Sentences with phrase «done by any other bank»

This has not been done by any other bank before, and it will heavily benefit those who either have a prior banking relationship with Bank of America or are willing to move some of their assets over.

Not exact matches

National Australia Bank is doing things «a little differently» from other banks by taking a big restructuring cost, says David Marshall of CreditSights.
Although the SBA doesn't issue loans directly, it facilitates small business lending through banks and other financial institutions by mitigating associated risks.
«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
JAMIE DIMON: Let me start by saying that I think what the Fed did, and some of the other central banks, it worked.
«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?»
But at least one analyst who tracks big Wall Street firms» bonds says there may be an even bigger problem: Investors, pressured by the need to generate income, simply don't care whether the banks are too big to fail — one way or the other.
A New York Times investigation published last year found that the family had documented assets of more than $ 160 million, a conservative figure that did not include bank accounts, real estate, assets held by proxies or other wealth not reflected in publicly available records.
The bureau also been working on rules that would prevent banks and other financial firms from blocking class - action lawsuits by consumers and would require payday lenders to do more underwriting.
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.
(a) Share of total Australian dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)
By design, Billon is significantly cheaper than any other electronic money provider — they don't require banks to invest into new hardware, software and their integration can be implemented within 12 weeks... therefore, compared to alternatives like payment cards, checks or core - banking system architecture, Billon is 90 per cent cheaper to implement and nearly 100 per cent cheaper to operate.
««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.
The risks are magnified by the asymmetry between what the Fed is doing and what most other major central banks are doing.
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.»
That's nearly 10 % of the National Bank of Belgium's remaining 227.5 tons of gold reserves, which may spark repatriation by the Bank, as other nations such as Germany and Venezuela are already doing.
Because it serves to remind us that even today the «money» that commercial banks and other private - market financial firms produce is in an important respect not the real McCoy at all, but ersatz (if often more convenient) stuff that serves in place of it, and does so only because the firms that supply it, not only make it very convenient to use (e.g., by swiping a debit card), but at the same time offer its users something akin to money - back (which is to say, a «money proper» - back) guarantees.
The Federal Reserve Bank is considered to be independent because its decisions do not have to be ratified by the President or any other government official.
Could there be currency depreciation intentionally done by other central banks?
And I myself have used it to pay editors and translators in other countries and you know there's no fooling around with bank fees and you don't have to fill out any of the capital control forms required by the Federal government.
«I think they'll wait and see how the Canopy deal works out in the short - term but I do think you'll start to see other banks participate in the sector,» Cusson said by email.
That forces your bank to call in loans to make up the lost reserves, which leads to reserves being lost by other banks, which then have to do the same thing.
Not only does Ally Bank charge $ 0.00 on non-network ATM usage, it also reimburses up to $ 10 each month for any fees charged by other ATM operators.
Just as in the other operational categories of the World Bank, its interest in promoting cattle - ranching in Central America does not seem to correspond to a desire to confront the conditions and structures produced by man and by poverty.
The clerk's collaboration is necessary to the theft, something much stressed by Cummings, and is not something the clerk was «doing anyway» or necessarily part of his duties (or recognised duties) as a bank clerk — two other factors stressed by Cummings.
... i believe the kind of investment that arsenal puts on the team is not proportional to the profit thats gained by the club and thats why you will hear year in year out how our returns eclipsed all the other teams but when it comes to investing in the team that brings these profits, its the other way round... what is the use of having money just laying in the bank idle while we can make better use of it by investing well on it???... i honestly don't believe that we will lift another major trophy with mr arsene as our manager... i just don't see it and if you disagree then care to tell me how
After we got married and started sharing a bank account, those extravagant gifts quickly fell by the wayside, not because we didn't want to give the other person special things, but because the other person didn't want to receive them any more.
The website Westmonster, which was launched by Farage's sidekick Arron Banks, wrote: «What kind of message does Champion's resignation send to other MPs or even ordinary people?
