Sentences with phrase «held by a major bank»

Cash in your account is held by a major bank in a Hard Assets Alliance subaccount of Gold Bullion International.

Not exact matches

The Fed also pressured JPMorgan to dilute the amount of metal held by its own traders in Henry Bath, an issue that has riled major metal consumers and critics of a copper investment fund the bank was trying to launch.

A reserve currency is a foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations.

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

Other major central banks have followed suit, either with rate cuts (Denmark, Canada, Sweden) or by putting plans to raise interest rates on hold (Bank of England).

In early January, the China Banking Regulatory Commission (CBRC) published regulations that limit the number of commercial banks in which each investor can own holdings, which is intended to reduce specific cases of «disorder» in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders&Banking Regulatory Commission (CBRC) published regulations that limit the number of commercial banks in which each investor can own holdings, which is intended to reduce specific cases of «disorder» in the banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders&banking sector, such as the abuse of rights by major shareholders and the existence of «invisible shareholders».

Major banks CBA and ANZ have urged the repeal of a law which allows activist investors, unions and environmental groups to pursue fringe causes by forcing companies to hold costly shareholder meetings.

Australia's major banks are going to struggle to counter the proposition put by banking eminence David Murray that they should hold more equity capital to protect taxpayers against future financial shocks.

It builds upon a selection of relevant and practical papers and presentations given at the 2nd International Conference on Evaluating Climate Change and Development held in Washington DC in 2014 and includes perspectives from independent evaluations of the major international organisations supporting climate action in developing countries, such as the Global Environment Facility.The first section of the book sets the stage and provides an overview of independent evaluations, carried out by multilateral development banks and development organisations.

Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance.

Many «core» Canadian fixed income managers have made a good living by holding large amounts of bank subordinated debt and more recently the capital securities (essentially preferred shares) of all five major banks.

Reserve currency is a foreign currency that is held by major financial institutions such as central banks with the purpose of realization the currency intervention and settling the intergovernmental reclamations or affecting the domestic exchange rate.

Regulated by the CFTC and based in Chicago, with member funds held in segregated accounts in major US banks, Nadex offers secure and innovative ways to participate in the markets.

The report explains that competing travel reward credit cards issued by major banks have also made it tougher for airlines to hold onto card members and to maintain their annual fee structures.

The major news outlets in this country are owned by banks with large holdings in fossil fuels; those banks select the media CEOs, who control promotions to editorial positions, and the editors assign stories to journalists.

Successfully representing a major international investment bank on Spanish derivatives litigation, in relation to a $ 150m claim filed by the holding company of one of the major media groups in Spain.

The major implications for banks targeted by HMRC will be the administrative burden of producing the information requested; the risk of breaching confidentiality laws in the countries where the offshore accounts are held — for example under Swiss and Cayman Islands law there are criminal sanctions for breaching client confidentiality — and other conflict of laws issues; and the risk of Financial Services Authority investigations if it seems that the bank had encouraged the use of offshore accounts in a misleading way, eg by advertising them as tax - free, or by suggesting that HMRC would never know about the income earned on sums in the accounts.

Europe Our European practice has recently focused on representing (i) the Fédération Internationale de Football Association («FIFA») in connection with U.S. and Swiss criminal investigations into allegations of bribery and corruption in the international soccer world («Investigation»), including conducting an internal investigation on behalf of the organization; (ii) two major European banks, including by investigating whether the banks knew or should have known that accounts at the banks were used to pay bribes; (iii) a multinational logistics and transportation company based in Switzerland in a DOJ investigation of alleged violations of the FCPA; (iv) a Switzerland - based, international private bank, in connection with the global criminal investigations involving 1MDB, Malaysia's sovereign wealth fund; (v) several major European banks in connection with the «Panama Papers» investigation focused on whether accounts at the bank held under the names of companies created by the Panamanian law firm, Mossack Fonseca, were used to evade taxes, conduct business with sanctioned individuals or companies, or otherwise engage in criminal activity; (vi) ENRC, a large mining conglomerate formerly listed on the London Stock Exchange, in a high - profile investigation by the UK's Serious Fraud Office of alleged bribery in the company's operations in Africa and Kazikhstan; and (vii) several European banks in connection with the Petrobras and PdVSA investigations focused on whether accounts at the banks were used to pay bribes to Petrobras or PdVSA officials in return for contracts.

The major factors affecting the gold rates in Chennai today are the ratio of buying and selling of gold by central banks across the country and holding gold as forex reserve; gold business as Gold ETFs; cross currency headwinds that influence the gold price, leaving it up to the investors to be cautious to purchase it when the prices are lowering down.

Announcements Metropolitan Bank Holding Corp (NYSE: MCB), one of the fastest growing banks in the United States, is used by a number of major cryptocurrency exchanges.