Sentences with phrase «cost for banks»

The federal funds rate, the borrowing cost for banks, climbed more than three percentage points in 1979.

It is also seen to cut cost for banks as high as $ 20 billion per year by 2020.

He speculated that the cost for banks to fund variable mortgages is lower than the cost of funds for fixed - rate mortgages.

The larger the exemptions, the lower the cost for banks and the lower the (effective) lower bound.

The Fed has a dual mandate to maximize employment and stabilize inflation, which it tries to achieve primarily by pushing up or down the federal funds rate, the benchmark short - term financing cost for banks that influences a wide range of borrowing rates for households and businesses.

Finally, a team of six central banks, led by the U.S. Federal Reserve, took action, reducing the cost for banks — especially cash - strapped European ones — to borrow U.S. dollars.

The cost for banks to borrow short - term dollar funds from other banks surged to its highest level since 2012 as financial institutions scrambled to secure funding before thinning trading volumes.

Instead, banks and payment providers can use XRP to settle these payments on demand, and in a highly liquid and low volatility state, XRP could lower liquidity costs for banks by approximately 98 percent.

According to Greenwich, post-financial-crisis rules have increased capital costs for banks, causing many fixed - income dealers to respond by slashing inventories and pulling back from their traditional role as providers of secondary market liquidity.

The increase in BBSW spreads will lead to increased funding costs for the banks so they will eventually have to raise rates if they want to protect their margins (the negative publicity with the RC might actually mean that they will not be so quick to do this).

The central bank's apparent reassurance came after China's financial system showed fresh signs of stress on Monday, with short - term borrowing costs for banks soaring on heavy holiday - induced demand for cash and rising worries over the vast shadow - banking sector.

[17] This spread covers operating costs for banks providing loans and deposits.

So, any change in the regulations governing mortgage loan insurance could mean an increase in costs for banks, which is passed on to home buyers, or banks could simply make it harder for borrowers to qualify for mortgages, as they look to reduce their exposure to riskier mortgages.

Both approaches would likely mean greater costs for banks and payment services providers, intensifying the onus on these firms to demonstrate that their defence against APP is as robust as possible.

This increase has been driven by a sharp jump in legal provisions in the banking industry, with legal costs for banks rising by 44 percent...

Under the circumstances, the Plaintiff deserves to be indemnified through an award of substantial costs for the Bank's attempt to impede their access to justice.

As well as being more convenient for customers, this also reduces the time taken to deal with telephone queries, and therefore reduces call centre costs for the bank.

The pair is hoping to play a disruptive role in the global payments space with Lightyear by aggressively pursuing a global mission of creating an open and public financial infrastructure, enabling greater access for individuals, lowering costs for banks and increasing revenue for businesses.

Not exact matches

The bank will have to cut costs, too, and RBC has been thinking about this for a while, according to Routledge.

Its supporters say it will reduce burdensome compliance costs for small banks in rural areas, but its critics say it would undo important regulations on larger banks with assets in the hundreds of billions.

A little further into the article comes the real kicker: The Bank of Montreal report «pegs supply costs for oilsands projects in the range of US$ 50 to US$ 90 per barrel.»

But with money after Christmas still being a little tight, this emergency vacation needs to be cost - effective if it's going to work with your bank balance and savings plan for the year ahead.

Competition for cash has returned with a vengeance, after the Fed stifled it in 2008 to keep the cost of funding for banks to near zero so that they could maximize their profits in order to rebuild their capital after teetering on the verge of collapse.

There could also be opportunities for manufacturers, for whom transportation is often a major cost, says Derek Burleton, deputy chief economist at TD Bank Group.

The impact of the adjustment is likely to be mild on most parts of the economy — for instance, slightly increasing borrowing costs for consumers and small businesses that rely on more traditional bank - loan financing.

Given the collapse of commodity markets was the trigger for the shock interest - rate cut in January, it is reasonable to speculate that continued weakness could prompt the central bank to lower borrowing costs a third time in 2015.

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

It has already secured up to several billion dollars of financing from Chinese state - controlled banks, including the China Development Bank, for the project, which Mexico estimates will cost $ 10 billion over 10 years, one of the people said.

