Sentences with phrase «manager of the bank of»

Agustín Carstens, the new general manager of the Bank of International Settlements (BIS), the self - described «bank for central banks,» has made his first major public speech since assuming the role in December 2017.

Not exact matches

Some experts call this dollar - cost averaging, says Daniel Laverdière, senior manager of financial planning and advisory services with National Bank Financial, but it's really about making sure that some saving is occurring on a regular basis.

One of the ways the central bank assesses the mood of business owners and managers is to ask them how things such as current orders compare with a year earlier.

Macquarie Group client investment manager David Kiely provided a financial community primer for what not do to in public view when he clicked on an e-mail containing racy GQ photos of Kerr as his colleague Martin Lakos appeared Tuesday on the country's Seven Network TV, to discuss the central bank's surprise decision to keep interest rates unchanged.

Blockchain is going to save us from the evils of big banking, save our politics, and get rid of bad managers, once and for all.

When the Bank of Canada released its latest survey of business managers on Monday, it confirmed what we've known for some time now — companies in Canada are a panicked bunch.

«We had no idea that the people coming and going to meetings were the likes of the Rolling Stones, Janet Jackson, the boss of Boeing or a distraught bank manager (on more than one occasion).»

Ian Sexsmith, portfolio manager at Parnassus Investments, says banks» prices don't reflect the potential impact of more consumer lending and lower default rates in a strong economy — a mismatch that's creating some enticing bargains.

Appetite for risk has increased among money managers to a new high, according to the latest fund manager survey by Bank of America Merrill Lynch (BoAML).

A spike in bond yields and a clear change of direction from central banks means there isn't a lot of value in global bond markets, a fund manager told CNBC on Tuesday.

When Canadian Business first profiled Waugh, one fund manager, speaking anonymously, suggested Waugh's inclusive leadership style might clash with the bank's tradition of strongman CEOs.

The number of employees has jumped by 90 %, thanks to expansion in Latin American and Asia, as well as major Canadian acquisitions like money manager DundeeWealth and savings bank ING Direct.

In 2007, the bank had agreed to a $ 16 million settlement over accusations that branch managers showed white brokers preferential treatment, depriving black and Latino brokers of new clients and the opportunity to earn commissions and promotions.

The massacre set off a wave of pressure on banks, payments processors and other firms to cut services to the firearms industry and on money managers to stop investing in gunmakers.

Indeed, Bank of America Merrill Lynch's October survey of fund managers showed that more than 10 percent of fund managers were underweight Malaysia, but that was down from a net of around 25 percent underweight in September.

By shifting the risks away from banks and to asset managers, Gross argues that the risk of herd behavior that causes a liquidity event in markets has been shifted away from the professional investing class and to a more amateur, less - informed, skittish class of investor: the public.

By choosing relationship banks carefully, and selecting a bank that provides a single point of contact -; a single relationship manager that can be treated as a consultant as well as a credit manager — it creates a stronger bond.

The «value - add» of going private isn't so much less disclosure as it is less short - term scrutiny by bank analysts and hedge fund managers,

This study, a joint project of PricewaterhouseCoopers and the London Business School, looked at the choices that managers in insurance, wealth management, and banking make with respect to bonuses, pay raises, and promotions.

Even the lowest - ranking manager on Alpha magazine's expanded top - 50 list made more money in 2016 than any big United States bank executive, including Jamie Dimon of J. P. Morgan, Lloyd Blankfein of Goldman Sachs and James Gorman of Morgan Stanley, all of who have been criticized for their big paychecks.

Santander's takeover of banking peer Banco Popular is reminiscent of Lloyds» and HBOS in 2009, says the chief of a top U.K. fund manager.

Banks should adopt compensation plans that discourage excessive risk - taking and place greater onus on senior managers for wrongdoing, the outgoing head of the New York Federal Reserve said.

Under the agreement with Goldman, the bank's Alternative Investments and Manager Selection (AIMS) Group will select managers for $ 2 billion worth of the pension fund's stock portfolio that focuses on making investments abroad with active managers.

