On the other hand, unsecured loans like Personal Loans or Credit Card Loans do not have
any financial assets backing that lending.
Not exact matches
BMO
Financial Group says it has entered into a definitive agreement to buy the fixed income broker - dealer, which specializes in the institutional investor market for U.S. mortgage -
backed and
asset -
backed securities.
Macmahon Holdings has reported a net loss of $ 217.9 million for the
financial year, on the
back of impairments to its
assets during what has been a tough time for contractors and mining services firms.
Copper producer Aditya Birla Minerals has flagged impairment charges in the range of $ 175 million to $ 225 million in its upcoming half - year
financial report, resulting from mining set -
backs, potential
asset divestments, and devaluation of its heap leach inventory.
During difficult market conditions, such as the
asset -
backed commercial paper crisis in the summer of 2007 and the global
financial crisis of late 2008, the BAX has consistently provided customers with price transparency, liquidity and central counterparty guaranteed transactions.
• Anju Software, a life sciences software platform
backed by Providence Equity Partners, acquired the
assets of OpenQ, a provider of technology services to the healthcare and
financial industries.
In the wake of the
financial crisis, the bank has drawn
back from its investment and overseas units, selling off
assets to concentrate on consumer and commercial banking on home turf.
«When you add leverage to any
financial asset that's risen quickly, you're going to get unintended consequences when it comes
back down to earth,» Colas said.
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).
Posted by Arun DuBois under
asset backed commercial paper, banks, economic crisis,
financial markets, global crisis, interest rates.
Posted by Arun DuBois under
asset backed commercial paper,
financial markets, monetary policy.
Unfortunately, Mr. Krugman's failure to see today's economic problem as one of debt deflation reflects his failure (suffered by most economists, to be sure) to recognize the need for debt writedowns, for restructuring the banking and
financial system, and for shifting taxes off labor
back onto property, economic rent and
asset - price («capital») gains.
An
asset -
backed security (ABS) is a
financial security collateralized by a pool of
assets such as loans, leases, credit card debt, royalties or receivables.
Similar to the mortgage -
backed securities that caused the 2008 recession, student loan
asset -
backed securities could lead to the next
financial crisis.
In yet another email exchange, Parrott notes that «all the investors will get this very quickly» in response to a message from Mary Goodman, a managing director at James Caird
Asset Management (and a former Senior Advisor to Treasury Secretary Tim Geithner who later served as Special Assistant to the President for
Financial Markets at the National Economic Council), who stated that the Net Worth Sweep «should lay to rest permanently the idea that the outstanding privately held pref will ever get turned
back on.»
For a recession - resistant portfolio, international
assets can often be uncorrelated with the
financial realities
back home, providing a nice buffer.
2008 global
financial crisis, world HNW and MC's, flooded
back into US, driving USD strength, flatlined global economy, decelrating trade, collapse of commodity values, reduction in opportunity horizon of Manufacturing and Productive EM, along with debt dynamics in China accelerating (Money Printing,
Asset Bloat) and staid developed world horizons and Equity bloat in US.
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.
Financial institutions continued to diversify their funding sources, borrowing predominantly in pounds sterling, euros and Canadian and US dollars, while
asset -
backed issuance was fairly evenly divided between US dollars and euros (Graph 59).
Scenario 2 — Reinvest To 2015 Levels: If, instead of buying
back stock, GE could quickly redeploy the capital from the sale of the
financial assets and earn the same ROIC on that capital, it would generate enough cash flow to justify the current stock price.
Australian non-government entities issued a record $ 44 billion of bonds in the March quarter, with
financial institutions and
asset -
backed vehicles both issuing large amounts, particularly in offshore markets (Table 14).
The 2008
financial crisis, on the other hand, was triggered in part by subprime mortgages — essentially, loans given to homeowners unlikely to be able to pay them
back — and investment vehicles based on them in which these toxic
assets were bundled and often hidden.
And he
backed Bush's Troubled
Asset Relief Program, to bail out the
financial industry during the last recession, an initiative that was anathema to Tea Party supporters, including many in his district.
This collateral (i.e., permissible vehicles investments) may include: (i) match - funded
assets, and, (ii) debt securities, equity securities and other
financial instruments issued or guaranteed by the US government or its agencies, sovereign governments, supra - national entities, corporations,
financial institutions and
asset -
backed or mortgage -
backed issuers that are the subject of credit support agreements.
Apart from all this, this P2P crypto -
asset marketplace is
backed by fintech experts, trading specialists, blockchain whiz - kids, and
financial analysts.
I actually think something else is going on here — rather than talking about regulating the
financial sector, the government and the Bank are signaling that they are willing to provide lender - of - last - resort assurances to those who sell or engage in derivative
financial products, of which the
asset -
back mortgage and commercial debt are but two examples.
