Sentences with phrase «financial default in»

Banging on their shuttered windows and locked doors won't get your money back, but some travel insurance plans include financial default in their coverage.

It includes both a pre-existing medical condition waiver and a waiver for supplier financial default in the base plan if purchased within 15 days of your initial trip deposit.

Select Plus Quality travel insurance with adequate limits and early purchase options at no extra cost This is quality travel insurance that covers all the essential travel risks and provides coverage for pre-existing medical conditions and supplier financial default in the base plan if purchased early (within 15 days of initial trip deposit).

Canadians households are stretched thin already, and heavy debt burdens are putting more Canadians at risk of financial default in the event of interest rates increases, unemployment or other economic hardships.

Not exact matches

Valeant, which has about $ 30.77 billion in debt, also had to appease creditors after missing deadlines for filing financial reports, triggering default notices.

That would prevent a default that would clog the global river of credit — much like the collapse of Lehman Brothers in 2008 — sparking another financial markets meltdown.

The troubled drugmaker filed its 2015 financial report in late April, allaying concerns about a possible default on its debt of more than $ 30 billion.

Even the most popular explainer in recent years of the financial crisis — «The Big Short» — had to employ non sequiturs with celebrities explaining ideas like mortgage - backed securities and credit default swaps to communicate how it happened.

In other words, instead of skipping a handful of payments or defaulting on a loan, contact your creditors and lenders as soon as a problem arises and negotiate some form of resolution that's within your financial means.

Policymakers are fixated on the debt ratio in part because it was at above 160 per cent that households in the United States and Britain ran into trouble about five years ago, contributing to defaults and the financial crisis that triggered the 2008 - 09 recession.

Student loan default has long - lasting financial consequences since it generally can't be discharged in bankruptcy.

Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.

With PRPPs, employees may be automatically enrolled in the savings plan and assigned a default contribution rate by the financial institution administering the plan.

After rejecting Brooksley Born's attempt to regulate credit - default swaps at the Commodity Futures Trading Commission in 1998, he served his banking benefactors by passionately supporting Robert Rubin and Larry Summers in pressing the Clinton Administration to repeal Glass - Steagall, opening the door to make consumer banking dependent on wild financial gambling by the likes of Citibank and what has become Bank of America.

In the 1990s he fought efforts to regulate derivatives — that once - opaque corner of the financial market where mortgage - backed securities and credit default swaps, at the centre of the financial meltdown of 2008, were flourishing.

Combining this with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks, with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).

When virtually every global financial institution is exposed to one other in today's world of free flowing capital markets, where do you hide when bankrupt borrowers like Greece default?

The Obama Administration's Wall Street managers have kept the debt overhead in place — toxic mortgage debt, junk bonds, and most seriously, the novel web of collateralized debt obligations (CDO), credit default swaps (almost monopolized by A.I.G.) and kindred financial derivatives of a basically mathematical character that have developed in the 1990s and early 2000s.

In its Global Financial Stability report in April, the International Monetary Fund issued another dire warning: projected interest rises could throw 22 % of US corporations into defaulIn its Global Financial Stability report in April, the International Monetary Fund issued another dire warning: projected interest rises could throw 22 % of US corporations into defaulin April, the International Monetary Fund issued another dire warning: projected interest rises could throw 22 % of US corporations into default.

According to the most recent report by Consumer Financial Protection Bureau (CFPB) from 2014, private student loan borrowers are finding out they are in default on their loans after the death of their cosigner.

Consider these risks before investing: The value of securities in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions, changes in government intervention in the financial markets, and factors related to a specific issuer, industry, or sector and, in the case of bonds, perceptions about the risk of default and expectations about changes in monetary policy or interest rates.

In its Global Financial Stability report in April 2017, the International Monetary Fund warned that projected interest rises could throw 22 % of US corporations into defaulIn its Global Financial Stability report in April 2017, the International Monetary Fund warned that projected interest rises could throw 22 % of US corporations into defaulin April 2017, the International Monetary Fund warned that projected interest rises could throw 22 % of US corporations into default.

Written by NCEO founder Corey Rosen, this issue brief discusses as of mid-2016 the extent and growth of employee ownership; survey data on ESOPs and corporate governance as well as ESOPs and executive compensation; research on the effect of ESOPs on corporate performance; the 2012 shared capitalism study of Great Place to Work applicants; data on employee ownership and employee financial well - being; the NCEO's analysis of data on ESOPs and default rates; trends in broad - based equity compensation plans; equity compensation and corporate performance; the impact of ESOPs and other broad - based plans on unemployment; legislative and regulatory issues for employee ownership; and international developments in broad - based plans.

This pales in comparison to credit default swaps, which had a notional value that was 100 % of global GDP prior to the 2008 financial crisis.

