Sentences with phrase «financial system more»

And the highly - destructive hurricanes that struck the United States this year are a real - world reminder that risk spreading via reinsurance in some form makes the financial system more resilient even in the face of unthinkably - severe shocks.»

The Federal Reserve is working to address financial stability concerns through increased monitoring, a more systemic approach to supervising financial firms, and the ongoing implementation of reforms to make the financial system more resilient.»

The Bloomberg article notes that Masters is determined to make the financial system more efficient, using a technology that was initially designed to bypass the financial system — the technology of Bitcoin — without the troublesome openness and potential for privacy.

«Because it is early days, no one knows for sure what fintech developments will ultimately mean for business models or for the financial system more generally,» says Wilkins.

The promise of rearchitecting the global financial system more fundamentally seemed to wither away slightly.

Increased capital targets are consistent with Canadian and international industry trends and makes the financial system more stable and resilient.

The Bank of Canada is optimistic higher interest rates and regulatory efforts to rein in risky borrowing will make the country's financial system more resilient, though the process could take time to unfold and the outcome remains uncertain.

But we have tried to make our banking system and our financial system more resilient so that no matter what kind of shock might hit, our banking system is today much better able to weather it than it was eight years ago.

As I noted in a recent speech, we face three major challenges that will determine how smooth this economic expansion turns out to be.5 First, we need regulatory reform that makes our financial system more stable and resilient.

This priority has given rise to an ambitious and comprehensive agenda of reforms to make the global financial system more resilient.

But job creation is still much too slow and we have much to do on the regulatory side to make our financial system more resilient and robust.

Many expect that the principles of Bitcoin can be applied to the Large Value Transfer System and other settlement systems in Canada to decrease costs and make financial systems more robust.

Governments appreciate this is a new technology that can actually enable them to run their financial systems more efficiently and at a cheaper cost.

Not exact matches

Sen. Elizabeth Warren, a Massachusetts Democrat who led the progressive opposition to the bill, which she nicknamed the «Bank Lobbyist Act,» argued it will increase risk in the financial system and make another devastating economic crisis more likely.

«The minister of finance, supported by the Department of Finance, has ultimate responsibility for the financial system and authority for all financial sector legislation,» he said in a speech in Vancouver in 2009, slamming the door on the efforts of some in Ottawa, including former Bank of Canada governor Mark Carney, to create a more robust system of financial oversight.

Until a more standardized system for financial literacy is put in place, it's largely on parents — and kids themselves — to boost their knowledge.

But «in those countries and corners of the financial system where the traditional services of money are inadequately supplied, Bitcoin (and cryptocurrencies more generally) may offer viable alternatives.»

Indeed, the broader inflation trends shown in Friday's data confirm recent signs of a more sure - footed recovery in the world's second - biggest economy, allowing authorities to resist any fresh monetary easing as they move to curb an unsustainable build up of credit in the financial system.

When the Bank of Canada cut interest rates in 2015 to offset the collapse of oil prices, it was worried about more than a blow to gross domestic product; it was also thinking about what mass firings in the oil patch could mean for the financial system.

In January most large public companies adopted International Financial Reporting Standards (IFRS), a system already used in more than 100 countries (notably across the European Union and wide swaths of the Pacific Rim).

I hope that this new system will give me more control over my money and help me take my financial planning to a new level.

State Street's experiment comes as financial firms prepare to bring more blockchain systems out of testing and into implementation in the new year.

«And even more importantly, a failure to promptly raise the debt ceiling, leading to a U.S. selective default, could seriously damage the global economy and financial system.»

Women don't need more financial literacy, they need a system that works for them.

Unregulated, and closed to investment from all but the very rich and very well connected, they're famous for their robust returns, but more infamous for their spectacular busts, their managers» extravagant new - gilded - age lifestyles, and their influence, real and imagined, on the workings of the financial system.

Analyze your financial systems every three to five years, more frequently if you plan to make a major acquisition, diversify product lines, or expand facilities.

«Without these speedy and forceful actions... more major financial firms would have failed, and the entire global financial system would have been at serious risk,» he says.

«A stress test that claims that if the Dow falls by 60 %, the unemployment rate rises to 12 %, housing prices decline substantially more than they did during the 2008 recession, GDP declines by 6 - 7 % — and that all of that can happen and no bank will be in serious financial trouble or have any problem of being undercapitalized or illiquid — I kind of think says more about itself than it says about the health of the banking system.»

If an independent third party could delve into the charities» financials and come up with a fair and easy - to - use ratings system, Canadians would be more likely to direct the $ 14 billion that they donate every year to the charities that most deserve their money.

«And then, how do we get more women [involved]... It's my intuition that if women are equally involved in designing the new financial system it will be much better for society.»

During the crisis, the global community came together to address weaknesses in the international monetary system: creating the Financial Stability Board and European Stability Mechanism, strengthening central bank swap lines, and carving out a more prominent role for the G - 20.

In that case, monetary policy's ability to get in all the cracks of the financial system — to paraphrase former Federal Reserve Governor Jeremy Stein — would give it a more powerful influence on financial stability.8

I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).

The pace of progress, progress in the direction of more openness to capital flows and greater exchange rate flexibility, will depend in part on the pace at which these governments are able to strengthen the resilience of the domestic financial system and set in place the broader institutional framework and supervisory regime that are vital for an open economy.

With a more resilient system, all of the financial stability concerns I have been discussing become more manageable.

Later, I'll consider how monetary policy might complement other policies that work more directly on the financial system.

But, at the same time, more debt and higher asset prices may create vulnerabilities in the financial system.

At such times, traders and investors who focus on doomsday headlines from mainstream financial media sites are more than likely to be shaken out of their long positions... especially those who lack conviction in their trading system.

The increase in the ties between national financial systems, the greater sophistication of financial markets and financial market instruments allow risks to be shared more broadly and capital to flow to where the returns are expected to be the highest.

Those countries with less - developed institutions and financial systems, limited policy credibility, greater foreign currency debt and / or more precarious economic situations are certainly more exposed than others to external shocks.

One is to foster a more resilient financial system on an ongoing basis.

We believe changes can and should be made that preserve the safety and soundness of the financial system and lead to a more healthy and vibrant economy for the benefit of all.»

Moreover, and perhaps more importantly from a central banker's perspective, these Internet payment methods remain tied to existing payments systems involving the transfer of balances among accounts at financial institutions.

But as long as the PBoC can continue to withstand pressure to lower interest rates — and it seems that the traditional poor relations between the PBoC and the CBRC have gotten worse in recent months, perhaps in part because the PBoC seems more determined to reduce financial risk and more willing to accept lower growth as the cost — China will move towards a system that uses capital much more efficiently and productively, and much of the tremendous waste that now occurs will gradually disappear.

Based on recent speeches, the broad message from the Fed is that the financial system is significantly more robust now.

Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.

It implies that such rules would need to be designed to treat broad issues, such as increases in financial system leverage or aggregate credit growth, rather than more limited sectoral issues.

Gradually, as the financial system became more «elastic,» each business recovery started from a larger debt overhead relative to output.

As managers and academic researchers have tried to remedy the inadequacies of current performance measurement systems, some have focused on making financial measures more relevant.

This resulted in monetary policy working more broadly through the financial system, rather than being focused only on banks, making it more effective and also less distorting.