It may be that by offering such a good deal, the banks are worried about a different
kind of bank run?
Not exact matches
Five years ago, she was poached from Goldman Sachs — where she made her name convincing a number
of large pension funds to hedge in the
run up to the financial crisis — by
Bank of America to
run a first
of its
kind on Wall Street cross-asset, cross-industry structured - strategies group («It's about solutions, not products,» she says).
In terms, I think
of inflation and bond markets, it took six, seven, eight, maybe 10 years
of high inflation in the 1970s before you had Paul Volcker brought in to say «enough is enough,» and then again whether it's led by American monetary policy but similar moves in Europe, obviously in the UK, a significant tightening
of monetary policy because people got fed up with inflation and I don't think that we are
kind of yet at the point where real wages have been suppressed so much by that irritation that inflation is always
running ahead, life is becoming more expensive, so we need the central
bank radically to change their policy.
When a team has hundreds
of millions in its
bank account & refuse to invest into its squad, it makes me wonder what
kind of business they're
running.
Those feed a battery
bank comprised
of four six - watt L - 16 batteries — the same
kind used in golf carts — which in turn are fed through a five - kilowatt inverter, turning the DC power
of the batteries into the alternating current necessary to
run power tools and a variety
of appliances specially selected for their energy efficiency.
Obviously, at least in the German
banks I am familiar with, they strictly refuse any
kind of liability against anything, and that the
bank running the site just forwards the transaction orders to the exchange selected by the user.
So interest rates
run, mortgages 2 -3-4-5 percent, if you are talking to a
bank and they're talking about letting you borrow money at 9 %, 10 %
kind of question that.
But those
kinds of transfers mainly have to do with rewards programs
run by
banks, such as American Express» Membership Rewards and Chase's Ultimate Rewards.
Presumably, this helps the
bank see that you 1) actually have a business and 2) perhaps get an idea
of the
kind of revenue
running through your books.