Although the impact on
the larger financial sector may be muted, there are over 23 million consumers who hold subprime auto loans.
Beyond this, you must also consider their sector representation (some of the Canadian equity ETFs, for instance, have
large financial sector exposure) as well as whether a CAD currency hedge (aimed at removing their foreign currency risk) is something for you or not.
It is the convenient approachability of forex market in the current times that makes
it the largest financial sector in the world.
1 The S&P Financial Select Sector Index is followed by
the largest financial sector ETF in terms of assets.
The 2008 global crash caused a 6 % decline in GDP as activity and tax receipts dried up in
our large financial sector and the rest of the economy contracted.
More than seven years of experience in
large financial sector with specialization on fraud audits and investigations
Not exact matches
In KSA, the Saudi stock ETF,
financials (39 percent) and materials (31 percent) are the two
largest sector weighting.
There could even be job losses in the
sector, as well as lower wages for bankers — bad news in a country where the
financial sector was the
largest single contributor to GDP in 2010, accounting for 195,000 skilled jobs.
HSBC, Europe's
largest bank, had reportedly been considering moving 1000 jobs to Paris in the event passporting rights for the British
financial sector could not be guaranteed post-Brexit.
CMHC has two private -
sector competitors, the
larger of which is Genworth
Financial.
The news comes at a time when the
financial industry at
large has struggled with losses associated with risky loans in the energy
sector, market volatility, and stiffer regulation.
The
financial sector is up 18 percent since election day, in
large part accepting of that belief.
It was before Federal Reserve chairwoman Janet Yellen broke the customary sphinxlike silence of her office to observe that valuations in some tech categories have become «substantially stretched,» before the tech
sector eclipsed
financial services as the leading destination for elite business school graduates, and before tech money made over
large swaths of New York City, Los Angeles, Seattle, and Austin, and, of course, the entire San Francisco Bay Area, where one in five working adults is employed by a tech firm.
«Pension funds are often
large participants in the
financial system, as they are in Canada, and so risks in this
sector merit careful monitoring,» Wilkins said.
China has been trying to get its unruly
financial sector under control, worried that asset bubbles and its enormous unofficial — or «shadow» — banking system could threaten its economy, the world's second
largest after the United States».
National Australia Bank's MLC - home to the country's
largest retail superannuation fund and $ 199 billion in assets under management - officially joined the bulging list of
financial services
sector initial public offering candidates on Thursday morning, when NAB chief executive Andrew Thorburn flagged intentions to divest the business.
It is well - balanced across a range of
sectors, with
financials and industrials being the
largest.
Taken to its natural conclusion, this logic dictates that we shut down the oil sands, abandon our resource wealth, have high and variable inflation, run
large fiscal deficits and diminish our
financial sector.
The
financial sector,
large and small, is doing great in terms of profitability (and that's before all their goodies in the tax cuts), credit is freely flowing, and while there's always speculation afoot in
financial markets, there are no
large and potentially destabilizing credit bubbles.
New York's
large and diverse trade and services
sectors have flourished, riding on the back of last year's prosperity in the
financial services
sector.
In contrast to banks and other
financial corporations, the non-
financial sector's foreign currency liabilities have risen since 2009, consistent with an increase in borrowings in foreign debt markets by
larger corporations (particularly in the mining
sector).
Failure to proceed with a joint reform has led the banking and
financial sector — along with its major client base, the real estate
sector — to scale back property taxes and «free» the economy with taxes so that the revenue can be pledged to the banks as interest to carry
larger loans.
As a result, bilateral ties between the two countries have become highly personalized with Russian President Vladimir Putin and Chinese President Xi Jinping directing government commissions, sitting officials, and heads of state corporations to develop
financial and trade deals — most of which are
large - scale, top - down investments of Chinese money into key
sectors of the Russian economy.
«Recovery plans required of the
largest banks are helpful in ensuring banks and regulators are prepared to manage periods of severe
financial distress or instability affecting the banking
sector,» he said.
Ever since Britain voted to leave the European Union there has been more debate about the future of London's
large financial services industry than any other
sector of the economy.
