Sentences with phrase «largest share of the bank»

Not exact matches

Warren Buffett «s Berkshire Hathaway Inc. (brk - a) has become Bank of America Corp's (bac) largest shareholder by exercising its right to acquire 700 million shares at a steep discount, more than tripling an investment it made six years ago.

HSBC, Europe's largest bank, announced a 5 percent rise in pretax profits in the first half of 2017 as well as the third share buyback in a year.

Power Financial sold its shares of Montreal Trust to Bell Canada parent BCE Inc. for $ 547 million in 1989 because of reservations about the ability of a mid-sized company to compete with Canada's large chartered banks.

HSBC, Europe's largest bank, reported a set of financial results that beat estimates in the first half of 2017 and announced a $ 2 billion share buyback on the back of a growing capital base.

The FDIC's Summary of Deposit numbers released in October showed for the past several years, community banks have continued to lose deposit share to larger institutions.

Berkshire's largest positions also include Wells Fargo and Bank of America shares.

Warren Buffett's Berkshire Hathaway said it would exercise its warrants to buy 700 million common shares of Bank of America, making it the largest shareholder of the lender.

He was hired from Credit Suisse, where he was head of global internet investment banking and was perhaps best known for his leading role on the initial public offering of the Chinese e-commerce giant Alibaba Group in 2014, the largest share sale ever.

Brokers and 3rd - tier investment banks promoting the sale of secondary shares in Unicorn companies — If you ask any large family office, they will tell you they are being bombarded with calls and emails offering secondary positions in Unicorn companies.

Banks, which lend heavily to the energy sector and represent a rather large share of the Canadian market, would see less earnings volatility if oil prices were to stabilize.

The structure of these employee stock guarantee programs also suggests that the banks that have lent money against shares pledged as collateral are likely to take much larger losses than they expect.

This lack of supply has coincided with strong demand — including among institutional investors who purchased large amounts of the Canadian bank's last round of attractively - priced preferred share issuance in December.

Gateway Distriparks Limited, our promoter and largest shareholder, creates a bank of shared knowledge and valuable experience for us to build our operations.

Deutsche Bank AG (DB) shares were an early mover of note after Germany's largest lender said it will launch its $ 8 billion ($ 8.6 billion) capital raising strategy Tuesday with a rights issue priced at a 35 % discount to last week's close.

This is the same Jamie Dimon who didn't need a cash infusion when Hank Paulson summoned chief executives of the nine largest U.S. banks to the Treasury in October 2008, handed them an agreement to sell shares to the U.S. government and told them to sign it; the same Jamie Dimon who managed to steer JPMorgan through the worst financial crisis since the Great Depression and remain profitable; the same Jamie Dimon whom the government tapped to buy Bear Stearns Cos. to prevent potential fallout from its collapse; the same Jamie Dimon who was held up as amodel for how a bank should be run.

JPMorgan, the largest U.S. bank by assets, reported earnings per share of $ 2.37 versus analysts» estimates of $ 2.27 per share.

The different requirements accounts for the fact that larger U.S. banks hold a disproportionate share of total excess reserves.

He also cut his earnings per share estimates for most of the nation's largest lenders, including Toronto - Dominion Bank and Bank of Nova Scotia, by 0.9 per cent in 2017 and 1.5 per cent in 2018.

The largest shares by market cap are the banks, Commonwealth Bank has a market cap of 131 bn, Westpac 109 bn, ANZ 75 bn and NAB 74 bn AUD.

In some cases, where ownership is dispersed among a number of different owners — such as a large law firm or medical group, for instance — the bank will consider and sometimes accept a limited guarantee shared by all business partners, says Battles.

Bonds and stock of Germany's largest bank have plunged this year, with the shares shedding 39 percent of their value and its contingent convertible bonds — known as CoCos, or additional Tier 1 securities — turning in a similar performance.

Former OCC head Keith Noreika and Massachussetts» securities regulator William Galvin share their views on the proposed redefinition of a large bank

My reading of the episode is that the extraordinary financial events of September and October 2008 — several large financial failures, large - scale rescues of major institutions, enough incipient systemic concerns about banking systems to lead governments to issue guarantees, investor panic on share markets — were all observed in real time by households and businesses right around the world.

Wells Fargo is famously Warren Buffett's largest single investment, and even after trimming some shares last year, the Oracle of Omaha still held more than 450 million shares of the bank, according to the latest 13F filing with the SEC from November.

Italian Prime Minister Matteo Renzi also passed a law aiming to encourage a wave of mergers among the country's «popolari» banks — the 10 largest cooperative institutions — while new regulations limiting the number of bank shares that a foundation can hold as well as new tax rules regarding loan write - downs have been introduced.

But as a number of large global banks have recently exited the region, Duraiswamy says this has accelerated the growth in market share of local banks and large regional banks in trade and cash management.

The second - largest banking group in Croatia, PBZ had a market share of 17.2 % of total banking assets at year - end 2012, a rise of 1.4 % on the previous year.

Amid the storm, the bank listed shares of Santander Mexico, with demand coming in at five times the supply, making it the world's third - largest deal of its kind in 2012.

BankMuscat is Oman's largest bank, with 136 domestic branches and a market share of about 38 %.

