Sentences with phrase «big banks taking»

Camden R. Fine, president and CEO of the IBCA says that the seemingly constant drumbeat of stories about big banks taking advantage of consumers and entering into huge legal settlements with federal regulators will only help small banks increase their deposit share.

The appearance of the biggest banks taking full advantage of their dominance over the financial system will feed a growing perception that the game is rigged.

Not exact matches

Here's the story of ordinary people who fell into big ideas and took them all the way to the bank.

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

As accessing capital becomes increasing difficult for Canadian entrepreneurs — especially those who are considered particularly risky by Canada's big banks — other approaches, such as developmental lending, ought to be taken more seriously.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

In testimony before Congress on Tuesday, Fed Chair Janet Yellen takes flak for failing to downsize big banks.

He's said he'd take on Wall Street by breaking up the big banks and reinstating the Glass - Steagall Act, the Depression - era law that separated the speculative activities of banks from their consumer depository functions.

The same way that a bank deemed too big to fail might take greater risks — having the knowledge that its most severe mistakes will be underwritten by somebody else — so, too, can signing your name on a marriage licence offer a sort of insurance policy that changes your behaviour.

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.

The big concern for most investors is not that Hungary will go under, but that it will take down Austrian banks in the process.

The Swiss National Bank has trimmed its big euro position, taking downward pressure off the currency.

Targeting the emerging mobile - banking market, Rogers Communications, Canada's biggest wireless phone company (and publisher of this magazine), has also applied for a banking licence, although there are no plans to become a full - service deposit - taking financial institution.

Mike Mayo, author of Exile on Wall Street, says, «[T] he owners of the big banks, namely the shareholders, are finally taking a greater amount of responsibility by speaking up.»

Oracle is banking more on what techies call a «scale - up» model in which fewer, but very powerful computers — in Exadata's case each with its own integrated networking and storage — take on big workloads.

The U.S. is a much bigger market than Canada, so there is more business for the taking — but banks will have to fight for it.

Burnett: Pandit took over what was America's biggest bank as it teetered on the cliff of failure.

Big businesses in other fields, including Charlotte, North Carolina - based Bank of America, also took a strong stand:

Hillary Clinton unveiled a plan that aims to tackle excessive risk - taking in the financial sector and calls for breaking up too - big - to - fail banks.

Barbara Grogan, chief executive of $ 10 - million Western Industrial Contractors Inc., an industrial construction company in Denver, is a big fan of banking improvements that allow her to manage interstate payrolls and multiple bank accounts by fax — «making financial decisions in 20 minutes that once might have taken two months.»

While all the UK's biggest lenders passed the tests based on their current capital ratios, the Bank of England said that had the test been based on capital positions at the end of 2016, both RBS and Barclays would have been required to take action.

Mainstream investments in global banks with heavy mortgage investments took a big hit.

Big banks shares overall were taking a hit before the bell as traders were disappointed as well in earnings from JPMorgan Chase and Citigroup.

However, if you want to take advantage of the latest trends — such as banking on your mobile phone or making deposits in ATM machines without deposit slips — a big bank is likely to stay more current with new technology, Hausinger says.

Banks are reluctant to take the risk, venture capitalists want to almost take full control and major brokerage houses make larger profits through bigger deals that close faster.

Bill Dudley, who as president of the Federal Reserve Bank of New York oversees big banks like JPMorgan and Citigroup, says bankers might police risk - taking by employees more aggressively if their compensation came in the form of bonds instead of stock.

TORONTO — Promotions meant big pay raises last year for the men taking the helm at three of Canada's biggest banks.

While this argument can take many forms, it often centers around two separate concerns: whether community institutions have the economies of scale to go toe - to - toe with the biggest banks; and whether the «too big to fail» crowd has unfair advantages that slants the playing field in their direction.

«It is a big waste to have taken the huge step to adopt a single currency and continue to forgo the benefits that could be reaped by creating a true banking and capital markets union,» ECB Vice President Vítor Constâncio said in a report.

«The too - big - to - fail banks have taken billions in bailout money without any accountability.

«That would reward failure and send the wrong message to the biggest banks in the country that the Fed really does not take supervision seriously.»

Lloyd Blankfein, Goldman Sachs chairman and CEO, talks about the big bank's strategy to take advantage of consumer business.

The agency has toughened mortgage rules and fined big banks for allegedly taking advantage of consumers, but it has run afoul of Republicans who say it has gone too far, contributing to an environment in which consumers are having more difficulty getting mortgages and credit cards.

The CCPA today released my report: â $ œThe Big Banks Big Secretâ $ which provides the first public estimates of the emergency funds taken by Canadian banks. The report bases its estimates on publicly available data from CMHC, the Office of the Superintendent of Financial Institutions, US Federal Reserve, the Bank of Canada, as well as quarterly -LSB-...]

We also would resist taking contrarian positions in sectors facing big structural challenges (e.g. European banks).

They either sip their drink too slowly and die with money in the bank, or take it down in big gulps and have nothing for a rainy day.

The fact that Morgan Stanley and other big U.S. banks have taken a beating in the market suggests investors don't believe the Street.

But crypto backers and investors should take comfort in knowing that big banks rarely lead in disruption these days.

The regulators have yet to decide what form the extra requirements should take, such as a flat surcharge or a graduated increase, depending on how big a bank is.

I would direct you toward requiring bank creditors and equity holders to suffer their losses, requiring the safety net to guarantee the delivery of essential banking services (the part that really should be publicly owned), and being prepared to abrogate dangerous derivative contracts en mass and let the big boys take their lumps.

The trading book review, as the new package is called, takes a more rigorous approach to supervising the so - called internal models that big banks use to work out how much capital they should hold in case swaps turn sour.

The Bank of Japan took no action on their current lending program after two days of discussions between officials, surprising analysts across the globe who had anticipated big news following the meeting.

APRA may have taken its investor lending cap away, but UBS» big downgrade of Westpac shows the pressure on banks to lift lending standards remains.

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.

Major banks took notice, with three of the biggest saying they will either limit or not allow their clients access to the futures when trading begins next week on the Chicago Board Options Exchange.

2017.07.13 RBC ranked highest in customer satisfaction among Mobile Banking Apps and the Canadian Big Five banks RBC takes top honours in J.D. Power Canadian Retail Banking study for second year...

Yet, even with all increasing red flags that suggest that assets held within the global banking system could be devalued, frozen, or seized, or all of the aforementioned, including warnings of possible negative interest rates applied to commercial and corporate bank accounts in the near future from big global banks like the Royal Bank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happenbank accounts in the near future from big global banks like the Royal Bank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happenBank of Scotland, most of us go about our daily lives without giving a second thought about taking preventive actions to prevent such mind - blowing and negatively impacting life - changing events from happening.

Without stronger regulation, which is currently up for debate in the Senate, Wall Street and the big banks will take taxpayers and consumers to the cleaners all over again.

«When I hear people talk about banks taking risks, it often sounds as if we are taking big bets like you would at a casino or a racetrack.

WASHINGTON — President Obama pressured the heads of the nation's biggest banks on Monday to take «extraordinary» steps to revive lending for small businesses and homeowners, drawing a firm commitment from one large bank to make more loans and vaguer assurances from others.