Sentences with phrase «led the bank taking»

Gitto is also said to owe Diamond bank N6billion naira, a matter which has led the bank taking the company to court.

Not exact matches

While they are dabbling in the technology, attending conferences and partnering with R3, no bank is taking the lead and going from proofs of concept to using it in the real world.
After the 2008 financial crisis when Goldman became a bank holding company, it could take in more customer deposits, which led to an increase in its holdings of more than $ 40 billion over the past six years.
Abe had put a lot of personal political capital at stake in beating on the agricultural lobby, and not just the farmers... but the [agricultural] banks, pension schemes, all the rest, to get support for a US - led TPP deal, and then Trump pulls out,» Bremmer said, referring to the Trans - Pacific Partnership, a sweeping trade deal, spearheaded by Barack Obama, that Trump exited days after taking office in January 2017.
«As part of the preparation of the new strategy, executives of Vnesheconombank met with representatives of leading financial institutes in Europe, Asia, and America multiple times during 2016,» the bank said, adding that the meetings took place «with a number of representatives of the largest banks and business establishments of the United States, including Jared Kushner, the head of Kushner Companies.
«My role was to take the software I had built, addressing problems such as Lehman's had on the capital market side, and showing it to large banks and hedge funds and trading desks, and explaining to them how this technology could lead to more well - informed decisions,» Poirier says.
Chapter 3 discusses how conflicts of interest between bank managers, shareholders, and debt holders can lead to excessive bank risk taking from society's point of view.
With Baldet as the lead of its Blockchain Center of Excellence, J.P. Morgan has asserted itself as one of the first banks to take blockchain technology seriously, and one of the few to release working software.
Finally, a team of six central banks, led by the U.S. Federal Reserve, took action, reducing the cost for banks — especially cash - strapped European ones — to borrow U.S. dollars.
Led by firms like Morgan Stanley and Bank of America Corp., the industry has argued that costlier regulations would take away options for smaller investors, who would lose access to advice as well as investment choices.
The European Central Bank has also pursued aggressive quantitative easing to counter deflation in the Eurozone, and some places have experienced negative interest rates, due to fears that deflation could take hold in the eurozone and lead to economic stagnation.
But crypto backers and investors should take comfort in knowing that big banks rarely lead in disruption these days.
These leading banks are taking advantage of Ripple's distributed financial technology to drastically reduce the time and cost of settlement and optimize high volume, low value global transactions.
He turned to Tiff Macklem, the bank's senior deputy governor (who is, incidentally, getting more attention these days as a leading candidate to succeed Carney when he departs next June to take over the Bank of England) to flesh out the household debt picture with detabank's senior deputy governor (who is, incidentally, getting more attention these days as a leading candidate to succeed Carney when he departs next June to take over the Bank of England) to flesh out the household debt picture with detaBank of England) to flesh out the household debt picture with details.
It might take some time to see ATM upgrades in the U.S. financial system because of the strict regulations governing North American banks, according to Bayometric, which is a leading global provider of biometric security systems.
An upturn in bank lending, if taken too far, could also lead to inflation.
Brazilian bank BTG Pactual advised companies on 52 deals valued at $ 31.9 billion, more than any other bank in Latin America, following its own acquisition of a 37.6 % stake in Banco PanAmericano in 2011 and an agreement signed in 2012 to take over leading Chilean brokerage Celfin Capital.
While organisations such as the Financial Stability Board (FSB), the International Organization of Securities Commissions (IOSCO) and the Group of Twenty Finance Ministers and Central Bank Governors take the lead in setting global standards, we contribute to global regulatory initiatives by participating in their task forces and committees to work on implementing financial regulatory reforms, enhancing standards and facilitating market development.
Brexit, election - related anxieties in other major EU countries and uncertainty regarding future monetary policy moves by the ECB and Bank of England have seemingly led investors to take a wait - and - see approach.
It's high time to take a look: • Bank profits: The leading financial institutions won't crack a deal without identifying their profits.
Banking clients expect their commercial technology platforms to operate like consumer - facing technology, and yet new FinTech companies are taking the lead in fulfilling that vision for the financial ervices marketplace.
This is especially true for big bank CEO's where reckless risk - taking — encouraged by stock - based compensation schemes — lead to financial busts that exact a heavy price from the economy, workers and all taxpayers, repeatedly.
The banking world took notice, powering Ripple's momentum as we moved beyond experimentation with distributed ledger technology (DLT) and into commercial production with leading banks.
«With most rate changes, one bank takes the lead and the others quickly match,» McLister said.
In May 2010, French President Nicolas Sarkozy took the lead in rounding up $ 120bn ($ 180 billion) from European governments to subsidize Greece's unprogressive tax system that had led its government into debt — which Wall Street banks had helped conceal with Enron - style accounting.
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.