 Almost a quarter of that was the auto aid. It was important for preserving jobs, for sure. But does it count as «stimulus,» in the sense of stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof that was the auto aid. It was important for preserving jobs, for sure. But does it count as «stimulus,» in the sense of stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof stimulating expenditure? I don't think so. It was more in the realm of a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof a balance sheet transfer that kept an important company going. If the auto aid was «stimulus,» then so too was the much larger line of credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof credit which Ottawa advanced to the banks (they could have tapped $ 200 billion under Mr. Flaherty's EFF mechanism)-- all of which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof which was also repaid. In that case, Ottawa's «stimulus» was more like a quarter - trillion dollars... far outpacing everyone else in the OECD as a share of GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof GDP! Of course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsOf course that's nonsense. This was just one of many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof many ways that Ottawa inflated the true value of its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffsof its stimulus effort last year (including counting as «stimulus» the increase in EI payouts that automatically accompanied last year's mass layoffs).

Half a century after Independence, as of now, we have the largest population of poor people in the world, one third of our rural population is below the poverty line and despite the UN agencies» massive aid projects, the development assistance of the World Bank, bilateral aid, the Center and State governments» intervention, the gap between the rich and the poor has doubled in the last three decades - fifteen years ago the lowest 20 per cent of global population received 2.5 per cent of global wealth whereas at present, the share has been reduced to less than 1.3 per cent.

He'll also share behind - the - scenes stories of his visit to the world's largest sperm bank where the seeds of college athletes are sold to those intent on having an athletic child, and he'll share his trip to a top soccer academy in France that explains why the U.S. isn't producing nearly as many great players.

This project was eventually named Share The Love and is now one of the largest diaper banks in the nation with sites in all 50 states.

Each of them with their particularities, Greece, Portugal, Italy and Spain all share the challenge of dealing with the consequences of sustained large current account deficits, the accumulation of public and private debt and a protracted banking crisis.

Today, he revealed that three of the biggest building societies and banks have joined the government as partners in shared equity, while building companies, including the four largest, are also now able to offer shared equity schemes.

His resignation comes weeks after the largest shareholder in Etisalat Nigeria, the Mubadala Development Company, pulled out of the company, having transferred its 45 per cent shares to the banking consortium.

At Central Fairmount School in Cincinnati, Ohio, assistant principal Bonita Henderson shared a handful of ways in which businesses — large businesses such as Cincinnati Bell, Proctor & Gamble, General Motors, and countless small businesses such as stores, banks, and law firms — are actively involved.

Banks always have accounted for the largest share of auto loans and still make up 33 % of the market, but since the Great Recession, banks have been more reluctant to issue car lBanks always have accounted for the largest share of auto loans and still make up 33 % of the market, but since the Great Recession, banks have been more reluctant to issue car lbanks have been more reluctant to issue car loans.

Banco Pichincha is the largest bank in Ecuador, with a 29 percent market share of the banking system's assets.

BANK OF MONTREAL $ 77 (Toronto symbol BMO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 642.5 million; Market cap: $ 49.5 billion; Price - to - sales ratio: 2.9; Dividend yield: 4.3 %; TSINetwork Rating: Above Average; www.bmo.com) is Canada's fourth - largest bank, with $ 672.4 billion of assetOF MONTREAL $ 77 (Toronto symbol BMO; Conservative Growth and Income Portfolios, Finance sector; Shares outstanding: 642.5 million; Market cap: $ 49.5 billion; Price - to - sales ratio: 2.9; Dividend yield: 4.3 %; TSINetwork Rating: Above Average; www.bmo.com) is Canada's fourth - largest bank, with $ 672.4 billion of assetof assets.

SunTrust's website doesn't share the rates for conventional mortgages, so we compared the bank's fixed rate 30 - year HomeReady ® loan to conventional loans of the same length at the largest US banks.

HSBC — One of the largest banking groups is of course HSBC and a Binary Options trade on their share price value is always going to be a risky proposition unless you are well versed in just how well they are doing and anything they are likely to announce in regards to trading updates.

WELLS FARGO & CO. $ 53 (New York symbol WFC; Income Portfolio, Finance sector; Shares outstanding: 4.9 billion; Market cap: $ 259.7 billion; Price - to - sales ratio: 3.0; Dividend yield: 2.9 %; TSINetwork Rating: Average; www.wellsfargo.com) is the third - largest U.S. bank by assets ($ 1.92 trillion as of March 31, 2018), after J.P....

Exports have been weaker than anticipated, but are still expected to contribute a larger share of Canada's growth, the bank said.

Because of the dramatic pullback, large banks would have to dramatically lower their underwriting standards to regain FHA market share, which they are unlikely to do, he said.

Overall, large banks» share of FHA - insured purchase - only home loans has dropped sharply since February.

Hennessy Focus Fund Portfolio Manager Brian Macauley shares his thoughts on stock valuations, how large banks are a gauge of the broader economy, and why U.S. industrial stocks appear attractive.

Citibank and Wells Fargo share most of the perks and drawbacks of large, national banks.

Finally I shared why personal Cashflow should be King, how I used one of my Value Rules based on the behaviour of management for an investment in PFBC and provided insight into the proportion of mutual fund revenues that some of the large banks receive from a wrap mutual funds in Wraps Revisited.

He also cut his earnings per share estimates for most of the nation's largest lenders, including Toronto - Dominion Bank and Bank of Nova Scotia, by 0.9 per cent in 2017 and 1.5 per cent in 2018.