Sentences with phrase «in control of the banking»

As a bank lobbyist in control of the banking system, he «freed» the bank from government control — and promoted the greatest debt bubble in U.S. history.

I'd say that the owner defaulting on payments and ensuing bankruptcy putting the team in control of the banks, whose goal was to minimize costs, not win on the ice, led to not being able to replace the aging core of the team via free agency, and the years of trading the first / picking late in the first / drafting players like Fistric with their first led to them not having a young core to turn to.

Not exact matches

You can invest in state - controlled firms like Sinopec, PetroChina and Bank of China, but it's difficult to tell whether these firms would thrive were their preferential treatment taken away through economic liberalization.

In countries from Ireland to the United States, housing bubbles spun out of control and side - swiped both the banking sector and consumer spending.

«Banks and financial organizations — perhaps because that is where the money is — and nonprofits, including religious organizations, probably due to their weak business controls environment, are most often the victims of this type of white collar crime,» said Christopher Marquet, CEO of Marquet International, in a statement.

And while you probably would have to go through your boss (or, in the case of entrepreneurs, dip into your less - than - overflowing bank account) to get a raise or switch up your responsibilities, meaning is entirely yours to control.

The figures suggest that the imposition of capital controls in an attempt to stop the country's banks from collapsing had less of an impact than first thought.

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchabank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchaBank of Japan's asset purchases.

In Sweden, where use of cash is vanishing, the central bank is investigating issuing its own digital currency, the E-krona, out of concern that widespread use of other virtual currencies controlled by private actors could harm competitiveness.

Europe's biggest bank marked an end to the threat of further punishment for lapses in its anti-money laundering controls.

His most symbolic coup as a businessman may have come in 1979, when he bought control of trading house Hutchison Whampoa from Hongkong and Shanghai Banking Corp..

If Trump is banking on this part of the state to win, he would need to carry roughly one - in - four voters — an almost impossible task given unions» strong control of members.

Russia's banking sector is dominated by two state - owned banks, Sberbank and VTB, which control around two - thirds of total deposits in the country.

«Starling Bank was founded to empower consumers to take control of their money and better manage it on the move, so Fitbit Pay is a perfect partner for us,» Starling CEO Anne Boden said in an announcement Tuesday.

U.S. law already generally prohibited U.S. financial institutions from engaging in transactions with North Korean institutions, but Treasury's latest actions would impose additional controls, especially the prohibitions on the use of third - country banks» U.S. accounts to process transactions for North Korea.

«Small - business owners are beginning to demand the kind of controls they have in their personal banking tools from the business tools,» says Jeff Schultz, Bill.com's vice president of marketing.

Having noted the success of oil refineries, the government - controlled bank invested in one.

They control 95 percent of all derivatives and hold more than 40 percent of all bank deposits in the United States.

Still, there was degree of complacency in markets that the polls, which had shown a Bersani - Monti coalition, would be able to gain control,» said Westpac Bank's senior currency strategist Sean Callow, referring to center - left leader Pier Luigi Bersani and Mario Monti, the outgoing prime minister who leads a centrist alliance.

«Bankism is the idea that big banks are in control of the economy and not the free markets, trade, product development or business,» says Gerald Celente, founder and director of TRI, a Kingston, N.Y., company that consults with governments and businesses.

Besides owning trains (BNSF Railway), planes (NetJets) and automobiles, Warren Buffett also wholly owns or controls huge stakes in food (Heinz), restaurant (Dairy Queen), beverage (Coca - Cola), banking (Wells Fargo), insurance (Geico), furniture (Nebraska Furniture Mart), real estate (Berkshire Hathaway HomeServices), building (Benjamin Moore) and clothing (Fruit of the Bloom) companies, to name just a few.

The paper finds that the share of total assets controlled by banks with less than $ 10 billion in assets has shrunk twice as fast since Dodd - Frank was put into effect.

Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization, forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to purchase equities, and promised unlimited support from the central bank.

It was a time of sharply rising debt in China, and the risky shadow banking sector (i.e., off - balance sheet opaque lending) was growing rapidly, with few apparent controls.

He ran the China Banking Regulatory Commission's division overseeing the boom in China's trust products, investments considered part of the estimated $ 6.2 trillion shadow - banking system that Chinese officials have sought to bring under government cBanking Regulatory Commission's division overseeing the boom in China's trust products, investments considered part of the estimated $ 6.2 trillion shadow - banking system that Chinese officials have sought to bring under government cbanking system that Chinese officials have sought to bring under government control.

In 15 years, no one will remember the world where the US had capital controls and tons of local banks with banking restrictions between states.

