Sentences with phrase «by a major bank in»

Cash in your account is held by a major bank in a Hard Assets Alliance subaccount of Gold Bullion International.
He represented various blue - chip clients seeking a recovery for their investor base following a misrepresentation by a major bank in their prospectus.
Advising a hedge fund in relation to claims against various entities controlled by a major bank in relation to misrepresentations and negligent advice which they made / provided in relation to a total return swap.
Term limits have been introduced by major banks in Canada.

Not exact matches

A bank famous for investments in commodities, Goldman Sachs's equity research team initiated coverage on a slew of major names, complete with company - by - company synopses and price targets.
Sanctions imposed by the U.S. and European Union in the wake of Putin's intervention in Ukraine have blocked some major Russian banks and companies from accessing financing in the West, starving them of much - needed foreign capital.
The number of employees has jumped by 90 %, thanks to expansion in Latin American and Asia, as well as major Canadian acquisitions like money manager DundeeWealth and savings bank ING Direct.
The survey asked «If a company, bank or investment fund controlled by a foreign government were trying to buy a controlling stake in a major Canadian company, how would you feel if the foreign government were...?»
Capital spending on major mining, energy and infrastructure projects in Australia is set to drop more than 60 per cent over the next three years, according to analysis by ANZ Banking Group.
«Their target market is people who have been turned away by a major bank,» LePoidevin says, «and the banks are already fairly lax in Canada about who qualifies and who doesn't for a mortgage.»
The Fed also pressured JPMorgan to dilute the amount of metal held by its own traders in Henry Bath, an issue that has riled major metal consumers and critics of a copper investment fund the bank was trying to launch.
The scenarios used by the Bank of England are pretty apocalyptic, setting out major collapses in a whole heap of asset classes and a massive worsening of economic conditions.
In the currency markets, the differing messages of the world's major central banks on inflation and monetary policy prodded the dollar higher against the yen ahead of a series of appearances by U.S. Federal Reserve officials this week.
Since the Canadian financial services industry is dominated by the major 5 banks, CIBC operates in what is essentially an oligopoly.
In fact asset swaps have been among the major mechanisms by which RMB reserves have accumulated in foreign central bankIn fact asset swaps have been among the major mechanisms by which RMB reserves have accumulated in foreign central bankin foreign central banks.
Bank loans come in all shapes and sizes, from microloans of a few hundred dollars, typically offered by local community banks, to six - figure loans by major national banks.
Six out of 10 people with $ 1 million to $ 5 million in assets said one major setback, such as a lost job or a stock market crash, could have a major impact on their lifestyle, according to a survey by investment bank UBS.
«Card issuers and banks recently requested that the MCC for digital currency purchases be changed by a number of the major credit card networks,» Coinbase said in a statement.
Case in point, in an article published by elitedaily.com on February 21st 2014, entitled «The Ugly Truth Behind Major Banks Financing Mexico's Drug Cartels», the author noted that:
Bitcoin, invented by Satoshi Nakamoto as the first blockchain application, became the first major currency in the world not controlled by a government or central bank.
But this was mostly from the decline in real economic activity in the United States and Europe and the scaling back of global operations, including trade credit, by banks based in the major economies.
Those who worry that the increase in reserves caused by cash transfers to households will cause inflation or create major central bank balance sheet problems down the road, no longer need to oppose this policy.
Earlier this month, Apple Pay increased their presence in Canada by signing on two major Canadian banks (RBC and CIBC), along with two additional financial institutions (ATB Financial and Canadian Tire Financial Services).
The Canadian dollar accounts for only 2.2 per cent of total foreign currency trade flow in a given day, according to the latest major trade volume report put out by the Bank for International Settlements, whereas the U.S. dollar comprises 45.1 per cent and the euro 19.4 per cent.
Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
What Governor Rajan did say, in his remarks made off the attached written text, was that the policies followed by major central banks around the world were in danger of slipping into the kind of beggar - thy - neighbour strategies that were followed in the 1930s.
«Swap lines — along the lines provided by major central banks early in the crisis — can help,» and the IMF stands «ready to provide policy advice and financial support,» she said.
However, it is clearly the case that the major Canadian banks are all «too big to fail», and if any were threatened with insolvency, they would be bailed out by the government in short order.
Because the platform is also used by major financial institutions — including Bank of America Merrill Lynch — the combined purchasing volume means we're able to offer some of the most competitive prices anywhere in the world.
It is in fact the case that the amount of currency in circulation has not been affected by any of these policies (such as quantitative easing by major central banks).
Opposing moves by the world's major central banks resulted in sharp exchange rate movements.
A study of major banks conducted by Pew Charitable Trusts found that half of them actively engage in high to low reordering.
In July 2012, Visa, MasterCard and several major banks agreed to pay U.S. retailers a record $ 7.25 billion in penalties to settle a long - lasted lawsuit alleging the card giants conspired to fix so - called «swipe fees» paid by shops and supermarketIn July 2012, Visa, MasterCard and several major banks agreed to pay U.S. retailers a record $ 7.25 billion in penalties to settle a long - lasted lawsuit alleging the card giants conspired to fix so - called «swipe fees» paid by shops and supermarketin penalties to settle a long - lasted lawsuit alleging the card giants conspired to fix so - called «swipe fees» paid by shops and supermarkets.