Title 18, Section 333 of the United States Code, says that «whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item (s) unfit to be reissued, shall be fined not more than $ 100 or imprisoned not more than six months, or both.&rabank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item (s) unfit to be reissued, shall be fined not more than $ 100 or imprisoned not more than six months, or both.&raBank, or Federal Reserve System, with intent to render such item (s) unfit to be reissued, shall be fined not more than $ 100 or imprisoned not more than six months, or both.»
One is that, to have money, you have to have the precious metal; you can't simply «create money», as the Fed and other central banks currently do, to stimulate spending by making money cheaper than what it will buy.
«Also, Nigeria is now faced with a situation whereby funds are obtained from the official forex market (at lower rates) and diverted to other markets and sold at a higher rate by forex dealing banks and users, who make billions of naira profit just for doing almost nothing.
It may be surprising, but Canadians who live in densely - populated areas where stores, banks, schools and other services are close by do not walk as much as they should.
Prices listed do not include the following fees: $ 349 dealer fee, tax, title, registration, bank, or any other fees that may be imposed by federal, state, county or city agencies.
FEATURES & SPECIFICATIONS: ABS (4 - Wheel), Air Conditioning, Alarm System, Alloy Wheels, AM / FM Radio, Backup Camera, Bluetooth, Child Safety Locks, Cloth Seats, Compass, Cruise Control, Daytime Running Lights, Driver Knee Airbag, Dual Air Bags, Enhanced Stability Control, Entune, Keyless Entry, Leather Steering Wheel, Led Lights, MP3 (Single Disc), On - Board Computer, Passenger Knee Airbag, Power Door Locks, Power Mirrors, Power Seat, Power Steering, Power Windows, Rear Spoiler, Roof Airbags, Side Air Bags, SiriusXM Satellite, Tilt & Telescoping Wheel, Traction Control, Trip Counter, USB Connection Note: Please do not place a bid on the vehicle and ruin our auctions and a fair chance for other bidders unless you have been PRE-APPROVED by your bank / credit union for financing.
THIS IS A LOW BUY IT NOW / MAKE OFFER AUCTION ON THIS TRULY SPECIAL 2017 FORD FUSION SE - EDITION WITH THIS LOW MILES AND THESE OPTIONS... WHICH MEANS THE HIGHEST BIDDER AT END OF AUCTION WINS THIS BEAUTY... BID WITH CONFIDENCE / BID HIGH *********** Note: Please do not place a bid on these vehicles and ruin our auctions and a fair chance for other bidders unless you have been PRE-APPROVED by your bank / credit union for financing... This is a NO TOLERANCE policy and you will get reported to Ebay for non payment!!!
He lost his boat to the bank in»31 when Teddy was eleven, spent the rest of his life hiring onto other boats when they had the work, unloading freight along the docks when they didn't, going long stretches when he was back at the house by ten in the morning, sitting in an armchair, staring at his hands, whispering to himself occasionally, his eyes gone wide and dark.
Since US Bank's mortgage website doesn't allow for custom estimates like other major banks, we obtained comparable mortgage rate estimates from those banks by plugging in US Bank's own assumptions of a $ 150,000 loan and 20 % in down payment.
In addition, US Bank does business in many Western and Midwestern states that aren't covered as heavily by major banks that consumers in other areas take for granted.
They don't cost you anything as their rates are paid by the banks or other lenders.
Possible Australianism - netbank = a website + app by which an Aussie can do their banking, including transferring money to other people.
This story is going to become huge, I predict, and you may soon discover, if you follow developments, that you have personally been ripped off by Barclays and probably many other Big Banks yet to be named, even if you've never done business directly with any of them.
With most banks and other financial taking several days, weeks and sometimes months to approve loans due to the many steps required, payday loans do come as a savior of some sort when one is pushed to the corner by financial emergencies.
While some people worry that online banking is less convenient, and won't provide the same services that they get from traditional banks, others are swayed by the fact that the best online - only bank accounts offer great perks that even the best traditional banks don't.
Capital One was the first to do so and back in May, and over the last few years, they've been joined by Bank of America, Chase, Citi and others, which all provide various free credit scores to their customers.
This latest move by CIBC Investor's Edge, however, may provoke the other bank - owned discount brokerages to get creative on how to sweeten their offers to self - directed investors who also enjoy the convenience of doing all of their banking and investing in one place.
Of course, you can also do better by living in a $ 500 apartment and banking the other $ 500 that you spend on rent.
An appraiser paid by the bank does a drive - by and collects other information to estimate value.
I also keep a smaller savings account at my primary bank that I use when I'm in a cash flow pinch and don't want to touch any other savings, such as my emergency fund, to get by for a few days or weeks.
The lender of the new private student loan will be a bank, credit union, or other financial institution, with origination and servicing either done by the lender themselves, or by entities like Firstmark Services, a division of Nelnet.
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