Ottawa's intent, it seems, is that by forcing CMHC to curtail bulk insurance, it has nudged up the cost of capital for the bank.

«These five cities are also the most expensive for a haircut so the pre-date investment costs are also high,» Deutsche Bank said.

If you want to take your date away for the weekend, Italy's Milan might break the bank, costing around $ 2,092, the survey found.

The crisis would soon give Waugh a chance to test his aptitude for risk, with an opportunity that could have won Scotia a place at the top of U.S. banking — or cost it dearly.

A separate index by the Bank of Japan that strips away the effect of energy costs also showed inflation slowing, suggesting that weak consumption and falling import costs are discouraging firms from raising prices for a broad range of goods.

Macron has said he hopes to pool liability for various kinds of debt: a completed banking union would ensure bailout costs for individual financial institutions would be distributed across the continent rather than borne by individual countries, and the so - called Eurobonds would allow national governments to borrow money against a joint continental credit rating.

For example, it initiated a project to support co-operatives in Odisha, India, by training female farmers to build and conserve organic cotton seed banks, which reduces farm operating costs and improves profitability.

Without the presence of U.S. banks, the market for sovereign debt could become less liquid, and borrowing costs for governments could rise.

For example, while the Bank of Canada uses core inflation to set its monetary policy, that figure does not include the cost of fuel and food, which nonetheless represent a significant chunk of many household budgets.

Dig Deeper: An Eye Bank Bets on Best Practices How to Become a Social Entrepreneur: Think of It As a Business «The modern non-profit must adopt many of the same strategies, policies and best practices employed by successful enterprises in the for - profit world, but not at the cost of its soul,» writes Scofield.

Also last year, the Congressional Budget Office issued a report suggesting the bank may cost taxpayers money after all, using the fair - value accounting method, which accounts for market risks of the loans the agency makes.

Paying for all of the costs associated with a detached home in the Vancouver area requires 121 per cent of median household income; for a condo, it's 46 per cent of income, making it Canada's least affordable city, according to economists at the Royal Bank of Canada.

In addition to the entrepreneur usually getting a lower cost of financing, the entrepreneurs can bypass the sometimes complex and costly application process for bank loans.

While the bank has recently said that its plan to merge the two units remains on track for the second quarter, it has also pledged to achieve annual cost synergies of 900 million euros by the end 2020, to a large extent by cutting the workforce.

A report from the pair, titled «Banking on Blockchain: A Value Analysis for Investment Banks,» looks at real - world data from 8 of the world's top 10 banks and estimated that blockchain technology, first developed to underpin bitcoin, could cut operational costs by up to Banks,» looks at real - world data from 8 of the world's top 10 banks and estimated that blockchain technology, first developed to underpin bitcoin, could cut operational costs by up to banks and estimated that blockchain technology, first developed to underpin bitcoin, could cut operational costs by up to 30 %.

Richard Lumb, Accenture's group chief executive for financial services, says in an emailed statement: «Through this first - of - its - kind analysis of real - world cost data we draw a clearer line under blockchain's value to investment banks.

Today, as global markets nervously watch to see how much it will cost to save European banks from their willingness to make risky loans, critics around the world are calling for Hammurabi - style reforms to make sure financial institutions, not taxpayers, pay for future bad bets.

In fact, Zervos even explains the skyrocketing bond yields in Spain and Italy that we've been seeing recently, arguing that borrowing costs for sovereigns will rise even as Europe establishes a watershed banking union.

The fact that megabanks, the very entities central banks coddle and protect at all costs, are wheezing and begging for mercy is likely giving central bankers the willies.

Though it had little impact on the bank's bottom line, a phony accounts scandal dominated 2016 for Wells Fargo, which continues to deal with the costs and fallout stemming from its aggressive sales tactics.

The case for lower interest rates is weaker, but most forecasters still expect the Bank of Canada will wait at least a year to raise borrowing costs.

The Bank of Canada, for one, has carefully assessed the economic risks of consumer debt in order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.