Sentences with phrase «become bank holding companies»

After the 2008 financial crisis when Goldman became a bank holding company, it could take in more customer deposits, which led to an increase in its holdings of more than $ 40 billion over the past six years.

JoAnne was also VP, Investor Relations & Regulatory Affairs for Belvedere Capital, the first private equity firm to become a bank holding company, where she managed multiple complex regulatory relationships, coordinated fundraising, and managed all investor, portfolio company and outsourced legal and accounting relationships, as well as the administrative team.

Ever since it became a bank holding company in 2008 to stay afloat in the financial crisis, the bank was urged by US Federal Reserve to rely more on «sticky» consumer deposits to lower its risk profile.

Ally Bank is a unit of Ally Financial, headquartered in Detroit, Michigan, which became a bank holding company in December 2008.

Not exact matches

The risk retail banks face is that technology companies will become intermediaries that provide front - office functions to consumers, while banks simply hold and transfer funds on the back end.

Most Bitcoin exchanges on the contrary hold your funds as a rule unsecured on the company bank account of the exchange operator with the risk of a total loss should the exchange operator become insolvent.

In 1991, the company became Banks Holdings when it acquired the operations of the Barbados Bottling Co. Ltd., a 46 - year - old soft drink manufacturer and holder of the Coca - Cola franchise for Barbados.

A bigger fear about the NBN Co bill held by Telstra, Optus and the opposition communications spokesman Malcolm Turnbull is that the banks, government departments and other large companies will become licensed telco carriers and deal directly with NBN Co..

«Whether it's holding a large company accountable, for abuses of workforce or a whole host of other things, holding large banks accountable, whether it be making sure that corrupt officials are held accountable, whether it be a whole host of those types of things, in many ways the Attorney General has simply become the conscience of the State of New York.»

While she was a student, Marshall became active in the U.S. - based anti-apartheid movement, demanding that universities and churches divest their holdings in companies doing business in apartheid South Africa and demanding that banks extend loans to the South African government.

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Most Bitcoin exchanges on the contrary hold your funds as a rule unsecured on the company bank account of the exchange operator with the risk of a total loss should the exchange operator become insolvent.