Already, UBS had paid $ 780 million in fines and disclosed details of thousands of Swiss bank accounts held by Americans — including the records of one account controlled by Mr. Hsiaw.

Meanwhile, over in Europe, many of the commercial banks themselves are outright insolvent and have had to resort to cash and withdrawal controls to trap their depositors» funds in a failing system underpinned by negative interest rates.

This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.

He reiterated in a separate filing on Monday that the Wells Fargo shares «were not acquired and are not held» for the purpose of changing control of the bank.

«The downside of these new companies is that there was no one with the political or regulatory strength who could control these companies,» said Brock Silvers, the chief executive of Kaiyuan Capital, a boutique investment banking advisory service in Shanghai.

Inflation expectations remain modest, with the majority of firms continuing to expect inflation to be in the lower half of the Bank's inflation - control range (Chart 9).

The closure of banks and the introduction of capital controls were «extracting a heavy toll on the banking system and the economy, leading to a further significant deterioration in debt sustainability relative to what was projected in our recently published DSA,» the IMF said.

Second, by limiting the ways in which Chinese households could save, mostly in the form of bank deposits, Beijing was able to control the direction in which these savings flowed.

At the Federal Reserve Bank of New York, you will find credit and other risk - control arrangements in place not dissimilar to those you do or should have in place.

On the bank side of the equation, senior executives need to align their views with the mid-level managers who are in direct control of pilot and procurement processes.

The country's opposition is angry that Goldman has, in effect, made life easier for the central bank — the previous owner of the state - controlled Petroleos de Venezuela bonds — thereby propping up Mr. Maduro's regime.

This implies a slowdown in reforms that increase the private sector's productivity and economic share, together with a greater economic role for state - owned enterprises (and for state - owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import - substitution industrialisation policies, and imposition of capital controls.

Anticipating critics who might say that the European Central Bank is not in full control of the eurozone's monetary policy if it shares the risk of its program, Mr. Draghi said, «The singleness of monetary policy remains in place.»

Q: We think of central banks as mostly being in the business of keeping inflation under control.

In Australia, the lifting of interest rates and credit controls, and increased competition from foreign banks, contributed to a surge in credit growth, and a substantial increase in risk taking in the financial sector, and in the community generallIn Australia, the lifting of interest rates and credit controls, and increased competition from foreign banks, contributed to a surge in credit growth, and a substantial increase in risk taking in the financial sector, and in the community generallin credit growth, and a substantial increase in risk taking in the financial sector, and in the community generallin risk taking in the financial sector, and in the community generallin the financial sector, and in the community generallin the community generally.

What Russia has instead are private banks that have not created financial linkages with corporate enterprise, except to gain control of corporate assets and siphon off their economic surplus in various ways.

Russians would pay mortgage interest in domestic rubles, but the banks would convert their earnings on this lending into foreign exchange to remit to the investors who would have bought control of them.

Instead of the governments taking over the banks as in Europe, instead of steering their lending in the public interest, the Treasury is leaving control over to the same guys who have been mismanaging the credit system all along.

The closing of the doors took place in a very low - key way: there was no formal declaration of any capital controls, but the Korean banks could obtain foreign exchange only by going to the central bank, so the central bank could strengthen the banks» bargaining position vis - a-vis the creditors by simply not making foreign exchange available to them.

In any event, the power to make changes did not rest solely with the Bank; many of the financial controls were embedded in legislation and therefore the Treasury and the Government needed to be convinced before any changes could be madIn any event, the power to make changes did not rest solely with the Bank; many of the financial controls were embedded in legislation and therefore the Treasury and the Government needed to be convinced before any changes could be madin legislation and therefore the Treasury and the Government needed to be convinced before any changes could be made.

In addition, cities, states, and taxpayers have concerns about the costs of bonds and borrowing, how to get the best return on banked or invested public money, and an interest in finding innovative ways to fund public spending without surrendering public control, as is often the case with public - private partnershipIn addition, cities, states, and taxpayers have concerns about the costs of bonds and borrowing, how to get the best return on banked or invested public money, and an interest in finding innovative ways to fund public spending without surrendering public control, as is often the case with public - private partnershipin finding innovative ways to fund public spending without surrendering public control, as is often the case with public - private partnerships.

The Board of Governors currently has four vacancies, leaving the member banks in majority control of the FOMC.

Cryptocurrency are digital currencies too, however the important distinction rests in the fact that unlike centralized money that is managed by the banks on behalf of the governments and the people, cryptocurrencies are encrypted store of value that abides by the mathematical laws of their design and creation, which is controlled by the people themselves.

This level of concentrated control creates hazards analogous to those recognized in banking law.