Sentences with phrase «by those financial institutions with»

Using each entity's property holdings, staff performed an analysis on every residential building held by those financial institutions with the most properties.

In some cases, these are logical extensions of services already offered by financial institutions with a strong online presenc...

In some cases, these are logical extensions of services already offered by financial institutions with a strong online presence; but a few are Internet - only banks.

Not exact matches

Those federal rules, which double down on restrictions adopted in 2014 and stern warnings to lenders issued by OSFI earlier this summer, require banks to qualify borrowers at higher interest rates, impose additional limits on mortgages for buyers with small down payments, and compel financial institutions to share the risk by taking out insurance policies on low - ratio mortgages.

New business owners seeking loans might be referred by a bank to a fintech partner, with the hope they'll return to the bigger financial institution when they're more established.

Financial institutions based in the U.K. have to submit their post-Brexit plans to the Bank of England by July 14, even though the U.K. government has just barely started exit negotiations with the European Union.

Promoting financial literacy through a government - led campaign rolled out by financial institutions met with only 13 % approval, and leaving the task to post-secondary institutions received just 9 %.

The company's aim is to «simplify banking» by helping financial institutions obtain operational excellence by providing them with fully integrated «front - to - back - office» software.

By consolidating accounts with one financial institution, you can also negotiate more favorable loan terms.

More than a dozen financial institutions listed by Bankrate have savings and money market accounts with annual percentage yields of 1 percent or more.

That's unclaimed property — or accounts held by companies or financial institutions that haven't had contact with the owner for one year or more.

Comments received by the Department and media reports also indicate that many financial institutions already had completed or largely completed work to establish policies and procedures necessary to make the business structure and practice shifts required by the Impartial Conduct Standards earlier this year (e.g., drafting and implementing training for staff, drafting client correspondence and explanations of revised product and service offerings, negotiating changes to agreements with product manufacturers as part of their approach to compliance with the PTEs, changing employee and agent compensation structures, and designing conflict - free product offerings), and the Department believes that financial institutions may use this compliance infrastructure to ensure that they meet the Impartial Conduct Standards after taking the additional Start Printed Page 16910sixty days for an orderly transition between June 9, 2017, and January 1, 2018.

an independent agency of the federal government, created in 1933, charged with preserving and promoting public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions up to applicable limits; by identifying, monitoring, and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails; further information on the FDIC and FDIC coverage may be found at fdic.gov

A plausible model would be that issuance would be by the central bank, with distribution and transaction verification by authorised entities (which might or might not include existing financial institutions).

Solution Powered by IBM Blockchain in Partnership with Stellar.org and KlickEx Group Collaboration with Banking Leaders to Accelerate Financial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymenFinancial Exchange and Settlement Across Currency Corridors IBM announced a new blockchain banking solution that will help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global paymenfinancial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for...

With PRPPs, employees may be automatically enrolled in the savings plan and assigned a default contribution rate by the financial institution administering the plan.

The major issuers in this market are asset - backed issuers (with $ 20 billion outstanding), followed by financial institutions ($ 17 billion), corporates ($ 11 billion) and non-residents ($ 7 billion).

It does this by managing and providing liquidity to financial institutions, monitoring risks and cooperating with other organisations as part of the Council of Financial Refinancial institutions, monitoring risks and cooperating with other organisations as part of the Council of Financial ReFinancial Regulators.

Head of BlackRock Retail Financial Institutions Group Michael Ferraro added, «Allianz Life has long been an innovator in the annuity space and BlackRock is thrilled to partner with them by providing this unique index solution.»

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 Sfinancial institutions (ATB Financial and Canadian Tire Financial SFinancial and Canadian Tire Financial SFinancial Services).

In fact, the guidance issued by the Financial Crimes Enforcement Network (FinCEN) included this sentence, removing any doubt about whether the federal government was signaling that this activity can be conducted: «This FinCEN guidance clarifies how financial institutions can provide services to marijuana - related businesses consistent with their BSA obligationFinancial Crimes Enforcement Network (FinCEN) included this sentence, removing any doubt about whether the federal government was signaling that this activity can be conducted: «This FinCEN guidance clarifies how financial institutions can provide services to marijuana - related businesses consistent with their BSA obligationfinancial institutions can provide services to marijuana - related businesses consistent with their BSA obligations.»

Although interest in blockchain technology is on an exponential rise, with bank investment expected to reach $ 400 million by 2019, widespread adoption by financial institutions will only occur if the blockchain system or distributed ledger is enterprise - grade.

In addition, the Governing Council announced it would purchase asset - backed securities with underlying assets consisting of claims against the euro area non-financial private sector and euro - denominated covered bonds issued by monetary financial institutions (MFIs) domiciled in the euro area.

