Sentences with phrase «banks during the global financial crisis»

GIC, one of the first sovereign funds to invest in Western banks during the global financial crisis, retains the other major investment made at the time, a stake in Citigroup which is profitable at current prices.

These tools were used effectively by many central banks during the global financial crisis of 2007 — 09.

Not exact matches

During the crisis, the global community came together to address weaknesses in the international monetary system: creating the Financial Stability Board and European Stability Mechanism, strengthening central bank swap lines, and carving out a more prominent role for the G - 20.

In particular, it looks at how some of the most prominent changes to central banks» modus operandi have come as they sought to meet their monetary policy mandates in the exceptional circumstances seen during and after the global financial crisis of 2008.

Following the 2008 global financial crisis, clients were forced to review their banking relationships based on the support they received during the crisis, says Isaac Thomas, senior vice president and head of cash management for ADCB.