Sentences with phrase «be closed by banks»

They might find it impossible to buy new furniture because otherwise the bank accounts of the furniture marker would be closed by the bank because otherwise the bank could no longer trade in the US.
Lets not talk about businesses being closed by banks withdrawing credit in Parliament, lets get out there beyond the Westminster Village.
The difference is ChexSystems only maintains negative information on consumers» banking habits such as a history of overdrafts or if your account is closed by the bank.

Not exact matches

The final thing to say is that those «officials» should pay closer attention to what the Bank of Canada actually says, and less to the over-interpretation of those words by the currency traders who have driven the Canadian dollar to 80 U.S. cents in recent days, a 10 - percent increase since May.
Ahead of a Bank of Japan leadership change, central bankers are considering the possibility of shifting policy closer to the quantitative easing campaign of the last decade, hoping it will give policy the kick demanded by Prime Minister Shinzo Abe.
«Markets are coming to the conclusion that the U.S. economy is close to overheating and therefore that the risks of inflation are bigger than the risks of a recession,» Deutsche Bank economist Torsten Slok said, quoted by the Financial Times.
TD Bank economist Leslie Preston says the bank is forecasting the WTI - Brent gap to close by 2014 or 2015, with WTI trading for about $ 100 / barrel by 2Bank economist Leslie Preston says the bank is forecasting the WTI - Brent gap to close by 2014 or 2015, with WTI trading for about $ 100 / barrel by 2bank is forecasting the WTI - Brent gap to close by 2014 or 2015, with WTI trading for about $ 100 / barrel by 2013.
The Central Bank can close the credit pipes very quickly if it so desires by making it unprofitable to be a bBank can close the credit pipes very quickly if it so desires by making it unprofitable to be a bankbank.
Assad noted that the Russian - backed Syrian army was now «very close» to Raqqa city after advancing to the western banks of the Euphrates River this week — a rapid gain that has brought it to the frontier of areas held by the U.S. - backed forces.
But as the 140 - mile journey can take four hours by car in traffic, Uber is betting that Romanians would rather fly there, especially this weekend, which is a long weekend in Romania, with banks closed on Monday for a religious holiday.
The average size of the loans made by Seacoast Commerce Bank, for example, which made just 325 loans in 2015 and ranks number 10 on the list, was close to $ 1 million.
People close to the fundraising process, which is being run by two New York - based banks, said there was no certainty that CVC would strike a deal to invest in Vice.
Only emergency support from the ECB is keeping the banks afloat and saving Greece from a chaotic euro exit that would inflict more pain on its people and gravely damage the currency, the strongest symbol of the EU's drive for an «ever closer union» on a continent once ravaged by two world wars.
Joining the round is London - based VC Amadeus Capital Partners, investing $ 2 million, while the first closing of Iyzico's Series C was led by Vostok Emerging Finance, with participation from previous investors, International Finance Corporation (the World Bank's investing arm), and Istanbul - based VC 212.
If your Shares are held in the name of a broker, bank, or other nominee and you want to vote in person, you will need to obtain (and bring with you to the 2015 Annual Shareholders» Meeting) a legal proxy from the record holder of your Shares (who must have been the record holder of your Shares as of the close of business on April 10, 2015) indicating that you were a beneficial owner of Shares as of the close of business on April 10, 2015, as well as the number of Shares of which you were the beneficial owner on the record date, and appointing you as the record holder's proxy to vote the Shares covered by that proxy at the 2015 Annual Shareholders» Meeting.
Although $ SPY closed in positive territory, the retreat off its intraday high that occurred on heavier volume is known as «churning,» which is stealth selling into strength by banks, mutual funds, hedge funds, and other institutions:
The closing of the doors took place in a very low - key way: there was no formal declaration of any capital controls, but the Korean banks could obtain foreign exchange only by going to the central bank, so the central bank could strengthen the banks» bargaining position vis - a-vis the creditors by simply not making foreign exchange available to them.
This problem is amplified by the fact that the bank's online tools won't show you any of the usual information on mortgage closing costs.
Online lenders aside, the best rates were found and Third Federal Savings & Loan, which beat the closest competing bank by 0.11 percentage points on a standard 30 - year mortgage.
According to a 10 - Q filed by Bank of America earlier this year, a 100 - basis - point increase in both long - term and short - term lending rates would boost its interest income by $ 6 billion, which is essentially double (if not more) what its closest peers, Wells Fargo and JPMorgan Chase, would see in interest income increases.
If the Bank doesn't see the output gap closing in eight quarters (by mid-2017), at which point it would assume that inflation is neatly around 2 %, then that's tantamount to admitting that the current degree of monetary stimulus is not sufficient to accomplish its mandate.
Tether, or USTD, is linked to the US dollarThis week the SEC closed down Texas - based AriseBank — an outfit claiming to offer cryptocurrency banking backed by the Federal Deposit Insurance Corporation - which had intended to complete an initial coin offering (ICO) in January.
A recent report by the World Bank suggests that in Korea, Malaysia and Thailand, at least one - quarter of firms listed on the stock exchange were not able to meet their interest payments from operational cash flows in 1999; this proportion was close to two - thirds in Indonesia.
The House that Brian Moynihan kinda, sorta owns, by default, closed at below $ 23 yesterday and our guess is that the best performing large bank of the past six months will give up more in coming weeks.
«Among the G - SIBs [Global Systemically Important Banks], Deutsche Bank appears to be the most important net contributor to systemic risks, followed by HSBC and Credit Suisse... The relative importance of Deutsche Bank underscores the importance of risk management, intense supervision of G - SIBs and the close monitoring of their cross-border exposures, as well as rapidly completing capacity to implement the new resolution regime.»