The company is successfully changing the way people in need of loans interact with their community financial institutions by employing a unified online application process that enables borrowers to get low - interest loans directly from community banks and credit unions.

The «beneficial owner» rule, officially called the Customer Due Diligence Requirements for Financial Institutions rule, is aimed at helping banks better understand precisely who is behind the business entities they are banking by collecting more information about the people associated with these entities.

When the beneficial owner rule goes into effect May 11, financial institutions covered by it will have to start identifying and verifying all «beneficial owners» of business entities who want to do business with them, including applying for business credit.

However, it can increase or decrease at any time — variable rates fluctuate in time with industry rates set by global financial institutions.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

By raising its administered rates, the Fed encourages other financial institutions to maintain larger balances with it, instead of trading those balances for other interest - earning assets.

Many administrative details are shouldered by the financial institution that manages the accounts and you don't have to file annual plan reports with the IRS.

Leading cryptocurrency Bitcoin is not tranquil by a singular director and has faced critique for not operative with financial institutions.

Last year, the member - owned network of banks and other financial institutions revealed a successful proof - of - concept aimed at reimagining the nostro - vostro accounts used by companies to store cash around the world, and in January, it signed an agreement with seven central securities depositories to evolve the way the centralized organizations might leverage blockchain.

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.

In the meantime, he may be trusting that U.S. financial institutions with $ 1.9 trillion of excess reserves — funded wholly by the Fed's quantitative easing — will keep banks afloat with enough of a cushion to withstand any coming storm.

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.

The run was on wholesale money - that is, on repo and on unsecured commercial paper that had been issued in the hundreds of billions by financial institutions loaded down with securitized toxic garbage, including a lot of in - process inventory, on the asset side of their balance sheets.

The intent of FATCA is to discourage tax evasion by U.S. taxpayers who hold financial assets with non-U.S. financial institutions.

Inspired by dealings with financial institutions that didn't fully understand the unique dynamics of doing business in Western Canada, CWB's founders, Dr. Charles Allard and Eugene Pechet, decided to start a bank headquartered in the West for the West.

This philosophy is further reflected in our commitment to offering independent, unbiased advice that is untainted by conflicts and cross-selling that arises with institutions with broader and more varied financial services and product offerings.

Banco Bilbao Vizcaya Argentaria (BBVA), one of the largest financial market institutions in Spain, has become the very first bank to issue a corporate loan with the help of blockchain technology, according to a report published on April 25 by Financifinancial market institutions in Spain, has become the very first bank to issue a corporate loan with the help of blockchain technology, according to a report published on April 25 by FinancialFinancial Times.

«Thus, it would be prudent to accompany any consideration of material adjustments to the calibration of the structural buffers held by the large banking institutions with compensating adjustments to the countercyclical buffer in order to achieve the same overall level of resilience through the cycle,» she said at an event hosted by the Securities Industry and Financial Markets Association.

With peer - to - peer lending, loans are financed by real people instead of financial institutions.

Recent moves by the Monetary Authority of Singapore to strengthen cooperation with China could help to increase adoption of offshore renminbi by financial institutions, de Courcy says.

Although financial institutions have become more cost sensitive, with some considering relocating to less expensive space outside the CBD, high - quality and premium space is still sought after, especially by mainland Chinese firms which are increasingly setting up their offices in Hong Kong (Central) in prestigious buildings.

Although the term is often used with regard to financial institutions, most corporations are also significantly impacted by the cost of funds when borrowing.

The so - called banker's cryptocurrency has failed to rally despite steady media appearances by CEO Brad Garlinghouse and new business partnerships with major financial institutions.

Obama's appointment of Warren, a former Methodist Sunday school teacher, was greeted with dismay by critics in the banking industry who worried she would target financial institutions unfairly.

The attrition of the public realm; the remorseless growth of inequality; the social pathologies associated with its growth; the humiliations suffered by those at the bottom of the economic pile; the callous indifference of those at the top; the penetration of state institutions by corporate interests; the decline of public trust; and, not least, the hubristic irresponsibility of a sometimes criminal financial sector — all the stigmata of pre-crisis Britain — loom as large as they did before 2008.

Also speaking, the celebrant (Tinubu) said it was time for the Federal Government to press forward with its national industrial policy and national infrastructural plan, especially by creating infrastructural funding from financial institutions.

He explained that all prospective bidders bid through their primary dealers, who in turn submitted the investors» bids through the Central Securities Depository platform, adding that at no time during the book building process did the Ministry of Finance negotiate with any investor in any way, and it will indeed be quite difficult to manipulate the process when the three financial institutions are governed strictly by the Bank of Ghana's rules and regulations.