Sentences with phrase «many area banks»

In particular, the Euro Stoxx Banks Index jumped 0.9 percent, which meant that euro area banks have managed to recover the losses suffered in the global sell - off seen at end of 2015.

A former investment banker at a mid-market Washington, D.C. - area bank, Webb's clients were mainly entrepreneurs and small business owners either selling their businesses or building equity.

The past crisis revealed that most euro - area banks have disproportionate sovereign exposure in their home country.

The financing needs coming due in the first quarter «imply that euro area banks will not have extra money as a result of the three - year auction to purchase European sovereign bonds, using a carry - trade strategy, because the amount of fresh cash is less than the amount of bank debt that will mature during the quarter», Powell wrote recently.

This issue of the Macroprudential Bulletin looks at how euro area banks are linked to each other and to investment funds and how this may affect the stability of the financial system.

«However, the bail - in of the banking sector with customer deposits is still likely to have some negative implications for the euro area banks, given the precedent it sets,» the bank adds.

On average, euro area banks need to expand their eligible loan portfolio by around 1.2 % annually in 2016 and 2017 in order to qualify for the maximum reduction,

On average, euro area banks need to expand their eligible loan portfolio by around 1.2 % annually in 2016 and 2017 in order to qualify for the maximum reduction, i.e. to receive the 0.40 % subsidy on their TLTRO II holdings.

As a reminder, euro area banks» Net Interest Income was EUR320bn in 2015, broadly stable over recent quarters.

A hungry hawk feasting on pigeons at the entrance of a Syracuse area bank has been upsetting the staff the past couple of weeks, a bank official said.

In 2008, after the outbreak of the financial crisis, the ECB first lowered the key interest rate and also adopted several non-standard policy measures such as providing unlimited liquidity to the Euro area banks at a fixed interest rate and against an adequate collateral and then extending the list of accepted collateral.

Sell & Melton LLP is an approved firm with most local area banks and lending institutions for nearly all types of real estate and loan closings.

«In these areas banks can realize efficiencies, customers benefit from better services and [fintech startups] can grow their businesses.»

You could call around and ask many area banks, there might be a few.

There was also a significant increase in the number of Chicago area bank owned properties and homes that were sold at foreclosure auctions.

Not sure if this is nationwide, but in my area a bank will put a house on the market before they actually have title, just to test the waters.

Not exact matches

One area that has made big strides is Katendrecht, a warehouse district on the south bank historically home to dock workers.

One area that could prove tricky for RBC, though, is American retail banking.

In that filing, Bank of America noted the potential risk of customers leaving for competitors offering products and services «in areas we deem speculative or risky, such as cryptocurrencies.»

Its supporters say it will reduce burdensome compliance costs for small banks in rural areas, but its critics say it would undo important regulations on larger banks with assets in the hundreds of billions.

Although RBC can grow organically in all of these areas, analysts are expecting McKay to make a sizable acquisition, especially because the bank is sitting on more cash than it's had in years.

There has been a fairly substantial pick - up in other players and new technologies in this area, but it has not offset the decline from the banks.

Look at your personal bank statements for the past few months to uncover areas where you might reduce or eliminate expenses.

«And secondly, the euro area economy proved resilient to political (and other) shocks in the last couple of years and should remain so,» the bank added.

The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the euro area there are concerns related to a sudden increase in volatility.

It is an emerging area of intense interest for banks and other financial companies as well as technology developers, with potential uses in a range of financial transactions including securities settlement and payments.

The ECB released its latest set of stress test results on the potential impact of interest rate changes to the area's banking system

In addition to that, the euro area has (a) worsening problems of political instability (Italy without government, unfolding corruption scandals in recession - hit Spain and France), (b) dysfunctional banking systems (weak banks and their impaired lending activities despite ample liquidity supplied by the ECB) and (c) lingering uncertainties about the financial system's credibility (problems with depositor and investor protection).

The European Central Bank (ECB) dropped its easing bias on Thursday, fueling expectations that it will normalize monetary policy in the euro area.

Elsewhere, the European Central Bank (ECB) released its stress test results on the potential impact of interest rate changes to the area's banking system.

The area's third - largest economy had appeared to be emerging from a long period of stagnation thanks to the European Central Bank's loose monetary policy, improvements in the balance sheet of its banks and the first fruits of Prime Minister Matteo Renzi's labor market reform.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

Cameron Doerksen, an analyst with National Bank Financial, estimates the designer of flight simulators makes 40 % of its sales to the defence sector, but only a third of that is to the U.S. CAE's main growth area is on the commercial side.

Jeannie Kielty, who works on community relations for Banks, says open cast is part of the social fabric of the northeast, an area with a long history of coal mining.

For example, each store in the Whole Foods Market chain donates food to area food banks and shelters and holds community giving days during which 5 percent of net sales are donated to a local nonprofit.

Satterley Property Group has increased its Victorian land bank, buying fellow Western Australia - based developer Peet's 1,350 - lot Arena Estate in the Greenvale area for $ 93.1 million.

In 2013, Andy Haldane of the Bank of England reviewed 34 countries and found that 23 of them had established committees with the authority to take significant action in this area.

We would therefore mostly expect a «freeze» in terms of integration even though some areas may well see further headway (e.g. for existing initiatives in various areas, including banking union, capital markets union or energy union or some movement towards a Eurozone chamber in the European Parliament).»

«In the last two years we've diversified into other areas, including banking and finance, government, retail and eHR [electronic Human Resources].

The 2.5 million - square - foot (232,000 - square - meter) building would be the first major project under New York City's Midtown East rezoning plan, which encourages new office construction in the area, the bank and Mayor Bill de Blasio said in a statement Wednesday.

Paying for all of the costs associated with a detached home in the Vancouver area requires 121 per cent of median household income; for a condo, it's 46 per cent of income, making it Canada's least affordable city, according to economists at the Royal Bank of Canada.

Overnight, the European Central Bank held interest rates steady amid signs the euro area's growth outlook may have softened.

That's the type of optimism that IBM seems to be banking on as it undergoes a reinvention that sees heavy investing in areas like cloud computing, big data, and security.

«We're a little concerned about housing prices in the Greater Vancouver area and Toronto,» Brian Porter, CEO of Scotiabank, told Bloomberg TV shortly after the bank's latest financial results were released.

ST. LOUIS - Federal Reserve Bank of St. Louis President James Bullard makes a presentation on «Living Standards across U.S. Metropolitan Statistical Areas» at the Washington University's Calhoun Lecture Series - 1300 GMT.

«Union Bank is very pleased to further strengthen the broad expertise we deliver to our valued clients in the greater San Diego area,» said Stephen Sherline, Managing Director and Head of Private Wealth Management for Southern California.

- Any further initiative at the euro - area level, in particular those relating to steps towards a fiscal and banking union.

The ECB's annual report on its work as the euro zone's top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans, set aside provisions and choose when to grant credit, among other areas.

«There is fantastic quality of living in the Nordic areas, there are many parameters stacking up to why you want to work, so we are very competitive,» said Christian Clausen, chief executive of Nordea, the region's biggest bank.

Assad noted that the Russian - backed Syrian army was now «very close» to Raqqa city after advancing to the western banks of the Euphrates River this week — a rapid gain that has brought it to the frontier of areas held by the U.S. - backed forces.