Greek banks are closed all week after news broke that the country will be holding a referendum vote on whether to accept the bailout measures offered by international creditors.
In its October 2012 study, Virtual currency schemes, the European Central Bank concluded that the growth of virtual currencies will continue, and, given the currencies» inherent price instability, lack of close regulation, and risk of illegal uses by anonymous users, the Bank warned that periodic examination of developments would be necessary to reassess risks.
In China's case I show results for both M1 and M2, because due to the lack of detail provided by the People's Bank of China I'm not sure which of these measures is closest to TMS.
HPE declined to disclose the size of its business in Russia, but Russian government tender records show ArcSight is now used by a number of state firms and companies close to the Kremlin, including VTB Bank and the Rossiya Segodnya media group.
In this case, we're talking about a $ 4.8 - million loan by Community Trust Bank that closed in June 2017.
Fast forward to today when as Yra Harris writes in his latest Notes from the Underground, the realization that central bankers are on the verge of panic is that much closer, because as the veteran trader and strategist writes, «the continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis - era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy.»
However Saxo Bank reserve the right to close out clients open positions prior to an option adjustment on ex-date if a corporate action adjustment is not supported by Saxo Bank.
Customer loans and advances grew by 7.4 % on the back of strong mortgage demand, commission income rose by nearly 10 %, overall banking income increased by 6 % to nearly $ 300 million, and net earnings were up 13.2 % to close at $ 127 million.
Earlier in Asia, the Nikkei was in focus as it jumped to its highest close in more than five years after global finance leaders effectively backed the Bank of Japan's stimulus program as a legitimate attempt by the country to get out of its two - decade era of stagnation.
Policy makers lifted the emergency assistance available to Greek banks by about 1.9 billion euros ($ 2.1 billion) to 87.8 billion euros on Monday, and are setting the aid level almost daily as Greece edges closer to a potential default.
Symbolic of this new era is Christ the Savior Cathedral, razed by Stalin in 1931 and reconstructed in the 1990s at the initiative of President Boris Yeltsin and the mayor of Moscow on its original site on the banks of the Moscow River, close to the Kremlin.
It can take the form of simply spreading the word about university closings, deportations, house arrests or house demolitions, or it can mean developing data banks on violations of human rights — for example, in the careful documentation of the more than 500 Palestinian villages that have been destroyed by the Israelis since 1948; this information has been compiled by the Arab Study Society in East Jerusalem.
Because while I may envy the fact that there are university peers who have been able to buy their own houses and cars by age 30 thanks to fast - tracked banking careers; or the fact that some of my close friends are already engaged or married; or that others get to stop working for a year and take off traveling — these aren't my stories to tell.
Sources said Max Brenner's local lenders, who are collectively owed about $ 50 million and spearheaded by National Australia Bank, were keeping a close watch on the company and were receptive to restructure plans.
There's a case for the No. 1 votes Alabama got, and On the Banks makes it in part by keeping the Tide No. 1 and moving Texas A&M up to No. 4; if you think the Aggies are good and a close loss to them is noble, you might not penalize the «Bama team that is still statistically dominant very much at all, especially because their win over LSU is perhaps the nation's best not newly owned by A&M.
«Closing them down» sounds more like a technique used by bank robbers, but that is probably beside the point.
The African average growth rate predicted by the world bank and IMF is 3 per cent and for Ghana they predict 3.3 per cent, I'm more bullish, I believe that Ghana will grow closer to 4 per cent, maybe between 3.8 and 4 per cent, and we predict that in 2017, Ghana's economy is going to grow by about 6 per cent, and, so, this country is doing well, we have resolved the power crisis, we've been able to match demand to supply and so the electricity crisis that hit us is gradually becoming a thing of the past.
It was characterised by huge bail - outs of banks and a global response — namely close co-ordination among central banks and a G8 / G20 - led economic stimulus.
I'm told by a source close to the leader that Miliband plans to «ramp up» the issue of bank bonuses in the coming weeks and will use his keynote speech to the Fabian Society on 15 January not just to reiterate his values and ideals but to set out his political priorities for 2011.
The acquisition of First Niagara Bank by Key Bank will be facing close scrutiny by Senator Charles Schumer.
After listening to the committee, bank executives present informed the lawmakers that the court order vacating the earlier ones relied upon by the EFCC to close the accounts were not made available to them.
Professionals who are in close contact with elderly people could soon be in a better position to spot if they are being financially exploited, for example through a lottery scam or by a deceitful relative draining the bank account, thanks to a pioneering new study funded by the UK Research Councils» New Dynamics of Ageing programme (NDA)
The arrangement was either a straightforward commercial decision, comparing the cost of the advertisements against the costs of the alternatives, or it was a commercial decision tempered by the close relationship between the Mayor and the now - departed Chief Executive of the bank.
«I think the banks were aware that they could be attacked because they had been closing by 12noon for the past two months.»
Small businesses continue to be stifled by challenges that affected them during the recession, including late payments from other firms and a lack of finance from the banks, which forced many small firms to close.
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