Sentences with phrase «made by other banks»

That is no use when a bank's «capital» includes the loans made by other banks!

Not exact matches

A pre-installed program on some newly purchased Dell laptops that can only be removed manually by consumers makes them vulnerable to cyber intrusions that may allow hackers to read encrypted messages and redirect browser traffic to spoofs of real websites such as Google or those belonging to a bank, among other attacks.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

«In uses that involve a financial transaction, it makes sense to use bitcoin or some other digital currency for the same reason — by doing so, transactions can be automated and guaranteed without recourse to third parties, such as a bank.»

Amazon, Apple, BlackRock, Google, Facebook, Bank of America, Capital One and others all pay their summer interns more per month than the average American makes, according to data released Tuesday by jobs website Glassdoor.

In other countries, he notes, banks are making products more tangible by allowing customers to shop for them in off - the - shelf boxes, which makes things like getting a new bank card as easy as picking up cornflakes at your local supermarket.

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.

There are two basic types of loans that you should know about: loans made by the federal government, and private student loans from banks or other private lenders.

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.

If the lenders adhere to specific lending terms, interest rate caps, and other criteria set out by the SBA, the agency will share the risk with the bank, making small business lending more attractive to the bank.

That seems mainly driven by the desire to make consumers even more reliant on banks and other third parties.

The other heroic assumption made by standard models is that the central bank responds instantly a shock hits, and the economy responds instantly to the central bank's response.

Federal regulation prohibits you from making more than a total of 6 transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sale purchase transactions with a banking card, by preauthorized or automatic agreements, telephone, or online.

It has already made inroads this year into cross-border supply chain payments and other payments underserved by traditional credit card and banking infrastructure.

What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?

-- Goethe What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by debt leveraging at less than 1 % interest cost?

Consequently, the Fed can no longer target the effective federal funds rate, and influence other short - term interest rates, just by making modest changes to the stock of bank reserves.

Abbott's opinion echoes the statement made today by Mark Carney, Governor of the Bank of England, about the need to hold Bitcoin and other cryptocurrencies to the «same standards,» as the rest of the financial system.

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.

The Australian Bureau of Statistics divides new loan approvals into those made by banks, building societies and other lenders.

It's unclear whether the locally developed digital asset will eventually be made available to the public, and whether it will be issued by Post Bank (51 percent of which is owned by the government), by an arm of the government itself, or by some other entity.

Because it serves to remind us that even today the «money» that commercial banks and other private - market financial firms produce is in an important respect not the real McCoy at all, but ersatz (if often more convenient) stuff that serves in place of it, and does so only because the firms that supply it, not only make it very convenient to use (e.g., by swiping a debit card), but at the same time offer its users something akin to money - back (which is to say, a «money proper» - back) guarantees.

Federal regulations prohibit you from making more than a total of six transfers each month to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties each month by check, through point - of - sales purchase transactions with a banking card, by preauthorized or automatic agreements, by telephone or online.

[11] It may also be useful to adopt the techniques used successfully by Singapore (and now others) to limit the ability of domestic banks to lend to foreigners in domestic currency, thus making it much harder for foreign speculators to take large short positions on the currency.

The Small Business Administration (SBA) guarantees commercial loans made to small businesses at below - market rates by banks and other lenders.

That forces your bank to call in loans to make up the lost reserves, which leads to reserves being lost by other banks, which then have to do the same thing.

Yao's remarks align with statements made by other executives from China's central bank around its potential use of blockchain technology, including developing a state digital currency.

The Bush family make the bulk of its wealth supporting the Third Reich through Union Banking Corporation of NYC (and about 20 other companies that they owned or controlled), which had it assets seized by the US Congress for violations of the «Trading with Enemies Act», and that is a historical fact that can be verified by a search of the Congressional Record.

If they're not able to make it directly, as interest and no additional risk, they will make it some other way, perhaps by taking a share of the enterprise, which means they (the banks or lenders) could end up owning parts of, or a majority of, many businesses.

... i believe the kind of investment that arsenal puts on the team is not proportional to the profit thats gained by the club and thats why you will hear year in year out how our returns eclipsed all the other teams but when it comes to investing in the team that brings these profits, its the other way round... what is the use of having money just laying in the bank idle while we can make better use of it by investing well on it???... i honestly don't believe that we will lift another major trophy with mr arsene as our manager... i just don't see it and if you disagree then care to tell me how

If products are to be picked up by someone other than the person in need, approval from Destiny Diaper Bank must be made in advance.

