Sentences with phrase «by other banks for»

According to the media reports, these bulk deposit rates, even after the spike, are lesser than what is offered by other banks for bulk deposits.

Ally charges no fees no matter what ATM you use when you need to take out cash with your card, and it even pays the fees assessed by other banks for using their ATMs.

You may also be charged the national average of $ 2.90 by the other bank for using its ATM as a noncustomer.

Not exact matches

According to The Future of Business survey conducted by Facebook in collaboration with the World Bank and the Organization for Economic Cooperation and Development, 42 percent of businesses polled said that learning from one other is one of the main ways they figure out how to run a business in a mobile - first economy — second only to Googling it.

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.

Even bitcoin booster and investor Barry Silbert has argued that the next stages of bitcoin's development will involve big Wall Street banks getting in on the action by, for instance, setting up ETFs and other products that will facilitate the currency's rise.

The most important policy action for mitigating the damage of a recession is for the central bank to keep interest rates low, according to the respondents, followed by increasing spending on transportation and other infrastructure projects.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital currency for the same reason — by doing so, transactions can be automated and guaranteed without recourse to third parties, such as a bank.»

In other countries, he notes, banks are making products more tangible by allowing customers to shop for them in off - the - shelf boxes, which makes things like getting a new bank card as easy as picking up cornflakes at your local supermarket.

As evidence, they cite the decision by Bank of America (BAC) to abandon its plan for debit card fees and the decision of many other large banks not to impose them at all.

By then, the Fed and other central banks should be ready for another round of «quantitative» stimulus.

Wall Street stock futures are lower this morning over renewed fears for the global economy after some weak Japanese economic data and some routine gloom from the Bank of England, which is worried, among other things, by the potential impact of the U.K.'s vote on whether to leave the E.U..

BDCs can be an attractive option for small companies whose finances are in order but nevertheless were turned down by a bank or other financial institution due to their size.

«If Congress passed this bill that the American Bankers Association wants, how many community bank mortgages would be eligible for QM that aren't currently eligible... and how does that stack up against the number of mortgages held by Well Fargo, Citibank, JPMorgan and the other giants that would become eligible under this change in the rules?»

The central bank of Saudi Arabia has signed an agreement with Ripple, paving the way for a pilot project through which the bank will help other banks in the country send payments internationally using technology provided by the blockchain company.

If you are a beneficial owner of shares held in street name, please check the voting instructions in the notice provided by your broker, bank or other intermediary for telephone voting availability.

Many small - and medium - size banks are increasingly raising money for loans, bond purchases and other investments by issuing wealth management products, and even some largely unregulated companies have begun issuing wealth management products.

However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.

Interest on Other Borrowings represents interest paid for borrowings by banks.

First, Dean Baker points to this great Bloomberg article by former Fed regional bank pres Narayana Kocherlakota (NK) on how, since black unemployment typical runs 2x the overall rate, Fed policy is especially consequential for them (and other minorities).

Despite the blow to banks, Moody's expect them to attempt to offset the lost revenue by raising fees for other products and cutting expenses, though this process will be difficult and the timing is unclear.

We've been praised for helping small and mid-sized businesses across all industries that have been underserved by banks and other traditional lending institutions.

The sectoral results for the 2013 survey indicate that Australia's aggregate net foreign currency asset position was held principally by non-bank private financial corporations (other financial corporations), with non-financial corporations and the public sector (including the Future Fund and the Reserve Bank) also holding small net foreign currency asset exposures (Graph 5).

A: No, I think that when interest rates are constrained by the zero bound, it is appropriate for central banks to look, if conditions warrant, for other ways to be expansionary and swapping short term assets for long term assets or what is the equivalent of a liquidity trap, printing money and buying long term assets, can be a reasonable solution.

It seems bizarre that the most reasonable understanding of why the 2008 bank crisis did not require a vast public subsidy for Wall Street occurred at Monday's Republican presidential debate on June 13, by none other than Congressional Tea Party leader Michele Bachmann — who had boasted in a Wall Street Journal interview two days earlier, on Saturday, that she voted against the Troubled Asset Relief Program (TARP) «both times.»