if they can find Banks willing to take a «long «position that will allow them to have a non-expanding debt load and interest only payments on a loan, they might be able to withstand the low price cycle until opec led by Saudi Arabia can get world producers to curtail production and elevate prices to a point where all producers are making some money.
Midmarket innovators are taking the lead, Internet companies are now world - beaters, and banks are staking their ground in a whole new way.
Later he took a position of technology services account lead in banking, followed by the position of executive assistant to chief executive UK & Ireland, dealing with business running support, and leadership and management support.
It was this human capital that took a desperate refugee population in Hong Kong and turned it into a world - class financial center; this human capital that saw Japan and South Korea arise from the ashes of war; this human capital whose success in turning around centuries of poverty has led to what the World Bank calls «The East Asian Miracle.»
This chasing after the money was a tiring race, and two years into the bank, about the time when Juan and I were talking about where our long - distance relationship was leading us to, I decided to take a risk for love.
However, the big surprise was how well Christian Ponder played against the vaunted Packers D. With the sportsbooks adjusting their lines to take away a big point from the visiting Vikings, six out of 10 spread wagers are banking on Newton to lead Carolina to a four point or more victory at home.
When Sammy smashed us into the lead I reckon we must have plunged about thirty feet or so down the North Bank and it took us a little while to find each other.
That so many working moms and their families are hungry is something we all need to take responsibility for by contributing to and volunteering at food banks, supporting nonprofits like No Kid Hungry, and encouraging our employers to follow the lead of Kellogg's, General Mills and Sodexo to lend their might to the fight as well.
Here, it's taken place in 50 years: 1948, 1967 and the present in terms of the heightened nature of militarism in the West Bank and the Gaza Strip leading to the wall, which I don't see as a wall of security but as a wall of dispossession.
Professor Tony Burgess, head of Structural Biology at the Walter and Eliza Hall Institute, is jointly leading the bank and said the use of organoids would be a step change from current drug testing techniques, which take eight months to yield results that are unreliable.
The story takes place when a young man's mother dies and he is taken in by his bank robbing family, led by his wickedly sweet grandmother (played by Jackie Weaver who very much deserves the Best Supporting Actress Oscar for her role).
Tom Hanks got bumped from the Best Actor in a Leading Role category with Christina Bale, Bruce Dern, Leonardo DiCaprio, Chiwetel Ejiofor and Matthew McConaughey taking the nods while Hanks» «Saving Mr. Banks» co-star, Emma Thompson, lost the Best Actress in a Leading Role nomination to Amy Adams, Cate Blanchett, Sandra Bullock, Judi Dench and Meryl Streep.
And, as it turned out, they'd outdone themselves with «The Lego Movie,» a meta - tastic, beautiful looking, uproariously funny blockbuster that pits Chris Pratt «s everyman Emmett and his various helpers (including Elizabeth Banks «kick - ass female lead, Morgan Freeman «s senile wizard and best of all, Will Arnett's total dick take on Batman) against Will Ferrell «s Lord Business.
The abrupt changes to markets, households, institutions, and government policies that have occurred are unlikely to be reversed soon, which will lead to an investing climate of muted world growth, where central banks and treasuries will find it difficult to undo the emergency steps taken, and overall output will fall below longer - term trends.
Still, the slowing construction sector and the tempered expectation for price appreciations in the housing resale market are taking a toll on investor outlook — and this is prompting leading economists to suggest an interest rate cut by the Bank of Canada at tomorrow's monetary policy announcement.
While banks continue to take the lead, demand for mortgage lenders is still increasing.
Banks still lead at offering mortgages but if the trend continues, mortgage brokers might take over.
The lead time for submitting an application to receiving funds into a designated bank account is usually no more than of 61 days, and often fewer, with initial approval taking place in just twelve days.
And it may have taken three decades, but the central banks (led by the Fed) are now fully trained to focus on & rescue markets, rather than underlying economies.
Risk managers at large investment banks, in the months leading up to the crash, were sidelined or terminated if they warned the banks were taking on too much risk.
This has led some customers to close their bank accounts and even take legal actions through court.
Bank of international settlements (BIS) is a worldwide operating institution that is nurturing the interaction with central banks and other organizations, which are dealing with monetary policy, and also provides other bank procedures: taking deposits, makes loans, and helps in remunerating uncertain steps of funds between the leading currencBank of international settlements (BIS) is a worldwide operating institution that is nurturing the interaction with central banks and other organizations, which are dealing with monetary policy, and also provides other bank procedures: taking deposits, makes loans, and helps in remunerating uncertain steps of funds between the leading currencbank procedures: taking deposits, makes loans, and helps in remunerating uncertain steps of funds between the leading currencies.
Though I can't find the data on the web, what I remember from the scandal at Salomon Brothers that led Buffett to take control, there was a brief loss of confidence that led the investment banks margin desk to raise the internal borrowing rate by 3 - 4 % or so.
The meltdown has forced the world's biggest banks and securities firms to take $ 467 billion in asset write - offs and credit losses and led to the collapse of Bear Stearns Cos..
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