Ray focuses on
financial services and commercial real estate, with a specialization in negotiated private placements of term
asset -
backed securities, warehouse credit facilities, whole loan transactions, subordinated debt financings, and other transactions for specialty finance companies and commercial real estate.
Asset -
backed securities are bonds or notes
backed by
financial assets such as non-mortgage loans including credit card receivables, auto loans, manufactured - housing contracts, and home - equity loans.
«The unit at the centre of JP Morgan Chase's $ 2 billion trading loss has built up positions totalling more than $ 100 billion in
asset -
backed securities and structured products - the complex, risky bonds at the centre of the
financial crisis in 2008.
Financial institutions were the main issuers, accounting for over half the quarterly total, with the remainder fairly evenly spread between
asset -
backed vehicles and non-
financial companies.
As discussed above, in the past when credit and
asset price booms have ended, they have often resulted in
financial and economic instability, with banks suffering losses and the business and household sectors cutting
back spending as they repair their balance sheets.
Issuance by
financial institutions eased in the September quarter, reflecting larger - than - initially planned issuance during the first half of 2003 (because of oversubscriptions) and increased issuance of hybrid and
asset -
backed securities.
Fiserv offers integrated, front - to -
back wealth management solutions to help your firm deliver on goals - based wealth management the promise of the unified managed household (UMH)-- a single view of total
assets and liabilities for each customer household, actionable data for optimal
financial planning and decisions, and all the automation for portfolio construction, trade execution and rebalancing, portfolio accounting, performance calculation and reporting.
5 — According to the
Financial Times: «Analysts at Citigroup said a planned tightening of the rules regarding off - balance sheet vehicles would force banks to reconsider arrangements and could result in up to $ 5,000 bn of
assets coming
back on to the books.
Prior to joining XPV, Heramb was Senior Director of Finance with Manulife
Financial, where he was responsible for designing the
back and middle office from start - up to full scale operation for Manulife's newly launched third party private
asset management business.
The company was formed in 1951 in New York City and is
backed by the global
financial giant Bank of New York Mellon
Asset Management.
«We would like to see more
asset -
backed or corporate green bonds, since issuance has been limited, and we are interested buyers,» says Delmar King, fund manager at Praxis, the investment arm of Everence
Financial of Indiana.
Everence was a purchaser in last year's $ 1.75 billion
asset -
backed green bond offering by Toyota
Financial Services.
Barca's current
financial situations permits them to sign only after they sell valuable
assets which not going to happen by signing 30 million full -
back even though they are already on high debt basis.
The huge wealth of American state
assets provided the
backing that enabled a publicly owned institution to raise the
financial resources to achieve specific objectives — first in creating the essential infrastructure of the national economy and then in transforming that economy into an engine for winning the war.
He has a son at home who's about to head to college and
back in the 2007 - 2008
financial crisis, he and his wife nearly lost all their
assets; so $ 100,000 dollars seems very tempting.
Basically, unsecured personal online loans require no
assets to
back it up and this means that a lender will scrutinize your
financial capacity.
When a
financial company takes over the liabilities of another
financial company, those who have lent to the original company should have the right to receive their
assets back at full value, with no deductions for surrender charges, etc..
It's the exact same problem that hourly
financial planners face versus
asset managers: people refuse to pay up front, even if they pay 10x on the
back end.
Cherise Berman, a principal with Bespoke
Financial Consulting, recommends that «if the «core» portion of your portfolio performs well, then take your profits and rebalance
back to your target
asset mix.»
If persistent zero interest rates and quantitative easing that were intended to lead investors to take more risk in pursuit of higher yielding
assets led to dampened volatility, we should expect greater
financial market volatility in 2015 as the Fed pulls
back from its zero rate policy.
To keep performance high, credit - focused managers are moving
back into some of the risky
assets that got tarnished during the
financial crisis like collateralized loan obligations, or CLOs, securities cobbled together from pools of corporate loans.
* Investors in
asset -
backed securities include pension funds, mutual funds, insurance companies, money market funds and
financial institutions.
The following summary analysis assumes that ESIO buys
back $ 100M of stock at $ 6.56 and shows ESIO after the buy
back is complete (the «Carrying» column shows the
assets as they are carried in the
financial statements, and the «Liquidating» column shows our estimate of the value of the
assets in a liquidation):
We have adjusted the September 10Q balance sheet to account for the sale of the SEN JV and to
back out several other payments and projected it forward to March (the «Book Value» column shows the
assets as they are carried in the
financial statements, and the «Liquidating Value» column shows our estimate of the value of the
assets in a liquidation):