Sentences with phrase «major banking crisis»

The focus on the activities of private banks and the ways in which they could be influenced or controlled grew in part out of the experiences of the Depression in the early 1930s and the major banking crisis in Australia in the 1890s.

Not exact matches

Every so often, the Federal Reserve requires major banks to run a «stress test» to see how they'd handle a financial crisis.

The BoJ has been the least expansionary of major central banks since the 2007 - 2008 global financial crisis, Evans said, adding that its planned balance - sheet increase this year pales by comparison with the $ 1 trillion of assets that the U.S. Federal Reserve is slated to purchase.

The selection of the new BOJ leadership comes at a crucial time for Japanese and global markets, which have been rattled in recent weeks on expectations major central banks will whittle down their crisis - mode stimulus.

When the leaders of the world's major economies convene in Toronto on June 26, their schedule will be laden with big issues, from ending stimulus spending to the European debt crisis to the debate over a global bank tax.

Axelrod insists the financial system will eventually face another major crisis, and that none of the changes he has seen will prevent another major bank from failing if a big one hits.

GIC, one of the first sovereign funds to invest in Western banks during the global financial crisis, retains the other major investment made at the time, a stake in Citigroup which is profitable at current prices.

The government stopped short, however, of bailing out the company as it did with major banks during the 2007 - 09 financial crisis.

A study from the University of Cambridge and Stanford holds that well - informed insiders at major U.S. banks bolstered profits thanks to advanced knowledge of government programs during the financial crisis.

The central bank, based in Frankfurt, used typically understated and technical language to describe its actions, but it appears to have done what its leadership said throughout 2011 that it would not do: namely, flood the financial markets with euros in a Hail Mary attempt to make sure that the region's sovereign debt crisis does not lead to a major financial shock.

Summers was also a major advocate of new requirements that banks hold more emergency funds in reserve — a position he had been pushing years before the crisis.

Mr. Martin averted a major fiscal crisis, eliminated the deficit in three years, reduced the government's debt, strengthened the Canadian banking system, and reformed the Canada Pension Plan.

«Swap lines — along the lines provided by major central banks early in the crisis — can help,» and the IMF stands «ready to provide policy advice and financial support,» she said.

The collapse of the banking system in Argentina came very close to triggering a financial crisis in London, the major international financial center.

It's a little known but important fact that in the years around the financial crisis of 1929 and the Great Depression (from 1929 to 1932), lots of small and regional banks went under, but no major New York bank did.

A partial but not complete list of worries includes: China melt down, Yuan reevaluation after effects or Taiwan action, global biomedical epidemics, e.g. Avian Flu, or bioterrorism outbreaks, trade wars (China, EU), major hedge fund bankruptcies, a PBGC (Pension Benefit Guaranty Corp.) shortfall crisis, major junk bond or emerging market bond default, a bank derivative blowup, Fannie Mae issues plus possible assorted natural disasters.

It's significant as the first set of charges brought against a major UK bank for crisis - era activity.

As we know, the materialisation of some of the risks that had built up in the financial system, followed by a financial crisis, deep recessions and slow recoveries, has meant that much more has been demanded of central banks in recent years, especially those in the major jurisdictions.

Led by the Fed, major central banks have inundated their economies with $ 10 trillion of cheap cash since the crisis, Deutsche Bank AG said.

The ECB is trapped, already holding 40 % of sovereign debt, with Spain and Italy presenting major challenges, threatening to trigger a banking crisis in the not - so - distant future.

After the last financial crisis, the world's major central banks lowered interest rates to record - low, sometimes even negative territory.

The bank believes that one of the major risks facing cryptocurrencies is their inability to cope with a major financial crisis.

Venezuela is staring at a far worse economic crisis in the coming days, as US - based banking major Citibank intends to close a number of accounts belonging to the Central Bank of Venezuela and other government arms.

There are a number of major stock market events we can all call to mind — the Great Depression, the run on banks, Black Monday, the Oil Embargo, the dot - com bubble, the 2007 - 2008 financial crisis; and the list goes on.

The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.

Saujani: Not only would I have voted for the House financial regulation bill last December and the final conference committee bill, I would have introduced an amendment to create an SEC regulated clearinghouse for credit rating agencies, because the current model of allowing banks to pay for faulty investment ratings was a major contributor to the crisis.

