Sentences with phrase «big banks do»

The CBC further reported that «in the summer of 2015, Home Capital announced that it had cut ties with about 45 mortgage brokers for fudging numbers» and they reported that «Home Capital makes most of its money selling uninsured mortgages to clients who the big banks don't cater to, usually because they have spotty credit histories, are self - employed or have otherwise uneven incomes.»

He says big banks don't take that type of lending risk because the margins are small.

There loan products are created around rentals, flips, and new constructions and they don't have to answer to a lot of the red tape guidelines that traditional big banks do.

It may not be in your best interest to be invested in securities, but brokers and big banks do not want to lose the reoccurring fees they charge you every month.

Big banks don't offer that at all.

With the Treasury - Eurodollar spread at over 170 basis points, the big banks don't trust each other.

The big banks don't want you to trade with your own money.

Of course, many people now feel that big banks don't have to worry about bad performance being magnified because under the implicit «too - big - to - fail» guarantee of the government, they won't have to take the losses when asset values decline.

«We believe big banks don't do a good job encouraging people in that way.»

His company has received its SOC 2 compliance certification to support them, although he concedes that most of the big banks do that sort of deployment work themselves.

J.P. Morgan's expansion into new markets will spark a war with other big banks it doesn't plan on losing, according to Morgan Stanley.

The big banks didn't change their attitude in 2010, so this trend probably won't shift anytime soon.

Since most community banks weren't deeply involved in credit default swaps and other esoteric financial engineering, they didn't fall in price as much as the big banks did in 2008.

Some issuers publicly disclose information about rewards in regulatory filings, but some of the biggest banks don't.

Not exact matches

The Prime Minister and his finance minister spend much of their time reminding the country's biggest vote bank — the middle class — that it is not doing as well as it should be.

(Scotiabank did, however, start a «digital factory» in 2015, which professed to partner with fintech startups to develop new technologies, and gifted the University of Toronto with $ 1.75 million to study «disruptive technologies,» while several big - bank CEOs acknowledged that AI needed to be harnessed within the industry at a recent conference.)

The second biggest contributor in the Dow's record - breaking journey is also a bank, but it doesn't even come close to Goldman Sachs» influence on the market index.

National Australia Bank is doing things «a little differently» from other banks by taking a big restructuring cost, says David Marshall of CreditSights.

«They have a high distrust for big banks, and they don't like the user experience.»

(That's a big step for the central bank, which would prefer to talk only about what it's doing to control inflation.)

She said some big banks also are covering the procedure, and expects law firms to do the same if they want to keep good female employees.

Now, CEO Jeff Jacober — who founded the company in 1996 with bank loans and his own savings and nurtured it into a business that does $ 15 million a year in revenue — needed cash to build up enough inventory to service the big pharmacy chains.

They've got $ 2 billion in cash in the bank, so it's a company that has time, options and assets, but what it doesn't yet have is a demonstrable, positive upward trend to give anyone reason to believe it'll be bigger than it is now any time soon.

For bank loans, don't expect big changes.

Furthermore, after Kassie left CIBC, the bank's reputational hiccups didn't stop, while Genuity quickly attracted big - name clients.

[We'll do] things like moving your money from big banks into credit unions.

There is a big problem, though: The banks don't typically own that financial data.

It does includes a wide circle of wealthy Russians though that run some of the country's biggest companies, including the heads of Russia's two biggest banks Sberbank and VTB, metals magnates and the boss of state gas monopoly Gazprom.

The CEOs» biggest reason for opposing the proposal was because they felt that Canada's system is well run and doesn't need the bank tax.

Far better, at least from the bank's point of view, is to have the government step in and re-level the playing field for everyone — providing, of course, the changes don't take too big a bite out of profits.

As time goes on, all of the big banks should pass these tests, and when they do, their dividends will rise.

Unlike many big banks, it doesn't charge monthly fees, overdraft fees or transfer fees.

«We are going to do an executive program for a big bank in Russia and at INSEAD we have enough people of Russian origin who can teach the whole program in Russian.

Dollars are nice, don't get me wrong, but I'm certain we weren't put on this Earth to just grow the biggest bank accounts.

The main risk with these new alternatives is their ability to scale since they don't have a big bank balance sheet and their resources are limited, but the future looks promising.

Big bank earnings may have looked nice as it pertained to the headline numbers, but when investors looked deeper they didn't like what they saw.

Quality relationships and meaningful work, not a big bank balance, may be the key to a happy life, but that doesn't mean money and joy are totally unrelated.

A revolutionary software called blockchain is poised to transform all sorts of businesses — from big banks to Silicon Valley startups — in the same way broadband Internet and cloud computing did a generation before.

However, for that schedule to work out, Congress will need to make a legal change that allows the Treasury Department to hold prepayments from the big carriers ahead of the auction — according to Pai, banks are not willing to do this anymore due to their capitalization requirements.

After leaving Nike, he had offers from big banks, but preferred to do something more entrepreneurial.

«What the ECB and the Bank of Japan are doing relative to their economies is much bigger than what the U.S. has done,» she said.

But this conceals the strikingly different fortunes of integrated dealers (larger firms, including those owned by the Big Six banks, that do business across the country and in multiple business lines) and so - called boutiques.

The probe did not find widespread misselling, defined as selling products that are unsuitable or where the consumer is provided with incomplete or misleading information, but concluded that there are «insufficient» controls in place at the country's biggest banks to prevent or mitigate the risk.

So even though community banks are known for their ability to offer close relationships, there's at least one big bank that can do that, too.»

If big banks get to settle with the SEC without admitting or denying any wrongdoing, what good does a settlement do in the end?

It's small banks that are buying each other — and one big reason for this is that many of them don't have the resources to cope with the new federal banking and financial rules.

That raised a big question among the bank's investor clients: «If Bitcoin correlation with the broader market fully materializes, does that limit its ultimate potential?»

It's a little riskier than holding a big bank in your retirement account, but if you don't mind owning a $ 205 million market - cap business then there could be some good upside ahead, says Bruce Campbell, president and portfolio manager at Kelowna - based StoneCastle Investment Management.

Regulation has a lot to do with that, pushing the big banks out of Wall Street's most profitable (and riskiest) businesses.

As The Washington Post's Ezra Klein first noted, the reason why Democrats in the Senate lobbied for her was a different one: They didn't like Larry Summers, President Obama's initial pick, because of his perceived coziness with the big banks.