Also, with talks about Serbia being included in the European Union, the dinar's exchange rate with other major currencies will likely be affected by monetary policies from the European Central Bank.
In early January, the China Banking Regulatory Commission (CBRC) published regulations that limit the number of commercial banks in which each investor can own holdings, which is intended to reduce specific cases of «disorder» in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders»In early January, the China Banking Regulatory Commission (CBRC) published regulations that limit the number of commercial banks in which each investor can own holdings, which is intended to reduce specific cases of «disorder» in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders&Banking Regulatory Commission (CBRC) published regulations that limit the number of commercial banks in which each investor can own holdings, which is intended to reduce specific cases of «disorder» in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders»in which each investor can own holdings, which is intended to reduce specific cases of «disorder» in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders»in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders&banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders».
While the decision to leave the EU has caused notable market upheaval, global market declines were actually more extreme in the first few months of 2016 due to significant commodity price weakness, concerns regarding slowed economic growth in the U.S. and China, and monetary decisions by major central banks.
Given that the S&P has rallied since early 2009, experienced only a minor correction in 2011, is currently at a cyclic peak, clearly over-bought on a monthly and weekly basis, and has been artificially sustained by central bank easy money, is it likely that the next MAJOR move is up or down?
While the average increase by the major banks since end October is a little smaller than the rise in the cash rate, banks did not lower credit card rates by as much as the cut in the cash rate during the previous easing phase.
That plunge in one of the most globally - interconnected banks dragged down the shares of every major Wall Street bank yesterday: Bank of America lost 2.77 percent; Morgan Stanley declined by 2.76 percent; Citigroup lost 2.67 percent; Goldman Sachs shed 2.21 percent; and JPMorgan Chase closed down 2.19 percbank yesterday: Bank of America lost 2.77 percent; Morgan Stanley declined by 2.76 percent; Citigroup lost 2.67 percent; Goldman Sachs shed 2.21 percent; and JPMorgan Chase closed down 2.19 percBank of America lost 2.77 percent; Morgan Stanley declined by 2.76 percent; Citigroup lost 2.67 percent; Goldman Sachs shed 2.21 percent; and JPMorgan Chase closed down 2.19 percent.
He worked for a major Canadian and global financial institution on the brokerage and investment counseling side and just prior to joining Leith Wheeler, Jerry was a portfolio manager with a national investment counsel firm in Calgary before its acquisition by a major Canadian bank.
National Bank also highlighted that major maintenance initiatives are planned at Syncrude Canada Ltd., Canadian Natural Resources Ltd.'s Athabasca oil sands project and Suncor Energy Inc.'s base plant — which cumulatively could reduce industry oil output by 650,000 barrels per day in the coming months, easing some of the stress on full pipeline networks.
World stock markets mostly sank Monday as investors warily eyed a possible rate hike by China's central bank and evidence that recoveries in the world's major economies are sputtering.
The dollar's sell - off was also helped by investors betting on tighter monetary policies by major central banks, bringing them in line with the Federal Reserve.
Brexit, election - related anxieties in other major EU countries and uncertainty regarding future monetary policy moves by the ECB and Bank of England have seemingly led investors to take a wait - and - see approach.
An economist (Canterbury, UK 1983) and banker (DK Bankers Association 1987) by training, he started his career by working for Crocker National Bank, a major US bank in San Francisco before moving to Nordea Bank in 1986, first in Copenhagen and subsequently in GenBank, a major US bank in San Francisco before moving to Nordea Bank in 1986, first in Copenhagen and subsequently in Genbank in San Francisco before moving to Nordea Bank in 1986, first in Copenhagen and subsequently in GenBank in 1986, first in Copenhagen and subsequently in Geneva.
As we know, the materialisation of some of the risks that had built up in the financial system, followed by a financial crisis, deep recessions and slow recoveries, has meant that much more has been demanded of central banks in recent years, especially those in the major jurisdictions.
My reading of the episode is that the extraordinary financial events of September and October 2008 — several large financial failures, large - scale rescues of major institutions, enough incipient systemic concerns about banking systems to lead governments to issue guarantees, investor panic on share markets — were all observed in real time by households and businesses right around the world.
The numbers presented above would suggest that both gold and silver will not be set - up to embark on a major move higher until the both the total open interest in gold and the net short position in gold of the commercials banks declines by another 60 - 70k contracts.
Viewing these companies as allies rather than merely as customers from whom to make as large a profit as quickly as possible, German bank officials sat on their boards, and helped expand their business by extending loans to foreign governments on condition that their clients be named the chief suppliers in major public investments.
In addition, the Kushner Companies confirmed longstanding relationships with two major Israeli banks that have been investigated by U.S. authorities for allegedly helping wealthy clients evade U.S. taxes.
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