Sentences with phrase «interests of financial institutions»

Ron has represented creditor interests of financial institutions and investors in such restructuring and bankruptcy cases as Ocean Rig, Seadrill, CHC Helicopter, Erickson, Indiana Toll Road, Pocahontas Parkway, Eagle Bulk, Spyglass Films, American Airlines, Chemtura Corporation, AbitibiBowater and Mesa Airlines.

Indeed, the growing interest of financial institutions in trading Bitcoin is transforming the cryptocurrency market.

Any solution to financial services consumer dispute resolution must take into account four salient factors --(1) the disparity of sophistication between parties, (2) the disparity of resources between parties, (3) the repeat player interest of financial institutions, and (4) the frequently small amounts in controversy.

Not exact matches

But in recent years, as the Bank of Canada held interest rates to historically low levels and consumer debt skyrocketed, the federal government tightened mortgage restrictions on regulated financial institutions, including HCG.

«Blockchain» became the buzz word in financial technology this year, with everyone from banking and financial institutions (like Goldman Sachs and the New York Stock Exchange) to payment processors (Mastercard, Visa, and American Express) extolling its potential and publicly announcing interest in it, often in the form of startup investments.

«As interest rates begin to rise over time, financial institutions will find it necessary to pass along their increased costs in the overall cost of credit to small business and commercial customers.»

And Peter Garrison, a banking expert with Greenwich Associates, which researches financial institutions, recommends exploring nonbank providers because of the interest - rate and recession risks of today's economic climate.

So the fact that large financial institutions like Fidelity are experimenting with Bitcoin mining shows me there's interest on behalf of financial incumbents.

«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of market - rigging.

The central bank announced that it will charge an interest rate of -0.1 % for excess reserves parked at the bank by financial institutions.

These commenters generally noted that many of the nation's largest financial institutions publicly state their current adherence to and support for a best interest standard, and stated the merits of this approach should be beyond dispute.

Financial institutions in advanced economies face a number of cyclical and structural challenges and need to adapt to low growth and low interest rates, as well as to an evolving market and regulatory environment.

Sifting through the thousands of interest rates offered by financial institutions across the country can be an exhausting endeavor.

Delivering the NPP is also, in my opinion, in the interests of the Australian financial institutions, which are at the heart of payments today.

While Bitcoin and other cryptocurrencies have tremendous potential value as a medium of exchange, it is the underlying distributed ledger technology, blockchain, which has emerged to truly capture the interest of entrepreneurs, venture capital firms, financial institutions and other corporations.

While Bitcoin and other cryptocurrencies continue to hold tremendous potential value as a medium of exchange, it is the underlying distributed ledger technology, blockchain, which has emerged to truly capture the interest of entrepreneurs, venture capitalists, financial institutions and other corporations.

Second, DOL «then offers an exemption from this far - reaching prohibition — known as the best interest contract exemption (or «BIC» exemption)-- but conditions it on financial services firms and insurance institutions agreeing to subject themselves to fiduciary standards of conduct in contracts that they must enter into with their customers, as well as a range of other restrictions and requirements.»

As financial institutions» interest in trading cryptocurrencies explodes, Andreessen Horowitz is leading a group of influential venture capitalists to protect cryptocurrencies from being classified as securities.

The company is successfully changing the way people in need of loans interact with their community financial institutions by employing a unified online application process that enables borrowers to get low - interest loans directly from community banks and credit unions.

With the implementation date of the Department of Labor's fiduciary rule looming large in April, all attention has been focused on how financial advisors and their Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best ifinancial advisors and their Financial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best iFinancial Institutions are making adjustments to manage their compensation conflicts of interest, to avoid breaching the fiduciary's fundamental duty of loyalty to act in the client's best interests.

His personal firm, Zeihan on Geopolitics, provides custom analytical products to wide variety of sectors, such as, energy majors, financial institutions, business associations, agricultural interests, universities and the U.S. military.

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.

Adam Back, CEO of Blockstream, says when the team first started out it wasn't clear that banks and financial institutions would be interested in blockchains at all.

By raising its administered rates, the Fed encourages other financial institutions to maintain larger balances with it, instead of trading those balances for other interest - earning assets.

An interesting fact about this trading approach is that a lot of financial institutions are basing their positions on the same pivot point and buying and selling large volumes, which has a direct impact on the price changes of the assets.

