Sentences with phrase «large number of financial institutions»

The notorious volatility inherent with Bitcoin trading and its linkage with criminal activity and money laundering have till now kept a large number of financial institutions at bay.

Not exact matches

Because the Financial Times and The Economist, which both rank 100 institutions, include many non-U.S. schools in their rankings, a larger number of very good MBA programs at U.S. schools remain unranked by those two publications.

In early 2018, the ministry held a number of consultations with representatives of lending platforms, credit unions and large financial institutions to determine the best approach.

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.

However it is complex because SIFIs [systematically important financial institutions] are highly complex, engage in a broad range of complex trading activities and also, because of the number of exceptions to the Rule that the largest banks have been granted regarding these trading activities.»

Invented by traditional financial institutions sometime ago, a number of entrepreneurial lenders have taken to marketing these loans and they have become a large part of the financial scene.

Most information contained in credit files comes from a small number of large banks and other financial institutions.

As one of the largest financial institutions in the world, Wells Fargo provides a number of banking services in more than 8,000 retail branches in more than 35 countries globally.

Business Customers — If the Yorkshire Bank could crack the business bank account market place then we think they would become a much more prominent banking institutions, whilst they do of course have a large number of business customers using their services it is nowhere as near as the number of business companies many of their competitor banks have, and there is always a lot of financial products business companies in particular can make use of at any bank

While the public deal broke ground as the country's largest public bond issue, the private placement presented a number of challenges from a legal perspective given the nature of the deal, which was purchased by Egypt's central bank and used as collateral on a series of loans with international financial institutions.

He represents financial institutions in commercial finance and consumer bank litigation involving a large number of state and federal laws and regulations.

Addleshaw Goddard is proud of its relationship with the banking and building society sector, and we are privileged to be appointed as panel solicitors to a large number of the UK's financial institutions.

Serving as national coordinating bankruptcy counsel for significant clients, including a number of large manufacturing companies and financial institutions.

Ameriprise Financial became a publicly traded company in 2005 and is one of the largest financial planning institutions in the U.S. Ameriprise was ranked number 248 in the 2012 Fortune 500 list of largest U.S. corporations according toFinancial became a publicly traded company in 2005 and is one of the largest financial planning institutions in the U.S. Ameriprise was ranked number 248 in the 2012 Fortune 500 list of largest U.S. corporations according tofinancial planning institutions in the U.S. Ameriprise was ranked number 248 in the 2012 Fortune 500 list of largest U.S. corporations according to revenue.

Joyce said there was «no evidence before me that the financial institutions were aware of the large increase in the number of marijuana grow operations in homes in the Lower Mainland or that they ought to have been aware based on their actual experience as of 2002.