Sentences with phrase «created by private banks»

Not exact matches

Last September, the federal government set aside $ 400 million to create venture - capital funds led by the private sector, and also promised to give the Business Development Bank of Canada another $ 100 million to reinforce its venture - capital activities.

Citi's private bank created several new roles in Asia: Rudolf Hitsch will be north Asia head, Jyrki Rauhio south Asia head, and Akbar Shah head of business development, according to a memo seen by finews.asia.

The importance of these insights for a proper understanding of central banks» devices for monetary control becomes instantly apparent once one realizes that, by regulating the actual quantity of its outstanding notes and deposit balances, together with the terms upon which it is willing to make more of the last available on credit to private sector financial firms, a central bank is able to influence, not just the quantity of circulating paper money, but the quantity of money substitutes created by the private sector.

Today the same terminology might be used to distinguish the irredeemable currency supplied directly by the Fed from the redeemable exchange media created by commercial banks and other private financial firms.

Before joining the Swiss Finance Institute, a private foundation created by Switzerland's banking and finance community and leading Swiss universities, he worked as a financial analyst specialized in mergers and acquisitions, entrepreneurial finance, impact finance and risk management.

For example this means creating private blockchain networks that can be used internally or between financial institutions - an approach taken by a number of others, including Swiss bank UBS.

Bitmain has announced that it was planning to create more than thirty startups that will create «private central banks» powered by blockchain.

A landmark paper [1] released by the Bank of England in March 2014 explains how private banks create the vast majority of money we use when they make loans.

COUNTRY: Switzerland AWARDED BY: Swiss Private Bank Pictet et Cie WHAT IT IS: The prize has two components — an award of $ 105,000, and «the Commission,» in which a nominated photographer travels to a region where the bank is supporting a sustainability project and creates a portfolio around that project AIM: To support photography, specifically environmentally conscious work ELIGIBILITY: Candidates must be nominated by a selected group of experts that changes with each cycle of the awarBY: Swiss Private Bank Pictet et Cie WHAT IT IS: The prize has two components — an award of $ 105,000, and «the Commission,» in which a nominated photographer travels to a region where the bank is supporting a sustainability project and creates a portfolio around that project AIM: To support photography, specifically environmentally conscious work ELIGIBILITY: Candidates must be nominated by a selected group of experts that changes with each cycle of the awBank Pictet et Cie WHAT IT IS: The prize has two components — an award of $ 105,000, and «the Commission,» in which a nominated photographer travels to a region where the bank is supporting a sustainability project and creates a portfolio around that project AIM: To support photography, specifically environmentally conscious work ELIGIBILITY: Candidates must be nominated by a selected group of experts that changes with each cycle of the awbank is supporting a sustainability project and creates a portfolio around that project AIM: To support photography, specifically environmentally conscious work ELIGIBILITY: Candidates must be nominated by a selected group of experts that changes with each cycle of the awarby a selected group of experts that changes with each cycle of the award.

Forest Trends is a Washington D.C. - based international non-profit organization that was created in 1999 by leaders from conservation organizations, forest products firms, research groups, multilateral development banks, private investment funds and philanthropic foundations.

The Court of Appeals agreed that the EIPA does not create a private right of action against a bank, rejecting the plaintiffs» argument that such a right was implied by the statute.

Europe Our European practice has recently focused on representing (i) the Fédération Internationale de Football Association («FIFA») in connection with U.S. and Swiss criminal investigations into allegations of bribery and corruption in the international soccer world («Investigation»), including conducting an internal investigation on behalf of the organization; (ii) two major European banks, including by investigating whether the banks knew or should have known that accounts at the banks were used to pay bribes; (iii) a multinational logistics and transportation company based in Switzerland in a DOJ investigation of alleged violations of the FCPA; (iv) a Switzerland - based, international private bank, in connection with the global criminal investigations involving 1MDB, Malaysia's sovereign wealth fund; (v) several major European banks in connection with the «Panama Papers» investigation focused on whether accounts at the bank held under the names of companies created by the Panamanian law firm, Mossack Fonseca, were used to evade taxes, conduct business with sanctioned individuals or companies, or otherwise engage in criminal activity; (vi) ENRC, a large mining conglomerate formerly listed on the London Stock Exchange, in a high - profile investigation by the UK's Serious Fraud Office of alleged bribery in the company's operations in Africa and Kazikhstan; and (vii) several European banks in connection with the Petrobras and PdVSA investigations focused on whether accounts at the banks were used to pay bribes to Petrobras or PdVSA officials in return for contracts.