At the same time, the London Business School's Jo Buckross nabbed the 2015 International Bank Manager of the Year Award at Lloyds Banking Group.

AIMS, which had $ 156 billion in assets under supervision at June 30, is an «open architecture» platform, which means none of the investments Goldman selects can be invested in funds that the bank's own portfolio managers oversee.

When he learned of the arrest, Paul Amsbury, a Morgan Stanley branch manager and Mr. Greenberg's boss, passed information about it, including the mug shot, to Curtis Peterson, the firm's Pacific Coast regional director, in San Francisco, according to Ms. Beatty and two other former bank employees.

North Korea has been a factor that has shaken markets recently, and it was cited as the top risk for markets in Bank of America Merrill Lynch's global fund managers survey Tuesday.

The managers put up $ 100,000; the Bank of America lent them $ 6 million; and Harvester took back a note for $ 1 million.

NEW YORK, Nov 28 - The Federal Reserve faces the challenge of standing by as financial markets «correct» as the central bank trims its asset holdings, U.S. hedge fund manager David Tepper said on Tuesday, adding he was surprised the bond - yield curve was so flat.

The Bank of America Merrill Lynch fund manager survey, meanwhile, found that the percentage of respondents who said corporates could and should take on more leverage was falling.

Billionaire hedge fund manager John Paulson has the distinction of having predicted the mortgage market crash in 2007 and the collapse of banks and financial firms in 2008.

A Bank of America Merrill Lynch note out Tuesday said that according to its global equity fund manager survey, equity investors are asking companies to strengthen their balance sheets after «recent record volumes of re-leveraging transactions.»

Closing that gap and upping the level of penetration with banks and asset managers is a $ 600 million opportunity, according to Schwartz.

To buy nonprofit bonds, contact your portfolio manager — these types of bonds are typically sold first to investment banks, which then extend them to individuals.

So far, they've got traders, hedge - fund managers and bankers competing from firms including Bank of America - Merrill Lynch, MetLife and Deutsche Bank.

New York University's Stern School of Business recently hosted a conversation between former U.S. central bank chair Alan Greenspan and hedge fund manager John Paulson.

As Carolyn Wilkins, the No. 2 at the Bank of Canada, noted in a speech in London on Sept. 14, Canada's pension - fund managers are highly skilled and they have the scale to ride out short - term volatility.

The $ 5.2 billion financing deal put together by Icahn was shown to a mix of U.S. and foreign banks, asset managers, hedge funds and collateralized loan obligation (CLO) managers.

Fund manager investments in Amazon.com Inc and Netflix Inc, both of which are up more than 35 percent for the year to date, helped boost the returns of large - cap funds, noted Savita Subramanian, equity and quant strategist at Bank of America Merrill Lynch.

For 2016, only about 19 percent large - cap managers topped the S&P 500, according to Bank of America Merrill Lynch.

That's the conclusion of the annual Morgan Stanley / Oliver Wyman blue paper on wholesale banks and asset managers, published Wednesday.

On the other hand, the same survey showed that 42 percent of the fund managers believe central bank policies will be the biggest driver of the dollar this year, while just 11 percent thought trade issues would be.

According to Job Bank Canada, architecture managers require a degree in architecture, registration as a professional architect and several years of work experience.

«About 37 percent of our top managers in the bank are female.

These changes are recognition that central banks are no longer the stage managers of the financial system, hidden in the wings.

SYBIZ Software has devised a method for proving year 2000 compliance of its accounting systems to suppliers, customers and bank managers.

THE owner - manager of an expanding Bussel - ton - based tourism business has won a Bank - West scholarship to participate in a management training program.

Bank of America Merrill Lynch strategists in Europe released results of a global survey of 66 fund managers, who said the immediate reaction of building U.S. trade tensions would be lower stocks and a lower dollar.

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.

The largest banks «write giant checks for fines and penalties, but their boards of directors, senior managers are not held to account,» said ICBA's Fine.