Sentences with phrase «banks collapsed on»

Based on the book Le Capital by Stéphane Osmont, and written by Costa - Gavras, Jean - Claude Grumberg and Karim Boukercha, when the CEO of France's Phenix Bank collapses on the golf course, Machiavellian young executive Marc Tourneuil (Gad Elmaleh) is crowned as his replacement.

Not exact matches

Competition for cash has returned with a vengeance, after the Fed stifled it in 2008 to keep the cost of funding for banks to near zero so that they could maximize their profits in order to rebuild their capital after teetering on the verge of collapse.

As the second week of big bank earnings kicks off one technician warns the group could be on the verge of a collapse.

In the interview that aired Sunday, she warned that it would be a «grave mistake» to roll back the regulations put on banks after the previous economic collapse.

The debt is mostly blamed on Irish banks, which the government bailed out after the housing market collapsed in 2008.

Just as critically, banks were on the verge of collapse, and were bailed out with billions of dollars in taxpayer money.

LONDON, Jan 15 (Reuters)- Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to roadworks.

LONDON, Jan 15 - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to roadworks.

The ECB stopped payments by one of Latvia's largest banks on Monday, after its liquidity position collapsed following allegations from U.S. authorities.

The European Central Bank (ECB) stopped all payments by one of Latvia's largest lenders on Monday, after its liquidity position collapsed in the wake of allegations from U.S. authorities.

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

In July, when the Bank of Canada cut its policy to its current setting of 0.5 %, policy makers expressed concern over weak non-energy exports and a deep contraction in business investment brought on by the collapse of commodity prices.

Weakening currencies in the post-Soviet states threaten to raise default rates on foreign - currency mortgages as collapse of the Baltic real estate bubble drags down Swedish banks, while the Hungarian property plunge threatens Austrian banks.

About 75 % of Iceland's voters turned out on Saturday to reject the Social Democratic - Green government's proposal to pay $ 5.2 billion to the British and Dutch bank insurance agencies for the Landsbanki - Icesave collapse.

Bank of America bought Countrywide in 2008 as it verged on bankruptcy amid the subprime lending collapse.

World growth will remain low on average but negative in the UK and Europe; price inflation will remain sufficiently subdued for a while longer so as to impose no constraint on monetary expansion; central banks will sustain a regime of negative real interest rates and rapid monetary expansion; the risk of a eurozone collapse is off the table for now; finally, stock markets should continue to perform better than expected, even though the four - year old cyclical bull market is long by historical standards.

(Reuters)- U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.

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).

The private bank however had to bring back the SIV on its balance sheet when the MBS market collapse and take huge losses like Citigroup did.

Italy's Interbank Deposit Protection Fund, whose members are domestic banks, is looking to inject 640 million euros ($ 770 million) to prevent the collapse of the small savings banks of Rimini, Cesena and San Miniato, Reuters reported on Sept 7.

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.

And everyone acknowledges that it was the sharp mid-decade run - up in interest rates that burst the bubble and caused the collapse in US housing prices and in the value of those mortgage - backed securities that are still wreaking havoc on bank balance sheets all around the world.

Created four years ago as the country's financial system teetered on the verge of collapse, TARP provided more than 700 banks with a combined $ 205 billion of capital by buying dividend - paying preferred shares.

Somewhere down the road gold will eventually rule the day as all the fiat currencies collapse on themselves — unless the world's major central banks suddenly get religion and decide to stop supporting their respective governments» overspending by slowing down the overheating printing presses.

The actions of the banks along with a nationwide real estate bubble created a perfect storm scenario which lead to a financial collapse on Wall Street and Main Street.

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 splitOn 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 spliton 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).

The idea was to move more aggressively into Appalachian coal, banking on exports to compensate for the collapsing US coal market.

But banks postponed the collapse into negative equity by lowering their lending standards, providing enough new credit to keep on inflating prices.

Mike — it makes good headlines to predict imminent collapse as Joe granvile taught us but I will not be a purveyor of pablum but always strive to offer quality analysis that leads to high level dialectic and hopefully profitable opportunities.The central bank fears of of disinflation will be an on going theme.

«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.»

by During this banker raid on paper gold and paper silver, while banking shill Nouriel Roubini was spouting more propaganda in the distribution channels of the mass media of a gold collapse to sub-par $ 1000 an ounce prices, we were busy informing our readers about the «Lies of Nouriel Roubini» (whose sole purpose in life, -LSB-...]

The main challenge facing the ECB today is no longer the collapse in commodity prices, but a more fundamental mix of concerns revolving around the strength of the recovery, the crucial bank credit channel as well as potential second - round effects on wage growth and (core) inflation.

The cost of insurance against defaults by European banks reached an all - time record for that reason last Friday, and banks stopped lending to each other on the interbank market «portending an imminent collapse of the financial system.

obama got osama and got us out of iraq, he dropped the unemployement rate and worked hard to keep families out of being homeless, he called the banks out on their shady foreclosure practices and attempted to place standards on wall street again to reduce risk of another fiscal collapse.

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.

While our operations in Brazil continue to struggle as a result of the country's economic collapse, the currency devaluation, banking collapse and supply chain difficulties, we have taken steps to limit further investment, streamline operations and continue to reduce costs to mitigate its effect on our overall business.

The prime minister downplayed the suggestion the run on Northern Rock reflected badly on the British economy, insisting the bank's «unsound business plan» underpinned its collapse.

The demonstrators also want Nana Akufo Addo to come clear on allegation that, their deposits were loaned to fund his campaign in 2012 with the intention of repaying if the NPP had won, a move that led to the collapse of the bank.demo - 1 The swindled customers had embarked on series of demonstration in their respective communities where the bank had branches, they however believe the arrival of Nana Akuffo Addo in Koforidua today, is an opportune time to express their grievances.

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.

What was the due diligence that Bank of Ghana did on this individual to clear him when he has just collapsed another bBank of Ghana did on this individual to clear him when he has just collapsed another bankbank?

It is no secret that German chancellor Merkel is praying for a Sarkozy victory, and even if she makes an effort to get on with Hollande, the judgment of the markets on any new French fiscal policy may leave Paris and Berlin facing a massive banking collapse within weeks (and I am surprised that this is not already looming).

It is not acceptable that the Central Bank, should stand aside, wring its hands in despair and despondency, in a manner that suggests helplessness, while many banks are on the verge of collapse.

A lecturer in a tertiary institution in Osun State (name withheld), on Thursday, reportedly collapsed inside a bank located within the institution's premises following a discrepancy...

Because the government is only liable if the banks offering the loans collapse, the extra borrowing doesn't appear on the balance sheet.

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.

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.

Banker Fred Goodwin was stripped of his knighthood last year after leaving the Royal Bank of Scotland teetering on the brink of collapse and needing a taxpayer - funded rescue.

Pension funds were being crushed by the collapse in interest they earn on investments, he added, while the Bank's massive stimulus programme increased inequality by pushing up property and stock market prices, which benefited the better off.

And whilst Fianna Fail's vote had marginally recovered from their last general election collapse as a result of their own austerity policies and the catastrophic economic situation which saw the public pay the price for the bank bailouts, the population were clearly not returning in significant numbers, and on the contrary were turning against the right wing establishment parties.

In the week that banks were collapsing the man who wants to run our economy not only said: this is not a problem caused by the financial markets but went on to say and, I quote, «that it's a function of financial markets that people make loads of money out of the misery of others.»