Sentences with phrase «effect on the banking industry»

Since 2010, the legislation has undeniably had a negative effect on the banking industry, driving dozens of institutions to ruin and giving borrowers far fewer options.

Not exact matches

After falling to record lows, a new positive attitude toward the banking industry is great news due to the effects on consumer decisions.

Though the committee didn't offer details on how the banking industry might incorporate bitcoin into its business, it was optimistic about the currency's potential effect on the economy:

The most pointed comments Tuesday came from Mr. Dimon, who has been vocal about the effect regulatory changes are having on the banking industry.

Regardless, the immediate effect is downward pressure on the value of currency and assets linked to housing and the banking industry.

He conceded that the action would have a «near - term chilling effect» on the industry's lobbying effort to compel banks and insurance companies to accept its business.

For instance, if you invest all your money in companies within banking industry, a change in government policy may have adverse effects on your entire investment.

Steve Johnson features on Sky Business, talking about the banking industry and the need for transparency as well as the likely effect this will have on the market.

In both instances, these services or products may include: company financial data and economic data (e.g., unemployment, inflation rates and GDP figures), stock quotes, last sale prices and trading volumes, research reports analyzing the performance of a particular company or stock, narrowly distributed trade magazines or technical journals covering specific industries, products, or issuers, seminars or conferences registration fees which provide substantive content relating to eligible research, quantitative analytical software and software that provides analyses of securities portfolios, trading strategies and pre / post trade analytics, discussions with research analysts or meetings with corporate executives which provide a means of obtaining oral advice on securities, markets or particular issuers, short - term custody related to effecting particular transactions and clearance and settlement of those trades, lines between the broker - dealer and order management systems operated by a third party vendor, dedicated lines between the broker - dealer and the investment adviser's order management system, dedicated lines providing direct dial - up service between the investment adviser and the trading desk at the broker - dealer, message services used to transmit orders to broker - dealers for execution, electronic communication of allocation instructions between institutions and broker - dealers, comparison services required by the SEC or another regulator (e.g., use of electronic confirmation and affirmation of institutional trades), exchange of messages among broker - dealers, custodians, and institutions related to a trade, post-trade matching of trade information, routing settlement instructions to custodian banks and broker - dealers» clearing agents, software that provides algorithmic trading strategies, and trading software operated by a broker - dealer to route orders to market centers or direct market access systems.

Notable cases include Solo Industries UK Ltd v Canara Bank [2001] 2 Lloyd's Rep 578 (Commercial Court & Court Of Appeal) and Standard Bank London v Canara Bank (Commercial Court), concerning the effect of third - party fraud on guarantees, and Sucden Financial Ltd v Garcia (Commercial Court), on whether an instrument was a guarantee or a performance bond.

Disclosure of confidential banking data based on suspicion of fraud will have a detrimental effect on the finance industry, says Sam Nafissi

It argues that the rule of law is being undermined by broadly drafted laws that, in practice, allow the regulators or prosecuting authorities to decide what is illegal, eg s 75 of the Banking Act 2009 gives the Treasury the power to disapply or modify the effect of any law without Parliamentary approval, and the financial services industry as a whole increasingly relies on «principles - based regulation».

There has not yet been any spillover effect on the credit card industry, according to Mark Vitner, senior economist at Wachovia Bank, but many market experts worry that American consumers might soon become overwhelmed with the $ 2.41 - trillion debt they have accumulated in recent years.

If that rule stays as proposed, it would have a devastating effect on our industry,» says E.J. Burke, chairman - elect of the Mortgage Bankers Association (MBA) and executive vice president and group head of KeyBank Real Estate Capital & Corporate Banking Services, a division of KeyBank N.A.