State Attorney General Eric Schneiderman has gained considerable attention — and praise from liberal groups — for his investigations of the actions of major banks in the run - up to the foreclosure crisis and financial collapse of 2008.

New York State will begin 2015 with the largest one time windfall budget surplus since the end of World War II, due to settlements with major banks after the financial crisis.

New York state will begin 2015 with the largest one - time windfall budget surplus since the end of World War II, due to settlements with major banks after the financial crisis.

«Too many homeowners across New York are still struggling to rebuild their communities in the wake of the housing crisis caused by major banks,» said Attorney General Schneiderman.

From Michael Sesit at Bloomberg, there are four things for the central banks to do in order to avert the crises: The world's major central banks face four challenges as they strive to prevent the global financial system from unraveling and growth from stagnating: Acting in a concerted manner; improving transparency; deciding who gets bailed out and who doesn't; and making sure whatever monetary medicine is administered doesn't come with destabilizing side effects.

A mere financial crisis where we aren't even in a bear market yet is not enough to goad action, particularly when none of the major commercial (not investment) banks are under threat yet.

As for the U.S. financial system - particularly major banks - I am continually perplexed by the juxtaposition of tens of millions of underwater mortgages and millions of delinquent and unforeclosed homes, coupled with a set of FASB accounting rules (revised at the height of the recent crisis) that allows these debts to be carried at face value upon the discretion of the banks that report the data.

The second is the withdrawal by major banks from government - related lending due to large settlements in the aftermath of the financial / foreclosure crisis.»

Of course, the recent economical crisis has caused a lot of the major banks to pull this particular option.

1989 - 1994: After the real estate boom of the mid-1980s, many banks, savings & loans and insurance companies get loose in their lending standards and real estate investment, leading to a crisis when rent growth can't keep up with financing terms; defaults ensue, killing off a great number of S&Ls, some major insurance companies and a passel of medium and small banks.

This book takes on every major systemic crisis from the Tulip Bubble to the recent Housing / Banking crisis.

During the financial crisis, we created an index that tracks credit default swap prices for the major banks and brokers across the world.

The Authority claimed that Iceland had violated the transposed Directive and thus EEA law in the aftermath of its major economic crisis and collapse of the banking sector in 2008, by failing to ensure that British and Dutch depositors using the famous «Icesave» accounts offered by Icelandic banks received the minimum amount of compensation set out in Article 7 (1) of the Directive.

From recent regulatory enforcement priorities such as insider trading, high - frequency trading, financial crisis investigations, the Foreign Corrupt Practices Act (FCPA), Bank Secrecy Act / AML violations, accounting fraud, and hedge fund collapses to some of the most significant matters over the last decade, such as auction rate securities, market timing, RMBS, LIBOR, FX, late trading, IPO allocation, and Wall Street research, our securities enforcement and white collar defense lawyers have been at the center of every major initiative affecting the financial services sector.

Members have over recent years advised and represented a wide range of private clients and central and local government bodies on a number of high profile state aid cases including cases arising out of the banking crisis, challenges to public funding of broadcasters, and public support for major infrastructure projects.

A rollback of rules under Dodd - Frank, the major financial services reform law enacted after the mortgage crisis, might well lead to an increase in lending on both the residential and commercial sides, Yun says, noting that community banks are the biggest source of loans for home construction and small commercial transactions.

A major French banker halted withdrawals from three investment funds, while German banks clubbed together to bankroll a 3.5 - billion euro ($ 4.83 billion) rescue to cover IKB's potential losses and stem what financial regulator Bafin warned could snowball into the biggest banking crisis in Germany in more than 75 years.

This trend increased at a more rapid rate since the 2008 global financial crisis with major governments of the world resorting to printing huge sums of money to pay national debts and also bail out banks.

Since the global financial crisis, U.S. policy makers have focused on strengthening major banks with more capital and liquidity requirements so they could withstand periods of volatility like this one and continue lending.

I've been writing this column for several years now, and I've covered a lot of in - depth information about the securitization swindle pulled by the major banks that led to the mortgage crisis and the Great Recession.