Sentences with phrase «money for banks»

«It's free money for the banks,» Mollica says.
It is indeed all about the money for both banks and law firms.
Cards courting the wealthy Wealthy customers have long been a highly sought demographic by card companies because they tend to pay bills reliably and have high levels of spending, which translates to more money for banks through the fees paid by merchants.
Credit default swaps were seen as easy money for banks when they were first launched more than a decade ago.
They should lose money for the banks, but people extend that, so it costs more.
Mortgages are big money for banks and mortgage lenders.
THE «for sale» sign will be swiftly put up on Great Southern's substantial land holdings as the receiver seeks to recoup money for the bank creditors
Rep. Gregory Meeks, a New York Democrat, said Wells Fargo had a «culture of being fined and losing money for the bank» and held up a chart showing all of the fines and judgments that had gone against the bank since Stumpf became CEO.
Today, the ethics panel charged her with breaking House rules by using her position to get federal bailout money for a bank with ties to her husband.
Overall, the spread is usually lower than on a deposit - funded mortgage, but it's essentially free money for the bank since they aren't putting up any of their own capital.
He used to manage private money for Bank of America, but this seems to be his first fund.
More money for the bank blap blap!
So the bank is likely to include terms that encourage you to pay fees or conduct transactions that make money for the bank.
From the bank's perspective, placing another card in circulation probably means more charges on the account, which translates into more money for the bank in interchange fees and potentially interest and late fees.
i paid this money for banking services (ecs) to paid this money.
Performed electronic bookkeeping tasks including sales logging, collection of all monies for bank deposits, and reconciling daily balance sheet
Prepares money for bank deposit.

Not exact matches

In March Boston - based Eastern Bank said it would make online loans available for amounts up to $ 100,000 in a streamlined digital process that takes minutes, also allowing some applicants to get money the same day.
Often VCs secure money from the Canadian banks and other large institutional investors, which would not make an ideal fit for him.
The end of the money - for - nothing policy that the world's central banks put in place after the 2008 financial crisis is nearly in sight.
Still the family wanted to wrestle control back and with no debt load and no money saved in the bank, they turned to The Profit for some tough love and smart business sense.
For example, don't leave your money lying around in a bank, where the interest rate tends to be an insulting 1 percent a year.
The Federal Reserve's decisions over the past 12 months to continuously raise interest rates from the near zero percent level of the past few years have made it more profitable for big banks to lend money.
Keep everything filed neatly and logically, and write notes on receipts and bank statements to explain what the money was used for — this can be particularly useful for things like travel and dining expenses.
«Shell companies are perfect for owning assets or opening bank accounts without leaving a trace of whose money it actually is,» Business Insider previously reported.
With money in the bank, it's easy for your marketing team to think they can be anywhere and everywhere: attending every conference, marketing to companies of all sizes from SMB all the way up through enterprise accounts... but you can't do it all.
When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»
Similarly, lenders are ten a penny to credit worthy businesses, but easy access money is also available to those struggling to gain finance from the banks or looking for a quicker option.
But with money after Christmas still being a little tight, this emergency vacation needs to be cost - effective if it's going to work with your bank balance and savings plan for the year ahead.
You need money in the bank before you write a check, and you need value in the bank before you ask for something.
«They were banking on their employers paying for their degrees and then saw that funding revoked,» says Séan Corbishley, the schools's director of EMBA and custom programming at the school, adding that mining firms are looking to save money.
You can add Western Union to the growing list of banks and financial institutions that are test - driving Ripple, the blockchain company trying to become the go - to service for global money transfers.
ZURICH, Sweden - Swiss National Bank Chairman Thomas Jordan gives speech on «That's why Switzerland's full money,» Swiss Institute for Banking and Finance s / bf - HSG,...
«I believe the CEO of a small - to - medium business has three major duties: to make sure there is money in the bank; to get the right people in the right roles; and to guide the long - term vision for the company,» said Nick Gray, the founder and CEO of Museum Hack, a team - building company in New York City that counts major brands, including Facebook, among its customers.
Outgoing Bank of Canada governor Mark Carney famously chided corporate Canada this summer for sitting on mountains of «dead money,» the idle dollars on balance sheets that could instead feed economic growth.
«Fast Money» trader Dan Nathan takes a look at the implied move on earnings for Bank of America, Goldman Sachs and Morgan Stanley.
The answer is straightforward: The Bank of Japan can buy government bonds on the open market, paying for them with either currency or deposits at the Bank of Japan, what economists call high - powered money.
In 1989, the Bank of Japan stepped on the brakes very hard and brought money supply down to negative rates for a while.
It's a target for the rate charged when banks lend money to each other overnight.
If a bank can't get much for lending money to other banks through the Fed, then it's not going to pay you much in a savings account.
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).
After the companies wired the money intended for Quanta, Rimasauskas was alleged to have moved the funds to different bank accounts around the world to places such as Latvia, Cyprus, Slovakia, Lithuania, Hungary, and Hong Kong.
During the IMF - World Bank Spring meetings last week, IMF officials said that time is running short for the institution to be able to disburse money to Greece.
Many small - business owners feel frustrated when they try to apply for a line of credit or a small - business loan — they feel like banks are only set up to loan money to big companies.
That investigation was a routine piece of compliance after Trump became what banks» internal money - laundering police call a «politically exposed person,» or PEP, by announcing his run for the presidency.
The fees Swiss banks charge for managing money will also drop, Straumann contends.
Ripple, the cryptocurrency designed for banks and global money transfers, is making history this month.
For financial goals, think about the things you can make happen when you have that money in your bank account.
Most, or 88 %, of the CEOs reached into their own personal piggy banks for seed money, and more than a third of them turned to their cofounders for funds.
That's good for the bank, since it makes a little money through a processing fee every time the card is used.
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