Sentences with phrase «market against bank»

Not exact matches

Canada's Big Six banks themselves are less likely to feel the need to innovate, insulated as they are against the competitive agitation of fintech companies by their market position and regulatory balustrade, and cognizant that Canada's venture capitalism industry — usually the fuel for fintech — is far less fulsome than America's.

He also said that the Bank of Japan doesn't realize that the odds are stacked against them because whenever there's a problem in emerging markets, the yen is seen as a safe haven, which causes it to strengthen.

On March 28, after a seven - year investigation, the RCMP's commercial crime section filed criminal charges against three of the firm's principals: former CEO Daniel Potter, who built the software developer into a TSE - listed firm with a market value of $ 100 million at the height of the dot - com bubble; Halifax securities lawyer Blois Colpitts, 48, a former director and the firm's legal adviser; and Bruce Elliott Clarke, a 65 - year - old former broker with National Bank Financial.

The biggest concern was that tough sanctions against Deripaska's businesses would stop Western banks and clearing houses from interacting with them, impacting everything from raising debt to sales on world markets, according to the people.

These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market debt instruments, historically less - liquid bank loan funds, and all manner of actively managed strategies packaged in supposedly easy to buy and sell wrappers.

By late - morning in London, the dollar was 3.7 % higher against it at 63.12, although the move was exaggerated by the fact that neither the Russian central bank nor big Russian corporates, which have been instructed to provide dollar liquidity to the local market were in the market due to the Orthodox Christmas holiday.

«There is a bit of a risk - off undertone to markets here,» said Shaun Osborne, currency strategist at Scotia Bank in Toronto, referring to the yen's performance against the greenback.

Deutsche Bank's investment unit, in particular, has struggled over the last couple of years against increased market competition, in both trading and deal advising.

Still, Canadian lenders have had mixed success south of the border — RBC bailed in 2011, selling its retail banking operations and taking a $ 1.6 - billion paper loss — and the U.S. market may not prove to be much of a buffer against a slowdown in Canada.

«It's the weaker dollar, it's the inflation focus and it's also to some extent the market is continuing to look for a hedge against a world that's becoming incredibly complacent with stocks at record highs,» said Ole Hansen, head of commodity strategy at Saxo Bank in Copenhagen.

In the currency markets, the differing messages of the world's major central banks on inflation and monetary policy prodded the dollar higher against the yen ahead of a series of appearances by U.S. Federal Reserve officials this week.

«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important financial institutions, but also vastly extend the potential scope of antitrust liability in myriad markets where derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of market - rigging.

Investors hedging against a sharp fall in equity markets in the coming 12 weeks has also reached its highest level since the onset of the global financial crisis, the bank said.

On the broadest social level, the ostensible «free market» lobbying effort sponsored by banks to shift the property tax onto labor and industry has become a campaign against government itself.

His statement followed one of the most chaotic sessions for the country's financial markets since the global financial crisis, with stocks on its benchmark Ibovespa falling more than 8 % and the real plunging 7.5 % against the U.S. dollar, the most since 1999, despite the intervention of the central bank of Brazil.

Investors are more protected against a sharp fall in equity markets than at any other point since October 2008 amid Fed worries and geopolitical fears, according to a Bank of America / Merrill Lynch survey.

NEW YORK Wells Fargo & Co's two biggest competitors have been nabbing market share in lending to commercial and industrial customers in the American heartland, a sign of how difficult it has become for the scandal - tarnished bank to defend its position against rivals.

«The market has turned against money - losing e-retail properties,» said Brent Holliday, CEO of Garibaldi Capital Advisors, a technology - focused boutique investment banking firm.

Against the backdrop of a slowdown in economic growth, the People's Bank of China cut its benchmark policy rates on 21 November after local markets had closed - the first such move since July 2012.

When Alan Greenspan flooded the mortgage market with credit, homeowners borrowed against («cashed out» on) the rise in housing prices as if their homes were a piggy bank.

As the Australian dollar appreciated against the US dollar in November, the Bank took the opportunity to add to net reserves through its transactions in the foreign exchange market.

We believe that market - rigging tactics of which banking institutions have been repeatedly accused — and, in many cases, are legal defendants in actions brought against them — have been disguised but are still widely practiced.

The Paris - based OECD warned that «there is a risk that a prolonged period of easy finance could result in a price bubble,» which may endanger French banks [5], while Hervé Boulhol, the OECD's France economist, warned against treating French real estate as a safe - haven and that the property market's powerful rise without a corresponding rise in income «may signal a bubble phenomenon, as a bubble is a disconnection with fundamentals.»

Since 2012, the Federal Reserve has been engaged in a pre-emptive war against financial risk... pre-emptive central banking refers to monetary action in anticipation of future financial stress to avert a market crash before it starts....