Using detailed data from two
large Canadian mutual fund dealers (accounting for about 5 % of their
sector) for 3,276 Canadian
financial advisors and their 488,263 clients, and returns and fees for 3,023 associated mutual funds, during January 1999 through December 2013, they find that:
Meanwhile, on the earnings front, after we heard from some big
financial names last week, the next four days will bring even more reports, with the focus on the
large - cap
sector and some key corporations, such as Verizon (VZ - Free Verizon Stock Report).
The future of London as Europe's
financial centre is one of the biggest issues in Brexit talks because it is Britain's
largest export
sector and biggest source of tax.
We have government debt, corporate debt, and a much
larger Fed balance sheet (which, some people argue, drove bond buying by the public), but those are offset by a significant deleveraging in household and
financial sector debt.
Our strong fiscal - year results were primarily due to stock selection and our relatively
large weighting in more economically sensitive
sectors such as consumer discretionary and
financials.
As the amount of short - term borrowing and lending among
financial institutions expanded, markets for repurchase agreements and commercial paper became primary funding sources, forging a chain that linked the fortunes of many institutions and various
financial sectors to the performance of a few of the
largest and exacerbated systemic vulnerability.»
Information technology is the
largest underweight, following the cyclical energy
sector and
financials, which were hit hard during the 2008 - 09 recession.
Nowadays, however, governments of our democratic societies are almost invariably
large financial debtors, often the economy's most highly indebted
sector.
Exhibit 4 below shows the disparity between the 2017 and 2021 earnings estimates for two of the
largest companies in the technology and
financial services
sectors.
The majority of the companies under coverage are in the banking
sector; our coverage of this
sector is among the broadest in the U.S. and includes
large - cap multinational
financial institutions and small - cap community banks located throughout the U.S, plus a broad array of national and
larger regional banks.
A UK currency drop will benefit
large companies with overseas earnings, but domestic
sectors such as homebuilders, retail and
financials do look vulnerable.
The question of whether to favor the
financials or technology
sector may seem binary as well, because
financials is the
largest sector in the
large - cap value index and technology is the
largest sector in the
large - cap growth index.
The tourism,
financial services and real estate
sectors of Lebanon's economy are booming, and overseas remittances are pouring in from the Lebanese expatriate community, which has increasing ties to the country, making it one of the
largest recipients of such income in the world, in terms of share of gross domestic product.
And so in terms of
financial repression, perhaps the one key
sector that we need to look at is student loan debt because so many millennials are carrying student loan debt, and you know a small student loan debt is like $ 25,000 - $ 30,000 if someone can escape with a bachelor's diploma and only have $ 30,000 in debt they're considered to have done quite well, but when you think about it that's a pretty
large debt for somebody who doesn't even have a full - time job yet.
The number of possible benchmarks that investors or analysts can choose from is extensive, especially for a
sector as
large and as critical to overall market performance as the
financial services
sector.
Much of this reflects the fact that we did not have a
financial crisis in Canada (like that experienced in the United States and other countries) and our relatively
large stimulus package provided much needed support for the private
sector in supporting demand.
News flow from Germany's
financial sector was less positive, as one of the country's
largest banks endured a difficult month, rocked by an unexpectedly
large claim from US regulators related to past mis - selling of mortgage products.
Nonetheless, pension funds are often
large participants in the
financial system, as they are in Canada, and so risks in this
sector merit careful monitoring.
It was a
large - scale massacre of the «Latin» (Roman Catholic) merchants and their families, who at that time dominated the city's maritime trade and
financial sector.
Arla added that it was facing tougher overall competition in the retail
sector as well as
large fluctuations in foreign exchange rates, which were also hampering the group's
financial performance.
Dairy products are New Zealand's
largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy
sector debt on the Reserve Bank's radar as a growing risk to
financial stability.
The
largest short covering for the week starting October 14 was in
financial stocks, while the
largest increase in short positions was in the consumer staples
sector, CBA says.
The Health for Life Fund is still fundraising and has commitments not just from the
financial world, but also from the food and nutrition
sector such as Danone, the French food company, and Tereos, the world's third
largest sugar company and many others.
«The UK's current
financial situation means that there is likely to be limited opportunity for
large public spending infrastructure projects and attention may have to shift to user charging and private
sector investment in new infrastructure.
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.