Sentences with phrase «of normal banking»

Cards Initially, automated teller machine cards allowed consumers to access their funds outside of normal banking hours.

Initially, automated teller machine cards allowed consumers to access their funds outside of normal banking hours.

It is outside the bounds of normal banking regulation, so it largely goes unregulated.

Not exact matches

To many bankers and others in the industry, SBAExpress occupies the middle ground between a conventional bank loan and traditional 7 (a) credit — trotted out when a borrower is «just a little bit of a stretch beyond the normal credit limits,» according to Joel Pruis, portfolio management analyst at the Indianapolis consulting firm Baker Hill.

Given the bank's goal of 2 % inflation, a normal rate of interest would be at least 4 %.

That has been Poloz's outlook since he took charge of the central bank last summer, but the gist of his Halifax address is that the return to normal, in terms of growth and interest rates, is still a ways off.

The searches on April 5 were a «normal development in the context of such an investigation,» a spokesman for the bank said, declining to comment further.

This shouldn't be a surprise to readers of this column because I've often complained that banks tend to ignore startups even during normal market circumstance.

The Bank of England will unveil plans to allow European banks to operate in UK as normal post-Brexit, even in a «no deal» scenario, the BBC reported.

The first is that the years immediately preceding the 2008 - 9 recession were not normal times in Canada; commodity prices were in the stratosphere, and the Bank of Canada's estimates for the output gap suggest that the economy was operating significantly above capacity.

I can assure you that in a normal market environment, no bank would generate these sort of results.

In terms of the economy, the best case scenario is that faith in our banks does not deteriorate and this bank evolves into a more normal bank.

But Musk doesn't tend to follow normal rulebooks, and he plunged three quarters of his net worth into his new idea, an outrageously bold plan to build essentially an online bank — replete with checking, savings, and brokerage accounts — called X.com.

Operations at NBRS Financial Bank have been fairly normal since April 7 when the Federal Reserve Board of Governors issued an Prompt Corrective Action Directive to the community bank serving Harford and Cecil counties, NBRS President Hugh J. GarchinskBank have been fairly normal since April 7 when the Federal Reserve Board of Governors issued an Prompt Corrective Action Directive to the community bank serving Harford and Cecil counties, NBRS President Hugh J. Garchinskbank serving Harford and Cecil counties, NBRS President Hugh J. Garchinsky...

Last week the Governor of the Bank of Canada, Stephen Poloz, warned Canadians that they should get used to a low dollar, since this was a normal and, indeed, the necessary response to a global reduction in oil and commodity prices.

Informal dealers replaced normal banking channels to process flows of money into and out of Iran, providing currency to ordinary Iranians and turning Dubai into a center for handling trade and investment for Iran.

I emphasize the term «large - scale» because a central bank engages in asset purchases in the normal course of business — that is how the central bank balance sheet grows along with the economy and enables the distribution of a growing stock of bank notes.

2018.02.23 Royal Bank of Canada to repurchase up to 30 million of its common shares Royal Bank of Canada (the Bank)(«RY» on TSX and NYSE) today announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have approved its normal course issuer bid to purchase,...

This of course appears quite extraordinary to any sane individual but in the world of banking it is normal and acceptable behaviour.

Short repayment course — Normal loans from banks and other institutions can give you a repayment plan that divides your debt payment in a long span of time.

Having more resilient banks with sufficient capital and liquidity reduces the probability of widespread liquidity crises.9 That would help make market - making more robust, though probably at lower levels of activity in normal times.

Royal Bank of Canada («RY» on TSX and NYSE) today announced that the Toronto Stock Exchange has approved its normal course issuer bid to purchase, for cancellation, up to 20 million of its common shares...

2018.01.10 Royal Bank of Canada announces specific share repurchase programs as part of its normal course issuer bid Royal Bank of Canada (RBC)(«RY» on TSX and NYSE) today announced that it will repurchase shares under two specific share repurchase programs (the «Programs»)...

2017.10.11 Royal Bank of Canada announces specific share repurchase program as part of its normal course issuer bid Royal Bank of Canada (RBC)(«RY» on TSX and NYSE) today announced that it will repurchase shares under a specific share repurchase program (the «Program»).

By their very nature, forward - looking statements require us to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct and that our forward - looking statements, including statements about the specific share repurchase program forming part of the normal course issuer bid by Royal Bank of Canada, will not be achieved.