Yields would rise if the bond market revolted against central banks and stopped buying.

With rates low, some early signs of reflation and central banks in a stimulative mood, gold prices could be a good hedge against financial market stresses.

LONDON (AP)-- European stock markets dipped Thursday while the euro struck two - week highs against the dollar after the European Central Bank left its key interest rates unchanged and decided against extending the duration of its bond - buying stimulus...

It has fallen only marginally against the Asian currencies, however, as a number of Asian central banks have continued to intervene heavily in foreign exchange markets to prevent their currencies from appreciating against the US dollar.

At the same time, Asian central banks have continued to intervene heavily in foreign exchange markets to prevent their currencies from appreciating against the US dollar.

Against this background, we think that the divergences in the monetary policies of the major economies are likely to become more apparent, which could increase pressure on some central banks and magnify market volatility.

The cost of insurance against defaults by European banks reached an all - time record for that reason last Friday, and banks stopped lending to each other on the interbank market «portending an imminent collapse of the financial system.

For example, the World Bank advises against providing aid to developing countries, arguing that the pressures of poverty will force them to build «the market solutions» which it claims are the only effective answer.

Since the morning after the first independence referendum three years ago, the thin - skinned tyrant of English nationalism has treated Scotland with nothing but contempt - English Votes for English Laws, hysterical Tory election posters demonising Scotland's largest party, voting for Brexit, ditching the single market against the express wishes of First Minister Nicola Sturgeon, and generally behaving like an abusive husband who's hidden the new PIN for the joint bank account.

But Mandelson's views have been changed in part by the banking crisis; he has argued that the crisis represented a «warning against an ideological belief in markets» efficiency, and a reminder that they can be distorted by perverse incentives».

A federal jury in Brooklyn found that the Emigrant Savings Bank had discriminated against eight minority homeowners by purposefully marketing to them subprime mortgages with what were described as predatory interest rates of as much as 18 percent a year.

Specifically, it charts the beginning of the credit default swap market, which basically bet against America's banks.

Dr. Michael Burry (Christian Bale) was the first man to predict the housing market would collapse and instead of going to the public with the information, he instead bet against the banks.

Based on a critically acclaimed book by Michael Lewis, these mavericks use Wall Street's markets to bet against banks deemed too big to fail.

He goes to the big banks on Wall Street, which are more than happy to take his firm's money betting against a market that they are certain is infallible.

No one believed him, he didn't care, so he bought stock, betting against the bank and housing market.

Sources cited by DigiTimes said Amazon is banking on its extensive content assets to position the rumored tablet (or tablets, if BGR's tipster is correct) against Apple's iPad and iPad 2, the runaway best sellers in the emerging media tablet market.

With rates low, some early signs of reflation and central banks in a stimulative mood, gold prices could be a good hedge against financial market stresses.

While credit score is of utmost importance to banks, private lenders concentrate on the market value of a property and loans secured against it.

Many in the short - term online lending industry were surprised by the announcement, which seems to be in lock - step with the current administration's Operation Choke Point, an initiative launched in 2013 by the United States Department of Justice, whose stated intent was to «attack Internet, telemarketing, mail, and other mass market fraud against consumers, by choking fraudsters» access to the banking system.»

If however, you are saving for retirement via alternative methods (Infinite Banking, Rental Property, Oil Wells, etc.) that may not be vulnerable to market swings, you may be able to evaluate your return against inflation less frequently.

Those that are in the pocket of the banks argue against money market funds.

NDP: Update the Consumer Protection Act to cap ATM fees at a maximum of 50 cents per withdrawal; ensure all Canadians have reasonable access to a no - frills credit card with an interest rate no more than 5 % over prime; eliminate «pay - to - pay» by banks in which financial institutions charge their customers a fee for making payments on their mortgages, credit cards, or other loans; take action against abusive payday lenders; lower the fees that workers in Canada are forced to pay when sending money to their families abroad; direct the CRTC to crack down on excessive mobile roaming charges; create a Gasoline Ombudsperson to investigate complaints about practices in the gasoline market.

To see how these stacked up against the actual market rates, I went to the Bank of Canada, where you can look up the exchange rate for any day in the past.

Gendelman, along with Pam Marron, a Mortgage Broker in the Trinity area, have been relentless in their fight against the way banks and mortgage companies along with the credit bureaus have been unfairly punishing people forced to short sale their home in this difficult real estate market.

In the currency markets today, the U.S. dollar moved up to multi-year highs against the Japanese yen and other major currencies as Federal Reserve Chairman Ben Bernanke made comments that the U.S. central bank could slow down its asset purchasing program soon.