Sentences with phrase «many global banks»

And then at the end of that year, just before things really took off in crypto, White focused his efforts on attracting Wall Street clients: brokerages, large global banks, and hedge funds.

WEDNESDAY, MAY 2 LONDON - Sweden Central Bank Governor Stefan Ingves will hold a closing address at the Financial Times Global Banking Conference in London 1200 GMT.

(An article explaining Ripple and its relationship to the global banking system appeared on Fortune.com earlier this year.)

LONDON - Sweden Central Bank Governor Stefan Ingves will hold a closing address at the Financial Times Global Banking Conference in London 1200 GMT.

WEDNESDAY, MAY 2 LONDON - Central Bank of Sweden Governor Stefan Ingves will hold a closing address at the Financial Times Global Banking Conference in London 1200 GMT.

«Blockchain capabilities have allowed us to rethink how critical information can be sourced and exchanged between global banks,» said Emma Loftus, head of global payments and foreign exchange at J.P. Morgan Treasury Services.

Officials say Goldman traders participated in chat rooms, sometimes using code names, to discreetly share confidential customer information with other global bank traders to affect foreign exchange prices.

«For a global bank as we are and by the way as many of the American banks, this can represent a challenge.»

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.

Ana Patricia Botín takes the helm of Banco Santander, the global banking powerhouse once headed by her father.

Today, amidst a boom that made Ripple the world's second most valuable cryptocurrency after bitcoin, that option contract is worth at least $ 12 billion and the two sides are locked in a bitter court fight that could shape the future of global banking.

William Gerber, TD Ameritrade CFO; Tom Naratil, UBS CFO and Timothy Sloan, Wells Fargo CFO, share their perspective on the impact of regulations on global banking competition.

In recent months, many of the global banks have started to reveal details of their plans to relocate jobs away from London to other financial centers in Europe, afraid that the U.K. and EU won't be able to agree terms of engagement for the post-Brexit period before the U.K. leaves the EU in March 2019.

Canadian CEOs and Finance Minister Jim Flaherty say the same thing about the IMF's proposed global bank tax: Canada doesn't need it.

I saw a great example of this when I visited the private wealth arm of a global bank.

She's a member of the Citi North American Corporate and Investment Bank Management Committee, Global Banking Diversity Steering Committee, Nextgen Recruiting Steering Committee, and Team Captain for Georgetown University recruiting efforts.

Just last year the global bank - transfer system SWIFT was hacked, and tens of millions of dollars were stolen.

Global banking giant J.P. Morgan has forecast an average price of $ 70 a barrel in 2018 on the back of global economic growth boosting the demand for energy.

The threat for finance is that it's the origination and sales bit of the finance pie that's most profitable; it generates 65 % of global banking profits, with an ROE of 20 %, according to McKinsey.

Overregulation in the US has spooked global banks.

Regulators in the U.S. and the U.K. fined six global banks roughly US$ 6 billion for trying to manipulate foreign exchange rates between 2008 and 2013.

Even among audiences traditionally sympathetic to the big banks, there is more and more a sense that something is deeply wrong in global banking, something that can not be settled by the institutions themselves.

Asian stock markets rose to their highest level in more than four months on Thursday, helped by optimism in the global banking sector and hopes of stabilisation in the China's economy.

Earlier this week, the JPMorgan (JPM) CEO disparaged the leadership in Washington, singling out Warren in particular, saying: «I don't know if she fully understands the global banking system,» according to a Bloomberg News report.

But instead of distributing these profits back to shareholders in the form of dividends and share buybacks, many have chosen to retain sizable cash cushions to ensure future access to capital amid a shaky global banking system.

«The problem is not that I don't understand the global banking system.

She began her career as a scientist at IBM's TJ Watson Center and has also worked on Wall Street as a technology executive for global banks including Bank of America Merrill Lynch.

One is that some of the post-crisis efforts to overhaul the financial system, such as Congress» massive Dodd - Frank bill of 2010, and the Basel III rules, crafted by global banking regulators, are finally starting to be implemented.

The biggest bank heist in 2015 was actually carried out by an unknown group apparently with access to the computers of the global banking world since 2013.

Early Marker: Joined board of Santander in 1989, putting her in line eventually to become the fourth generation of her family to lead the Spanish banking giant and arguably the third - most - powerful woman in global banking.

JPMorgan tops a number of global bank rankings in terms of how interconnected it is with other banks, how difficult it would be to replicate or replace, and how complex its business is.

The International Monetary Fund, Britain, Germany, France and the United States all support new global bank taxes.

Mainstream investments in global banks with heavy mortgage investments took a big hit.

36 % of global banking executives said that in the years up to 2020, technology companies like Amazon and Apple will be their greatest competition.

Bank of America is preparing for significant job cuts across its global banking and markets business, according to people with knowledge of the matter.

The Canadian Bankers Association, which staunchly opposes a global bank tax, thinks Dickson's proposal merits consideration.

Global bank balance sheets are stronger because of improved capital and liquidity buffers, amid tighter regulation and heightened market scrutiny.

Finally, the global banking system is phasing in stronger regulatory standards.

Financial regulators on both sides of the Atlantic imposed multibillion - dollar fines on five global banks Wednesday as part of investigations into rigging of key foreign exchange markets.

In a recent BluePaper from Morgan Stanley Research, the division's global bank stock analysts evaluated banks, technology infrastructure, regulations and populations in 27 countries to examine how smartphones, real - time payments and reimagined customer touchpoints could transform both customer experience and industry bottom lines.

These include the potential adverse effects on European economic activity, on the perceived health of the global banking system, and on broader financial market conditions.

If the Eurozone crisis gets worse, the entire global banking system will feel the effects, including institutions in the U.S.

The research found that new digital innovations in banking could bring significant cost reductions for global banks, alongside increased customer satisfaction and financial inclusion for unbanked populations in emerging markets.

BofA Merrill Lynch and Scotiabank Global Banking and Markets acted as financial advisors to Recurrent Energy on the transaction.

He's one of the few current leaders of a big global bank who reached a senior - executive rank before his firm went public.

Prior to Actis, Mr. Kim was a credit structurer on the global securitization team at Santander Global Banking during 2007.

The resolution covers trading from 2008 to 2013, several years after a far bigger wave of penalties tied to foreign - exchange trading by other global banks.

Global banking giant Goldman is setting up up a trading desk focused on bitcoin and other cryptocurrencies, according to a report from Bloomberg.

The event, part of the kingdom's drive to free itself of reliance on oil exports in an era of cheap oil, attracted senior executives of global banks such as Citigroup, Goldman Sachs, Bank of China and Mizuho.

Ultimate decisions about financing have become more highly concentrated in those centres where the global banks reside; this has tended to produce a concentration of deal - making talent in these centres.