Sentences with phrase «made by banking institutions»

Professor Foster explains that the recent decisions made by banking institutions during the Greek crisis went on for many hours through the night, with the resulting outcomes being made by people who almost certainly lacked sufficient sleep resulting in decisions being made when their skills were impaired.

Not exact matches

Big Wall Street banks have found a way to continue funneling money to high - risk borrowers — by lending to other institutions who make the so - called subprime loans.

... and new institutions such as the Business Growth Fund, funded by five of the UK's largest banks, have started to make a difference.

Earlier this year, the CFPB issued a new rule to make it easier to mount a class action against banks and financial institutions by banning forced arbitration.

The Federal Reserve pumps money into the banking system by purchasing bonds and, when the system breaks down, makes enormous bailout payments to cover the bad debts run up by banks and other institutions to mortgage borrowers, businesses and consumers.

Such structural improvements protect the financial system by making it less likely that banks will suffer liquidity crises or that such crises will spread contagiously from one institution to another (see below).

It said virtual currencies issued for wholesale use only — that is, by banks and financial institutions to settle payments rather than by consumers for purchases — could help make trading securities and foreign currencies more efficient.

Through Zelle — a P2P payment network under development for six years — 30 financial institutions will offer the service on their mobile banking app, making it easier for more than 86 million consumers to split restaurant bills and pay the dog - walker by phone.

By paying interest on excess reserves (IOER), the Fed rewards banks for keeping balances beyond what they need to meet their legal requirements; and by making overnight reverse repurchase agreements (ON - RRP) with various GSEs and money - market funds, it gets those institutions to lend funds to iBy paying interest on excess reserves (IOER), the Fed rewards banks for keeping balances beyond what they need to meet their legal requirements; and by making overnight reverse repurchase agreements (ON - RRP) with various GSEs and money - market funds, it gets those institutions to lend funds to iby making overnight reverse repurchase agreements (ON - RRP) with various GSEs and money - market funds, it gets those institutions to lend funds to it.

Mortgage banks and originators are make their money by either keeping and servicing your mortgage themselves or selling the right to collect your payments to investors or other institutions.

This makes them more popular in a bearish market season, while the non-guaranteed varieties are issued by banks and financial institutions and often carry more risk.

Instead, when the Fed makes its first rate hike — something that probably won't happen until at least September - 2015 — it will do so by 1) raising the interest rate paid on bank reserves, 2) increasing the amount that it pays to borrow money via Reverse Repurchase agreements, and 3) boosting the rate that it offers to financial institutions for term deposits.

North Korea, for example, will target international financial institutions by acting exactly like criminals to get information from a bank to sell it on the Dark Web and make money.

They are able to balance this by having their tokens based on real - world assets, meaning the value will basically stay consistent, making the process much more appealing for banking institutions and investors.

Whenever the banks claim this is a law, a regulation, I keep saying to everybody that's interested in changing the growing distrust in parliamentary institutions and politicians is that all laws have been made by people and thus all laws can be undone by all people.

«Our continued rise in the league of the world's biggest banks is made possible by the passion and unwavering commitment of every member of staff, the management and the board to building a solid financial institution reputable for innovation, integrity, good corporate governance standards, and excellence in service delivery.»

In the words of Dr Bawunia who, in 2017 «challenged the Bank of Ghana, GhIPPS, the Telcos and Financial Institutions in Ghana to ensure that mobile money platforms were Interoperable,» this feat «has been made possible by hard working Ghanaians.»

As for why the corruption, all the obvious reasons: a) the country's made up of a zillion different historically hostile tribes arbitrarily thrown together as a country by the Brits; b) life is short, there are few official safety nets (e.g., unemployment insurance, pensions), so there are few moral qualms about taking care of your own, no matter what; c) there's not yet any sort of history of democracy, of regulation of profiteering — this is a very young, very capitalist country; d) the outside world and all its wealth provides tremendous incentives for corruption — the amount and indiscriminate nature of foreign aid, the fact that the amount of money that would eventually be paid for, say, a rhino horn dagger will trickle down to paying the poacher enough money to cover his kids» school fees for years; e) the fact that the west encourages the illicitly wealthy in the developing world to hide their loot in western institutions (e.g., Swiss banks).

They are for undergraduate and graduate students and are made by private banks and financial institutions.

Like private student loans, refinance loans are made by private banks and financial institutions, and eligibility and interest rates are based on the credit history of the borrower and / or cosigner.

You can simplify your credit card payment process by making your payments electronically from any checking or savings account owned by you at BancorpSouth or at any other bank or financial institution.

There are also private student loans, meaning the loans are made by private institutions such as banks, credit unions, and financial institutions.

(B) «Credit repair services organization» does not include: (i) Any person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting Act (15 U.S.C. 1681 - 1681t).

The fund invests under normal circumstances at least 80 % of its net assets (plus any borrowings for investment purposes) in senior secured floating rate loans made by banks and other lending institutions and in senior secured floating rate debt instruments, and in derivatives and other instruments that have economic characteristics similar to such securities.

This insurance helps protect the individual making the deposit, and that protection helps protect the bank from «runs» by its depositors when questions of the institution's health arise.

State Farm Bank, for example, not only allows customers to make deposits at select, full - service State Farm Bank ATMs, but also lets customers make deposits at ATMs owned by financial institutions that participate in deposit sharing.

NDP: Update the Consumer Protection Act to cap ATM fees at a maximum of 50 cents per withdrawal; ensure all Canadians have reasonable access to a no - frills credit card with an interest rate no more than 5 % over prime; eliminate «pay - to - pay» by banks in which financial institutions charge their customers a fee for making payments on their mortgages, credit cards, or other loans; take action against abusive payday lenders; lower the fees that workers in Canada are forced to pay when sending money to their families abroad; direct the CRTC to crack down on excessive mobile roaming charges; create a Gasoline Ombudsperson to investigate complaints about practices in the gasoline market.

