal Bank of Canada.