Not exact matches
The BoJ has been the least expansionary of
major central
banks since the 2007 - 2008 global financial
crisis, Evans said, adding that its planned balance - sheet increase this year pales
by comparison with the $ 1 trillion of assets that the U.S. Federal Reserve is slated to purchase.
«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.
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.
Led
by the Fed,
major central
banks have inundated their economies with $ 10 trillion of cheap cash since the
crisis, Deutsche
Bank AG said.
The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first
crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated
by international
banks on countries or on the
major industrial and
banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries
by the
major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.
«Too many homeowners across New York are still struggling to rebuild their communities in the wake of the housing
crisis caused
by major banks,» said Attorney General Schneiderman.
As for the U.S. financial system - particularly
major banks - I am continually perplexed
by the juxtaposition of tens of millions of underwater mortgages and millions of delinquent and unforeclosed homes, coupled with a set of FASB accounting rules (revised at the height of the recent
crisis) that allows these debts to be carried at face value upon the discretion of the
banks that report the data.
The second is the withdrawal
by major banks from government - related lending due to large settlements in the aftermath of the financial / foreclosure
crisis.»
The Authority claimed that Iceland had violated the transposed Directive and thus EEA law in the aftermath of its
major economic
crisis and collapse of the
banking sector in 2008,
by failing to ensure that British and Dutch depositors using the famous «Icesave» accounts offered
by Icelandic
banks received the minimum amount of compensation set out in Article 7 (1) of the Directive.
I've been writing this column for several years now, and I've covered a lot of in - depth information about the securitization swindle pulled
by the
major banks that led to the mortgage
crisis and the Great Recession.