Even though the intellectual climate within the Reserve Bank and other economic policy agencies was already moving in favour of deregulation in the early 1970s, wider community acceptance of the case for change did not come until after the Government set up a broad - ranging inquiry, conducted by a group of independent experts.

You can get funds within 24 - 48 hours after you are approved for a loan, and APRs range between 19.99 % and 49.99 %, which is comparable to rates offered by other online lenders (though this still may be higher than APRs offered by a bank or credit union).

The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to run a balance of payments deficit to pump this currency into the global economy.

Federal regulation prohibits you from making more than a total of 6 transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sale purchase transactions with a banking card, by preauthorized or automatic agreements, telephone, or online.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

For developed economies, in other words, significantly higher capital inflows from abroad would either cause savings to decline as the inflows strengthen their currencies and reduce exports — causing either unemployment or consumption to rise — or, if their central banks act to sterilize the inflows, to increase imports by increasing consumer debt.

Georgeson Inc. will distribute proxy materials to banks, brokers, and other nominees for forwarding to beneficial owners, may solicit proxies by personal interview, mail, telephone, and electronic communications, and will request brokerage houses and other custodians, nominees, and fiduciaries to forward soliciting materials to the beneficial owners of the common stock held on the record date by such persons.

What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?

-- Goethe What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?

EdvestinU is not like other lenders — whereas most other lenders are typically for - profit banks or credit unions, EdvestinU is a non-profit lending program offered by the New Hampshire Higher Education Loan Corporation.

Rather, the quest for deposits is motivated by two overriding profitability concerns, namely securing customers that can generate fee and loan revenue — bank customers are notoriously «sticky» so once you have them, you have them — and second, minimizing the outflow of net payments from customers to other institutions.

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

Small - business owners should save for their children's college expenses the same as other parents — by setting up an automatic transfer from their bank account to the college savings plan.

The successful program allowed copies of records held by the land registry and all other parties to the transaction, such as banks and real estate agents, and each step of the property purchase process to be verified and recorded on blockchain for all parties to see.

This report is the result of a coordinated research effort by the central banks of Canada, Italy, Japan, the United Kingdom and the United States and the Bank for International Settlements on the determinants of market liquidity and on how central banks and other public authorities influence these determinants.

This year we have been named Best Private Bank for international clients in the UK, Hong Kong and 15 other countries by the Euromoney 2015 Private Banking and Wealth Management Survey.

No fees are charged by us for funding your Account; however, third parties, such as your bank, may charge transaction and other fees.

Before any of you doth protest too much about this conclusion, let me explain the rationale for my inclusion of diversification strategy among the other much better known systemically fraudulent practices regularly engaged in by big commercial brokerage firms and banks.

Other enhancements to syndicated lending introduced by the Civil Code changes are charges over bank accounts, better facilities for intercreditor agreements, and stronger enforceability of loan agreement representations.

By not dealing with fiat currencies, it allows investors to readily exchange their cryptocurrency assets for other cryptocurrencies while isolating themselves from any pressure the government could put on them through the banking system.

Private student loans are generally issued by banks and other private entities and are used to pay for tuition, room & board, and other types of expenses.

The largest demand for gold is seen in the jewellery sector, which accounts for 40 to 50 percent of the total global demand, followed by gold bars and coins, global ETFs backed by gold, central - bank purchases and demand by other industries.

The growing legal questions around Mr Cohen's services for Mr Trump come as the lawyer faces a grand - jury investigation being led by federal prosecutors in New York City who are exploring bank fraud, wire fraud or campaign finance charges, according to people familiar with the matter who, like others, spoke on the condition of anonymity to discuss an ongoing investigation.

The Bank of North Dakota also worked with local financial institutions and foundations to raise and coordinate relief funds both for Grand Forks and other areas affected by spring floods.