Sentences with phrase «financial assets backing»

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):
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