They bought enormous amounts of mortgages and other debt instruments, and they drove down interest rates to virtually zero to ensure that the large investment banks and financial institutions survived — forcing retail investors to participate in high - risk securities such as equities and corporate debt instead of stashing their money in banks.

«We are working to ensure that our financial institutions and other market participants are prepared for the normalization of monetary policy and the return to a world of higher interest rates,» Fischer said.

We will serve the interests of our clients - individuals, businesses, developers, traders, as well as other financial institutions and governments.

The stance of monetary policy is expressed in terms of a target for the cash rate — that is the interest rate on overnight loans between financial institutions, which is determined in the cash market.

APRA chairman Wayne Byres said the report should provide important insights for all financial institutions «about the need to maintain a broad focus on all aspects of risk and stakeholder interest and not allow financial success to mask or detract from other important measures of an institution's performance and risk profile».

The APEX team also advises governments in establishing Citizenship by Investment programs, and provides support services to financial institutions, law firms, and family offices representing the interests of high - net - worth investors.

-- Financial institutions have actively extended loans at low interest rates, particularly to «middle - risk firms» against the backdrop of the effects of intensified lending competition under chronic stress and monetary easing.

Interest income is reported by the bank or other financial institution on Form 1099 - INT, a copy of which is then sent to you and to the IRS.

decade - long low level and volatility of government bond yields led financial institution to take massive notional amounts of interest rate risk

It also left unchanged the 0.1 percent interest it charges to a portion of excess reserves that financial institutions park with the central bank.

These nonprofit financial institutions often offer financing to borrowers of all credit types with much lower interest rates than you'd get at other institutions.

The spread between the cost of funds and the interest rate charged to borrowers represents one of the main sources of profit for most financial institutions.

The difference between the average yield of interest obtained from loans and the average rate of interest paid for deposits and other such funds (or the cost of funds) is called the net interest spread, and it is an indicator of a financial institution's profit.

It's a question of WHEN, not IF, banks and other financial institutions begin using digital assets in their day - to - day business operations and it will be interesting to see who the winners and losers in the digital asset space will be.

to select companies or organizations which we believe may offer products, services, materials or information of interest to visitors to this Site; v. to third parties we use to support our business (including fulfillment services, technical support, delivery services, chat service providers, email service providers, forum service providers, advertisement sales and management services and financial institutions); vi.

[3] WHA Resolution 49.15 1996 Preambular para: «Concerned that health institutions and ministries may be subject to subtle pressure to accept, inappropriately, financial or other support for professional training in infant and child health» urged Member States to ensure that «financial support for professionals working in infant and young child health does not create conflicts of interest.»

Institutional conflict of interest is manifest when a strategic or financial influence has the potential to undermine that institution's collective purpose.

The attrition of the public realm; the remorseless growth of inequality; the social pathologies associated with its growth; the humiliations suffered by those at the bottom of the economic pile; the callous indifference of those at the top; the penetration of state institutions by corporate interests; the decline of public trust; and, not least, the hubristic irresponsibility of a sometimes criminal financial sector — all the stigmata of pre-crisis Britain — loom as large as they did before 2008.

The new law was in accordance with new regulations of the Ghana Revenue Authority (GRA), which require that all banks and financial institutions withhold a 1 % tax on interests earned on investment accounts.

The values and institutions of mutualism have the potential to act as a vehicle for a new politics of the public interest after the financial crisis, or so the argument goes.

The county sponsors of the three hospitals included in this amendment, as well as their taxpayers, have a direct interest in financial condition of these institutions and, therefore, the stable pension option is a viable approach to meeting local fiscal demands.

Creates a $ 25 million small business revolving loan program; the state would make low interest loans available to «community based financial institutions» which would make loans of up to $ 125,000 to businesses with one hundred or fewer in - state employers.

The entire population, at some level, has a direct interest in the performance of financial institutions, and they are entitled to know how they are performing.

The Small Business Revolving Loan Fund will provide low - interest loan capital to alternative lenders — community development financial institutions, credit unions, and small business lending consortia — to address the small business credit crisis and get millions of dollars into the hands of small businesses quickly.

Whitfield says, «Even in tough financial times for many institutions of higher learning, there is a great interest in diversity and in aging.»