Quantitative easing subsidizes U.S. capital flight, pushing up non-dollar currency exchange rates Quantitative easing may not have set out to disrupt the global trade and financial system or start a round of currency speculation, but that is the result of the Fed's decision in 2008 to keep unpayably high debts from defaulting by re-inflating U.S. real estate and financial markets.

Greece was officially declared in default on Friday by the European Financial Stability Facility, which holds 144.6 billion euros ($ 160 billion) of Greek loans.

Credit - default swaps on the senior debt of Banco Espirito Santo were the worst performing among financial companies around the world this week jumping 54 percent to the highest in eight months, according to data compiled by Bloomberg.

In the meantime, American banks have had more time to immunize themselves from potential European defaults, further reducing the risks that a blowup in Europe could cause financial panic in the U.In the meantime, American banks have had more time to immunize themselves from potential European defaults, further reducing the risks that a blowup in Europe could cause financial panic in the U.in Europe could cause financial panic in the U.in the U.S.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

The resulting deregulated and unregulated institutions have brought us one financial crises after another — the savings and loan scandal, the bubble and bust in Real Estate Investment Trusts, the collapse of the hedge fund, Long Term Capital Management, which threatened to set off a daisy chain of bond defaults, and more.

The Financial Services Authority (OJK) said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.

Who could benefit: if you want intellectual confidence that sovereign defaults / currency failures can happen even in the US (note we have had two so far, in addition to many other financial crises), this will give you confidence that you are not a nut.

Some also offer income - based repayment if you're in danger of defaulting on your student loans or your cosigner's financial situation has changed (due to a divorce, for example).

In 2012, she dismissed a suit brought by Bank of America against troubled developer Kent Swig who had lost a fortune in the financial crisis, after Swig defaulted on $ 17.6 million in loans tied to his Upper East Side apartmenIn 2012, she dismissed a suit brought by Bank of America against troubled developer Kent Swig who had lost a fortune in the financial crisis, after Swig defaulted on $ 17.6 million in loans tied to his Upper East Side apartmenin the financial crisis, after Swig defaulted on $ 17.6 million in loans tied to his Upper East Side apartmenin loans tied to his Upper East Side apartment.

Changes in the financial condition of an issuer or counterparty, changes in specific economic or political conditions that affect a particular type of issuer, and changes in general economic or political conditions can increase the risk of default by an issuer or counterparty, which can affect a security's or instrument's credit quality or value.

That's because low interest rates, like sub-prime mortgages and credit default swaps, are the proper financial instrument in very limited circumstances.

Generally speaking, your default savings rate will have no relationship to the amount you should be saving in order to meet your financial goals.

It can cause all sorts of financial trouble, and if someone defaults it might be because they're already in financial trouble.

It popped when mortgagors defaulted on their loans, Credit default swaps with no reserves, issued in large part by AIG caused the financial industry collapse.

Hong Kong's Investor Compensation Fund is established to pay compensation to investors of any nationality who suffer pecuniary losses as a result of default of a licensed intermediary or authorised financial institution in relation to exchange - traded products in Hong Kong.

We saw in 2008 how weak links in the mega banking chain spilled out across Wall Street because of the invisible linkages to other banks and financial firms unknown to the public — like the fact that the big insurer, AIG, was the backer for tens of billions of dollars of credit default swaps while having no money to pay off the bets it had accepted from the biggest Wall Street firms.

In this case, your financial institution may be willing to lower the interest rate to make payments more affordable, especially if you are about to default.

Institutional clients are, due to their status as licensed financial institutions, not covered for cash in case of Saxo Bank's default.

That the securities are retrievable is ensured by section 72 of the Danish Financial Business Act on Financial Services, which imposes on Danish banks to ensure that, the client's rights to their securities are at all times protected, also in case of a default.

A financing business is nothing else than an «in - house bank», sharing much more characteristics with a financial than a corporate business, for instance requirement of continuous capital market access, default risk etc..

In turn, these defaults could make it hard for GM Financial to service its $ 80 billion in debIn turn, these defaults could make it hard for GM Financial to service its $ 80 billion in debin debt.

Those higher interests rates increase the financial burden on your country, and that in turn makes default more likely.

In 2007, the market for Credit Default Swaps (CDS) was on a six year journey from relative obscurity, to being the hottest financial product in the worlIn 2007, the market for Credit Default Swaps (CDS) was on a six year journey from relative obscurity, to being the hottest financial product in the worlin the world.

Fears over Greece should increase in the coming days, so then the gold prices, as the yellow metal will be bought as a safe haven or a hedge against the financial turmoil that could follow a Greek default.

There are many cross currents alive in the investment world as the LTRO is behind us, ISDA defaulted on its role as a referee on global financial issues in the face of political threats from the EUROCRATS, and the Bernanke FED looks to be waiting for a new crisis to erupt before undertaking another further easing.