Private student loans, sometimes known as alternative loans, are made by private lenders such as banks, credit unions, and financial institutions.

Mortgage securities represent an ownership interest in mortgage loans made by institutions, such as savings and loans, commercial banks, and mortgage companies, to finance the borrower's purchase of a home or other real estate.

I've always been successful getting banks or financial institutions to make good mistakes made by them.

For example, the Fund reached the analytic conclusion that despite the plethora of bad loans (mostly real estate) made by most depository institutions, many of such banking companies were not only inherently profitable but also very good takeover candidates provided that they could become «adequately capitalized» for regulatory purposes.

Forward - looking families and individuals bank on us to provide forward - looking products and services: products like reduced - rate mortgages for qualifying first - time homebuyers, second - chance checking accounts to provide a fresh start to people who have been declined accounts by other financial institutions due to credit problems, and Give - Back accounts that make donations to the causes our customers believe in.

Royal Bank of Canada Chief Executive David McKay flattered some Bay Street reporters with rare interviews the other day, having just conducted another clinic in money making by guiding his 148 - year - old institution to a record quarterly profit of $ 3 billion.

Certain financial institutions like banks, building societies or credit unions are specially regulated by the Australian Prudential Regulation Authority (APRA) to make sure that, under all reasonable circumstances, they can meet their financial promises to you.

A financial product issued by banks and other financial institutions that lets investors buy shares (or other securities) over a period of time, making an initial payment and paying the balance later.

FHA - approved lending institutions - which include many savings and loan associations, banks and mortgage companies - can make loans covered by EEM insurance.

Alabama but having a resident employee in Alabama whose employment includes making consumer loans or taking assignments of consumer credit contracts shall obtain a license for the location where the creditor maintains its records regarding Alabama loans or Alabama consumer credit contracts; and provided further, that, banks chartered by this state or any other state, banks chartered by the United States, trust companies, savings or building and loan associations, savings banks and other thrift institutions, credit unions, life insurance companies, and federally constituted agencies shall be exempt from licensing.

Interest rates vary over time depending on decisions made by the Reserve Bank of Australia and your financial institution.

By Telephone - 303-321-4209 Make a one - time payment to your Westerra loan with your bank account, or debit card, from another financial institution.

Mortgage backed securities represent an ownership interest in mortgage loans made by financial institutions (savings and loans, commercial banks or mortgage companies) to finance the borrower's purchase of a home or other residential real estate as opposed to commercial real estate.

Foreign exchange traders are brokers, banks, central banks, financial institutions and private persons that make profits by participating in Forex trading according to the fluctuations of the market and exchange rates.

Loans are made directly to businesses by participating lending institutions, with the SBA providing a partial guaranty of collection to the bank.

Through Europa, you can get access to all the information made available on the Internet by the institutions and bodies of the E.U., including the European Parliament, the Council of the Union, the European Commission, the Court of Justice, the Court of Auditors, the Economic and Social Committee, the Committee of the Regions, the European Central Bank and the European Investment Bank.

Emma Gordon Qualified: 2000 (Australia); 2003 (England and Wales) Made partner: 2013 Key cases: Acting on a number of Libor - related cases for major financial institutions; representing a FX trader in relation to investigations by various enforcement agencies including the US Department of Justice; acting for a bank in relation to an investigation by the FCA relating to alleged historic financial crime compliance failures and inadequate disclosure to the FCA.

Robert Allen Qualified: 2004 Made partner: 2015 Key cases: Advising a retail bank in relation to litigation and regulatory issues concerning payment protection insurance and related consumer credit claims; acting for an academic institution defending claims brought by a former employee under the Data Protection Act 1998.

The Financial Services (Banking Reform) Act 2013 introduces an approval and responsibility regime for senior bankers and comprehensive requirements for banks and other financial institutions to vet the suitability of their staff and monitor their compliance with rules of conduct made by the Prudential Regulation Authority and the FCA.

Bank of Montreal v. Marcotte et al. 2014 SCC 55 Banks and Banking — Constitutional Law — Consumer Law — Creditors and Debtors — Damage Awards — Damages — Practice — Quebec Procedure Summary: This class action and two others were launched, seeking repayment of the conversion charges imposed by several credit card issuing financial institutions (banks) on credit card purchases made in foreign currencies primarily on the basis that the conversion charges violated Quebec's Consumer Protection Act (Banks and Banking — Constitutional Law — Consumer Law — Creditors and Debtors — Damage Awards — Damages — Practice — Quebec Procedure Summary: This class action and two others were launched, seeking repayment of the conversion charges imposed by several credit card issuing financial institutions (banks) on credit card purchases made in foreign currencies primarily on the basis that the conversion charges violated Quebec's Consumer Protection Act (banks) on credit card purchases made in foreign currencies primarily on the basis that the conversion charges violated Quebec's Consumer Protection Act (CPA).

Some banks risk losing even more ground because they are relatively inefficient and are weighed down by supporting systems that date back several decades, often not even working with other systems within their own institution, a situation that would make fintechs recoil in horror.

They are able to balance this by having their tokens based on real - world assets, meaning the value will basically stay consistent, making the process much more appealing for banking institutions and investors.

Smart contracts will only be able to make fiat currency payments when some representation of fiat is put onto a blockchain or distributed ledger, by an entity with the legal ability to do this, whether it's a commercial bank or central bank or payments institution.