By the teen years, they will be shoveling the neighbor's walk, building the neighbor a lawn border, sorting food at the food bank, picking up garbage on the river bank, and volunteering in the community for no other reward than the good feeling of making the world a better place to live.

Each prize is guaranteed to be awarded except if forfeited by a prize winner or in the event that PDX Diaper Bank ceases operation, or for some other reason is unable to fulfill the prize after a diligent effort is made.

The President failed to acknowledge the high growth projections for this year by the IMF, World Bank and a host of other international bodies based on the gains made by the immediate past NDC administration.

In fact, FRED is so good at making data available that many people — two million annual users — rely on its APIs, RSS and Excel feature to update data originally generated by other government or banking sources.

It was equally unwise for the Bank's governor, Mervyn King, to make comments on fiscal policy, especially now it has been widely reported that his views seem not to be shared by other members of the MPC.

One is that, to have money, you have to have the precious metal; you can't simply «create money», as the Fed and other central banks currently do, to stimulate spending by making money cheaper than what it will buy.

Experts from the SBA, the Export - Import Bank, the Erie County Industrial Development Agency and other organizations talked about how to make exporting more accessible during a seminar presented by the ECIDA on Tuesday at the University at Buffalo's North Campus in Amherst.

In the week that banks were collapsing the man who wants to run our economy not only said: this is not a problem caused by the financial markets but went on to say and, I quote, «that it's a function of financial markets that people make loads of money out of the misery of others.»

«Also, Nigeria is now faced with a situation whereby funds are obtained from the official forex market (at lower rates) and diverted to other markets and sold at a higher rate by forex dealing banks and users, who make billions of naira profit just for doing almost nothing.

The measure crafted by Attorney General Eric Schneiderman would make banks and other lenders responsible for homes that have been abandoned after the start of a foreclosure.

The allegations by Kent and the others center on what the plaintiffs claim was an unfair attack on them by Spence and his allies regarding charges that a Rockland County council leader, Stephanie Lee, had misused a PEF bank card, making numerous personal purchases, which led to a court judgment of $ 64,104.88 against her.

«That you, Yusuf Gyang Pam, whilst being a cashier at the Office of the Secretary to the Plateau State Government on 11th July, 2014 in Jos, within the jurisdiction of this Honourable Court, used your office as cashier at the Office of Secretary to the Plateau State Government to confer corrupt advantage upon yourself by making a cash lodgment of the sum of N10, 000,000 (Ten Million Naira) into your personal account with Zenith Bank and which sum was derived from the account of Plateau State Government, and you thereby committed an offence punishable under Section 19 of the Corrupt Practices and Other Related Offences Act, 2000».

Other brain banks are encouraged to partner with the NeuroBioBank, by making their inventories available via the centralized website, he added.

Making up the other half of the movie is a more recent, frightening period in Wilson's life (he's played here by John Cusack), when he was under the (highly medicated) spell of unethical therapist Dr. Eugene Landy (Paul Giamatti), his only protection from whom being his beach blonde soul mate, Melinda Ledbetter (Elizabeth Banks).

Other policy tools used by the Federal Reserve System include increasing or decreasing the discount rate charged on loans it makes to commercial banks and raising or lowering reserve requirements for commercial banks.

Striding toward Bethlehem, in the West Bank, Salopek is detoured by a herder's tattered fence, one of the first human - made barriers — other than checkpoints and border gates — he's faced in some 2,300 miles since he started out in Ethiopia.

THIS IS A LOW BUY IT NOW / MAKE OFFER AUCTION ON THIS TRULY SPECIAL 2017 FORD FUSION SE - EDITION WITH THIS LOW MILES AND THESE OPTIONS... WHICH MEANS THE HIGHEST BIDDER AT END OF AUCTION WINS THIS BEAUTY... BID WITH CONFIDENCE / BID HIGH *********** Note: Please do not place a bid on these vehicles and ruin our auctions and a fair chance for other bidders unless you have been PRE-APPROVED by your bank / credit union for financing... This is a NO TOLERANCE policy and you will get reported to Ebay for non payment!!!

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.

Given the importance of branch access to a strong business banking experience, U.S. Bank's locations make it a better choice for businesses operating in areas neglected by the other national banks.