Policy makers also are worried that a decade of ultra-low borrowing costs has made Canadians extra-sensitive to interest - rate increases, which could force the central bank to take a slower path back to normal.

It is possible also that the Bank will continue to rely to a greater extent than normal on foreign exchange swaps to provide system liquidity ahead of Y2K.

European Central Bank head Mario Draghi says the eurozone economy still needs abundant stimulus to raise inflation to more normal levels even in the midst of a strengthening recovery.

With the exchange market stable, the Bank in its foreign exchange operations has followed its normal practice of covering the Commonwealth Government's foreign exchange needs in the market.

In many ways, the improving U.S. economy no longer needs so much help from the central bank: Hiring is solid, and unemployment is on the cusp of a nearly normal 6 percent rate.

He said it could be that the exceptionally strong growth of last year is returning to a more normal pace and that the bank would have to study incoming data more.

Particularly good to see someone explain that the impact on bond funds is not the simplistic «1 % rise in bank rates means loss of duration %» but depends on the interest demanded at that point in the curve and normal supply / demand issues which are massively distorted for linkers.

The fundamental problem is that the ECB and the BoJ are trying to implement QE through the normal credit creation channels of the banking system (which aren't working) and relying on interest rate cuts, instead of creating new money in the hands of firms and households outside of the banking system by asset purchases directly from these non-bank entities.

They also remarked, «the number of banks which are becoming reliant on the ECB is alarming and hopes that the functioning of the European financial markets will ever return to normal are diminishing - creating a long - term threat to Europe's economy.»

«The central bank has withdrawn from the normal mode of intervention,» Yi Gang, the deputy governor of the bank and the head of the unit that runs China's foreign exchange system, said in Beijing.

In normal times, Section 18 of the Act says the Bank can only buy (or sell) certain types of assets — coins, foreign currencies, federal and provincial / territorial debt, debt issued by the U.S., Japan or the European Union, International Monetary Fund (IMF) special drawing rights, and bills of exchange or promissory notes issued by a bank or authorized foreign bank provided they have a maturity of no more than 180 dBank can only buy (or sell) certain types of assets — coins, foreign currencies, federal and provincial / territorial debt, debt issued by the U.S., Japan or the European Union, International Monetary Fund (IMF) special drawing rights, and bills of exchange or promissory notes issued by a bank or authorized foreign bank provided they have a maturity of no more than 180 dbank or authorized foreign bank provided they have a maturity of no more than 180 dbank provided they have a maturity of no more than 180 days.

The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.

The head of the Bank of Canada gently urged businesses to ease open the purse strings and start spending Wednesday as he said the economy was nearing a tipping point toward normal growth following the global recession.

Without policy accommodation (and the Federal Reserve, People's Bank of China, the European Central Bank are steadily tightening policy), a bifurcated economy has a fraction of «old normal» risk tolerance and asset price resiliency.

All kinds of bad things might happen if normal banking profits aren't possible.

Once ES balances returned to more normal levels, use of intra-day repos picked up again; banks have recently undertaken about $ 5 1/2 billion a day, or about 5 per cent of total daily RTGS payments.

Payment is accepted in the PNC bank branch during normal branch hours and is effective as of the date payment is made, although it may take up to 2 business days for the payment to be reflected on your account.

Having created orders of magnitude more money and bank reserves than normal during the easing part of the cycle the Fed must now implement QT on a much larger scale than ever before.

Some would argue that the market's normal functions of pricing for risk have been distorted or overwhelmed by central bank actions.

From this standpoint, it is encouraging to see correlations returning to normal as major central banks normalize monetary policy — a natural part of the economic cycle.

This may sound counter intuitive, but historically every downdraft in the banking cycle has preceded a multi-year period of very healthy returns as earnings rebounded and valuations returned to «normal.»

The Bank's presence acted as a counterweight to the hedge funds and restored a normal two - way flow of business although, on balance, the exchange rate continued to fall, eventually reaching a low of US58.1 cents.

The United States is going to adopt Europe's normal «covered bond» practice of bank head - office liability for mortgages and other loans.

Spotify has also warned that after not using a bank underwriter, its stock price could be more volatile than normal during the first day of trading.

Once a bank has built up a reputation of solidity, it will be fairly easy for it to just keep a fractional reserve at hand — this is to say, instead of actually warehousing the entire amount on deposit, it will only keep a certain percentage at hand that it estimates will suffice to satisfy withdrawal demands in the «normal course of business».